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Meridian Energy Ltd

Common Name
Meridian Energy
Country
New Zealand
Sector
Utilities
Industry
Utilities - Renewable
Employees
936
Ticker
MEL
Exchange
NZX
Description
Meridian Energy Limited is a leading utility company specializing in the generation and retailing of electricity from 100% renewable sources, primarily wind, water, and solar. As New Zealand’s largest...

Meridian Energy's Climate Target Data Preview

As of 2025, Meridian Energy has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based 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 Meridian Energy's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2040
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt (W) of Electricity Other Activity (Unlisted)
0000000
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Meridian Energy’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2025.
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Verified Sources Behind Meridian Energy’s Climate Targets 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 Meridian Energy’s data sources below and access millions more through our Disclosure Search.

a. Meridian Energy's Climate Disclosure Report 2025

Insights into Meridian Energy's Greenhouse Gas Emissions Pathways

As of 2025, Meridian Energy 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.a

Does Meridian Energy have a target to reduce the emissions from its operations?

As of 2025, Meridian Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Meridian Energy's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 1,034 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

As of 2025, Meridian Energy is ahead of schedule on its operational emissions reduction target, having achieved 34.28% of the planned reduction.a

Meridian Energy's Operational (Scope 1+2) Emissions Pathway

202120252030204003006009001.2 kBaselineCurrent (-31%)Target 2030 (-50%)Target 2040 (-90%)

Does Meridian Energy have a target to reduce the emissions from its value chain?

As of 2025, Meridian Energy 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.a

Meridian Energy's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 34,473 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

Instead of reducing value chain emissions, Meridian Energy has increased them, with 2025 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.a

Meridian Energy's Value Chain (Scope 3) Emissions Pathway

202120252040015 k30 k45 k60 kBaselineCurrent (+46%)Target 2040 (-90%)
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