MERLIN Properties Annual Report 2024

MERLIN Properties | 89 • Total like for like GHG emissions intensity (tCO 2 eq/sqm). • Total absolute GHG emissions intensity (tCO 2 eq/sqm). • Like for like GHG scope 2 emissions by asset category (tCO 2 eq). • Absolute GHG scope 2 emissions by asset category (tCO 2 eq). SCOPE 3 GREENHOUSE GAS (GHG) EMISSIONS MERLIN has expanded the coverage of the calculation of its Scope 3 indirect greenhouse gas (GHG) emissions in accordance with its Path to Net Zero strategy. The origin of these emissions is the Company’s activities at sources that are not under its direct ownership or control. MERLIN has assessed its GHG emissions in the categories defined in the Greenhouse Gas Protocol (GHG Protocol) that are most relevant for the Group’s activities, as detailed below. Based on the updated criteria for calculating the Scope 1 and Scope 2 emissions, MERLIN has established the following guidelines for including indirect GHG emissions originating in its value chain for calculating Scope 3 emissions: • Emissions associated with assets where MERLIN is a lessor: emissions from fuel consumption at fixed installations in offices used to air condition lessees’ private areas or at shopping centres where it is used to air condition leased premises. The use of this fuel, the control of its use, and the bills issued are paid by the lessees. • Emissions associated with assets for which the energy consumed in the building is fully metered and billed in the name of a Group company, considering 88% of that consumption to be the tenants' own consumption in carrying on their own activities. • Emissions from the utilities of single- tenant assets held in MERLIN’s name. GHG scope 2 emissions offices GHG scope 2 emissions shopping centers GHG scope 2 emissions logistic warehouses GHG scope 2 emissions data center centers centers 2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024 0.002 0.002 0.002 0.002 0.002 0.002 0.009 0.007 0.006 0.009 0.007 0.006 centers centers 2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024 0.002 0.002 0.002 0.002 0.002 0.002 0.009 0.007 0.006 0.009 0.007 0.006 2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024 0.007 0.006 0.001 0.000 0.000 0.007 0.006 0.008 0.007 0.006 0.001 0.000 0.000 0.005 0.006 0.006 12,520 10,065 9,084 6,348 5,911 5,117 6,044 4,065 3,889 128 90 78 13,516 10,399 9,935 6,736 6,087 5,645 6,650 4,202 3,889 130 92 304 97 9,917 7,470 6,413 4,853 3,650 3,167 4,935 3,730 3,168 128 90 78 10,848 7,797 7,057 5,203 3,827 3,696 5,515 3,860 3,168 130 92 97 97 2022 2023 2024 2022 2023 2024 2022 2023 2024 2022 2023 2024 0.007 0.006 0.001 0.000 0.000 0.007 0.006 0.008 0.007 0.006 0.001 0.000 0.000 0.005 0.006 0.006 12,520 10,065 9,084 6,348 5,911 5,117 6,044 4,065 3,889 128 90 78 13,516 10,399 9,935 6,736 6,087 5,645 6,650 4,202 3,889 130 92 304 97 9,917 7,470 6,413 4,853 3,650 3,167 4,935 3,730 3,168 128 90 78 10,848 7,797 7,057 5,203 3,827 3,696 5,515 3,860 3,168 130 92 97 97