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Meko AB

Common Name
Meko
Country
Sweden
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
6,275
Ticker
MEKO
Exchange
NASDAQ STOCKHOLM AB
Website
meko.com
Description
Meko AB is a leading company in the automotive industry, primarily focusing on the aftermarket services sector. The company specializes in providing a wide range of car parts and related services to v...

Meko's GHG Emissions Data Preview

In 2024, Meko completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Meko has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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0000000
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Verified Sources Behind Meko’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Meko’s data sources below and access millions more through our Disclosure Search.

a. Meko's Annual Report 2024
a. Meko's Annual Report 2024

Insights into Meko's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMeko amounted to16,875metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Mekodecreased by 1.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Meko's Scope 1 Emissions Over Time

2023202404 k8 k12 k16 ktCO2e+19%
  • Total Scope 1
  • Year-over-Year Change

What are Meko's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Meko were 14,184 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Meko's Scope 1 emissions increased by 19.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Meko's Scope 2 emissions?

In 2024, Meko reported Scope 2 greenhouse gas (GHG) emissions of 6,103 tCOâ‚‚e using the market-based method and 2,691 tCOâ‚‚e using the location-based method.a

Has Meko reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Meko's Scope 2 emissions(Location-Based) fell by 48.68% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Meko use for Scope 2 reporting?

In 2024, Meko reported its Scope 2 emissions using the market-based method and using the location-based method.a

Meko's Scope 2 Emissions Over Time

2023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Meko's Value Chain Emissions

In 2024, Meko reported 658,969 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Meko includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Meko's Scope 3 Emissions Over Time

202320240200 k400 k600 k800 ktCO2e+8%
  • Total Scope 3
  • Year-over-Year Change

What are Meko's Scope 3 emissions?

In 2024, Meko reported total Scope 3 emissions of 658,969 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 95.88%of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.12%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Meko's Scope 3 emissions remained relatively stable, indicating that Meko's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Meko disclose?

In 2024, Meko reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Meko's Scope 3 emissions?

In 2024, the largest contributors to Meko's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 603,040 tCOâ‚‚e(91.51%)
  • Use of Sold Products (Cat. 11): 25,971 tCOâ‚‚e(3.94%)
  • Upstream Transportation and Distribution (Cat. 4): 17,321 tCOâ‚‚e(2.63%)

Meko's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(91.5%)Use of Sold Products(Cat. 11)(3.9%)UpstreamTransportation andDistribution(Cat. 4)(2.6%)

Insights into Meko’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Meko reported Scope 1 greenhouse gas (GHG) emissions of 14,184 tCOâ‚‚e and total revenues of USD 1,683 millions. This translates into an emissions intensity of 8.43 tCOâ‚‚e per millions USD.a

Meko's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)NElringKlingerYear: 2024Scope 1: 20,100 tCO2eRevenue: $M 1,876Scope 1 Intensity: 10.71 tCO2e/$MCooper-Standard HoldingsYear: 2024Scope 1: 60,710 tCO2eRevenue: $M 2,731Scope 1 Intensity: 22.23 tCO2e/$MNexteer Automotive GroupYear: 2024Scope 1: 33,132 tCO2eRevenue: $M 33,302Scope 1 Intensity: 0.99 tCO2e/$MKoito ManufacturingYear: 2024Scope 1: 46,800 tCO2eRevenue: $M 6,275Scope 1 Intensity: 7.46 tCO2e/$MKumho TireYear: 2024Scope 1: 158,859 tCO2eRevenue: $M 3,089Scope 1 Intensity: 51.43 tCO2e/$MHuizhou Desay SV AutomotiveYear: 2024Scope 1: 946 tCO2eRevenue: $M 3,784Scope 1 Intensity: 0.25 tCO2e/$MJost WerkeYear: 2024Scope 1: 12,648 tCO2eRevenue: $M 1,113Scope 1 Intensity: 11.37 tCO2e/$MCIRYear: 2024Scope 1: 65,958 tCO2eRevenue: $M 1,895Scope 1 Intensity: 34.81 tCO2e/$MPlastiques du Val de LoireYear: 2024Scope 1: 6,600 tCO2eRevenue: $M 786Scope 1 Intensity: 8.40 tCO2e/$MNemakYear: 2024Scope 1: 642,074 tCO2eRevenue: $M 90,871Scope 1 Intensity: 7.07 tCO2e/$MTS TechYear: 2025Scope 1: 7,548 tCO2eRevenue: $M 3,071Scope 1 Intensity: 2.46 tCO2e/$MIochpe MaxionYear: 2024Scope 1: 171,055 tCO2eRevenue: $M 2,482Scope 1 Intensity: 68.93 tCO2e/$MToyo TireYear: 2024Scope 1: 265,100 tCO2eRevenue: $M 3,601Scope 1 Intensity: 73.62 tCO2e/$MAutolivYear: 2024Scope 1: 75,000 tCO2eRevenue: $M 10,390Scope 1 Intensity: 7.22 tCO2e/$MREPT BATTERO EnergyYear: 2024Scope 1: 109,896 tCO2eRevenue: $M 2,501Scope 1 Intensity: 43.93 tCO2e/$MApollo TyresYear: 2025Scope 1: 275,903 tCO2eRevenue: $M 3,017Scope 1 Intensity: 91.44 tCO2e/$MNingbo Tuopu GroupYear: 2024Scope 1: 2,447 tCO2eRevenue: $M 3,645Scope 1 Intensity: 0.67 tCO2e/$MAutoneum HoldingYear: 2024Scope 1: 108,472 tCO2eRevenue: $M 2,583Scope 1 Intensity: 42.00 tCO2e/$MNNNexen TireYear: 2024Scope 1: 80,237 tCO2eRevenue: $M 1,941Scope 1 Intensity: 41.34 tCO2e/$MHyundai WiaYear: 2024Scope 1: 16,300 tCO2eRevenue: $M 5,575Scope 1 Intensity: 2.92 tCO2e/$MAkwelYear: 2024Scope 1: 27,288 tCO2eRevenue: $M 1,029Scope 1 Intensity: 26.51 tCO2e/$MNHK SpringYear: 2025Scope 1: 43,000 tCO2eRevenue: $M 5,346Scope 1 Intensity: 8.04 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MMekoYear: 2024Scope 1: 14,184 tCO2eRevenue: $M 1,683Scope 1 Intensity: 8.43 tCO2e/$M

How does Meko's GHG emissions intensity compare to its peers?

In 2024, Meko reported a Scope 1 emissions intensity of 8.43 tCOâ‚‚e per millions USD. Compared to the peer group median of 10.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Meko rank on GHG emissions intensity within its industry?

In 2024, Meko ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Meko is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Meko's Total Carbon Footprint

In 2024, Meko reported a total carbon footprint of 675,844 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Meko's total carbon footprint was Scope 3 emissions, accounting for 97.5% of the company's total carbon footprint, followed by Scope 1 emissions at 2.1%.a

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