Merida Industry Co Ltd

Common Name
Merida Industry
Country
Taiwan
Sector
Consumer Cyclical
Industry
Leisure
Employees
N/A
Ticker
9914
Exchange
TAIWAN STOCK EXCHANGE
Description
Merida Industry Co., Ltd. is a prominent manufacturer renowned for its high-quality bicycles and related components. With a commitment to innovation and precision engineering, Merida designs and produ...

Merida Industry's GHG Emissions Data Preview

In 2024, Merida Industry 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).

However, Merida Industry has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Merida Industry’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 Merida Industry’s data sources below and access millions more through our Disclosure Search.

a. Merida Industry's Annual Report 2024
a. Merida Industry's Annual Report 2024
b. Merida Industry's Annual Report 2022
b. Merida Industry's Annual Report 2022

Insights into Merida Industry's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Merida Industry amounted to 5,228.127 metric 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 Merida Industry decreased by 6.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Merida Industry's Scope 1 Emissions Over Time

2020202120222023202405001 k1.5 k2 ktCO2e+9%-23%+6%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Merida Industry's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Merida Industry were 1,407.184 metric tons of CO₂ equivalent (tCO₂e). a

Has Merida Industry reduced its Scope 1 emissions over time?

Since 2020, Merida Industry's Scope 1 emissions have decreased by 21.05%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Merida Industry's Scope 1 emissions decreased by 11.06%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Merida Industry's Scope 2 emissions?

In 2024, Merida Industry reported Scope 2 greenhouse gas (GHG) emissions of 3,820.943 tCO₂e without specifying the calculation method. a

Has Merida Industry reduced its Scope 2 emissions over time?

Since 2020, Merida Industry's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 32.73%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Merida Industry's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Merida Industry 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Merida Industry use for Scope 2 reporting?

In 2024, Merida Industry reported its Scope 2 emissions using an unspecified methodology. a

Merida Industry's Scope 2 Emissions Over Time

2020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Merida Industry's Value Chain Emissions

In 2024, Merida Industry reported 45,525.108 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Merida Industry includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Merida Industry's Scope 3 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e+243%+601%
  • Total Scope 3
  • Year-over-Year Change

What are Merida Industry's Scope 3 emissions?

In 2024, Merida Industry reported total Scope 3 emissions of 45,525.108 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Merida Industry's Scope 3 emissions increased by 601%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2024, Merida Industry reported Scope 1 greenhouse gas (GHG) emissions of 1,407.184 tCO₂e and total revenues of USD 905 millions. This translates into an emissions intensity of 1.56 tCO₂e per millions USD. a

Merida Industry's Scope 1 Emissions Intensity Compared to Peers

0.5201,00050,0005,000,000Scope 1 Emissions (tCO2e)10505002,00020,000Revenues (Millions of USD)FTFHFTTFFormosa TaffetaYear: 2023Scope 1: 78,690 tCO2eRevenue: $M 929Scope 1 Intensity: 84.70 tCO2e/$MFFFoxtron Vehicle TechnologiesYear: 2024Scope 1: 252 tCO2eRevenue: $M 260Scope 1 Intensity: 0.97 tCO2e/$MTaiwan PaihoYear: 2023Scope 1: 17,627 tCO2eRevenue: $M 406Scope 1 Intensity: 43.45 tCO2e/$MFeng Tay EnterprisesYear: 2024Scope 1: 19,400 tCO2eRevenue: $M 2,671Scope 1 Intensity: 7.26 tCO2e/$MEclat TextileYear: 2024Scope 1: 61,692 tCO2eRevenue: $M 1,124Scope 1 Intensity: 54.88 tCO2e/$MTong Yang IndustryYear: 2023Scope 1: 11,643 tCO2eRevenue: $M 778Scope 1 Intensity: 14.97 tCO2e/$MTTTainan SpinningYear: 2021Scope 1: 60,832 tCO2eRevenue: $M 728Scope 1 Intensity: 83.51 tCO2e/$MQuang Viet EnterpriseYear: 2023Scope 1: 2,050 tCO2eRevenue: $M 540Scope 1 Intensity: 3.80 tCO2e/$MHotai MotorYear: 2024Scope 1: 235 tCO2eRevenue: $M 7,815Scope 1 Intensity: 0.03 tCO2e/$MJohnson Health TechYear: 2022Scope 1: 881 tCO2eRevenue: $M 1,094Scope 1 Intensity: 0.80 tCO2e/$MFFFederalYear: 2023Scope 1: 124 tCO2eRevenue: $M 16Scope 1 Intensity: 7.96 tCO2e/$MNankang Rubber TireYear: 2022Scope 1: 12,718 tCO2eRevenue: $M 241Scope 1 Intensity: 52.73 tCO2e/$MHHHota Industrial Mfg.Year: 2023Scope 1: 1,436 tCO2eRevenue: $M 215Scope 1 Intensity: 6.68 tCO2e/$MFFFirst SteamshipYear: 2023Scope 1: 1 tCO2eRevenue: $M 179Scope 1 Intensity: 0.00 tCO2e/$MKing Slide WorksYear: 2024Scope 1: 1,278 tCO2eRevenue: $M 309Scope 1 Intensity: 4.13 tCO2e/$MKenda Rubber IndYear: 2023Scope 1: 126,788 tCO2eRevenue: $M 1,123Scope 1 Intensity: 112.92 tCO2e/$MTTTon Yi IndustrialYear: 2024Scope 1: 72,866 tCO2eRevenue: $M 1,369Scope 1 Intensity: 53.21 tCO2e/$MTTTaiwan SakuraYear: 2023Scope 1: 680 tCO2eRevenue: $M 270Scope 1 Intensity: 2.52 tCO2e/$MTaiwan MobileYear: 2024Scope 1: 7,592 tCO2eRevenue: $M 6,086Scope 1 Intensity: 1.25 tCO2e/$MMomo ComYear: 2021Scope 1: 385 tCO2eRevenue: $M 3,190Scope 1 Intensity: 0.12 tCO2e/$MYulon MotorYear: 2022Scope 1: 6,926 tCO2eRevenue: $M 2,508Scope 1 Intensity: 2.76 tCO2e/$MFFFar Eastern New CenturyYear: 2024Scope 1: 952,646 tCO2eRevenue: $M 8,260Scope 1 Intensity: 115.33 tCO2e/$MCheng Shin Rubber Ind.Year: 2024Scope 1: 72,989 tCO2eRevenue: $M 2,938Scope 1 Intensity: 24.84 tCO2e/$MPou ChenYear: 2024Scope 1: 71,035 tCO2eRevenue: $M 8,053Scope 1 Intensity: 8.82 tCO2e/$MGiant ManufacturingYear: 2023Scope 1: 27,521 tCO2eRevenue: $M 2,509Scope 1 Intensity: 10.97 tCO2e/$MMerida IndustryYear: 2024Scope 1: 1,407 tCO2eRevenue: $M 905Scope 1 Intensity: 1.56 tCO2e/$M

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

In 2024, Merida Industry reported a Scope 1 emissions intensity of 1.56 tCO₂e per millions USD. Compared to the peer group median of 7.96 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Merida Industry rank on GHG emissions intensity within its industry?

In 2024, Merida Industry ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Merida Industry's Total Carbon Footprint

In 2024, Merida Industry reported a total carbon footprint of 50,753.235 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 320.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Merida Industry's total carbon footprint was Scope 3 emissions, accounting for 89.7% of the company's total carbon footprint, followed by Scope 2 emissions at 7.53%. a

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