Mercury Nz Ltd

Common Name
Mercury Nz
Country
New Zealand
Sector
Utilities
Industry
Utilities - Renewable
Employees
1,493
Ticker
MCY
Exchange
NZX
Description
Mercury NZ Ltd. is a prominent integrated electricity generation and retail company in New Zealand. Specializing in renewable energy, it plays a critical role in the electricity sector by operating a ...

Mercury Nz's Climate Target Data Preview

As of 2024, Mercury Nz has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mercury Nz ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Mercury Nz's Greenhouse Gas Emissions Pathways

As of 2024, Mercury Nz has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Mercury Nz have a target to reduce the emissions from its operations?

As of 2024, Mercury Nz has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Mercury Nz's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 1,108 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Mercury Nz is ahead of schedule on its operational emissions reduction target, having achieved 58.87% of the planned reduction.

Mercury Nz's Operational (Scope 1+2) Emissions Pathway

202220242030204003006009001.2 kBaselineCurrent (-53%)Target 2040 (-90%)

Does Mercury Nz have a target to reduce the emissions from its value chain?

As of 2024, Mercury Nz has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Mercury Nz's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 138,279 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Mercury Nz is lagging behind on its value chain emissions reduction target, having achieved 2.54% of the planned reduction.

Mercury Nz's Value Chain (Scope 3) Emissions Pathway

2022202420302040035 k70 k105 k140 kCurrent (-2%)Target 2030 (-42%)Target 2040 (-90%)
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