📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

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 renewable energy company specializing in the generation and retailing of electricity, with a primary focus on sustainable sources. As New Zealand’s largest electri...

Meridian Energy's GHG Emissions Data Preview

In 2025, Meridian Energy 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).

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

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data

Verified Sources Behind Meridian Energy’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 Meridian Energy’s data sources below and access millions more through our Disclosure Search.

a. Meridian Energy's Integrated Report 2025
a. Meridian Energy's Integrated Report 2025
b. Meridian Energy's Climate Assessment Report 2024
b. Meridian Energy's Climate Assessment Report 2024

Insights into Meridian Energy's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofMeridian Energy amounted to3,144metric 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 2024, the total operational greenhouse gas (GHG) emissions of Meridian Energyincreased by 32.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Meridian Energy's Scope 1 Emissions Over Time

2021202220232024202503006009001.2 ktCO2e-37%+85%-11%-33%
  • Total Scope 1
  • Year-over-Year Change

What are Meridian Energy's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Meridian Energy were 714 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Meridian Energy reduced its Scope 1 emissions over time?

Since 2021, Meridian Energy's Scope 1 emissions have decreased by 30%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2024), Meridian Energy's Scope 1 emissions decreased by 32.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Meridian Energy's Scope 2 emissions?

In 2025, Meridian Energy reported Scope 2 greenhouse gas (GHG) emissions of 1 tCOâ‚‚e using the market-based method and 2,430 tCOâ‚‚e using the location-based method.a

Has Meridian Energy reduced its Scope 2 emissions over time?

Since 2021, Meridian Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Meridian Energy's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year(2024), Meridian Energy's Scope 2 emissions(Location-Based) rose by 85.07% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Meridian Energy use for Scope 2 reporting?

In 2025, Meridian Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a

Meridian Energy's Scope 2 Emissions Over Time

2021202220232024202506501.3 k1.95 k2.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Meridian Energy's Value Chain Emissions

In 2025, Meridian Energy reported 50,168 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 2025 disclosure of Meridian Energy includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Meridian Energy's Scope 3 Emissions Over Time

20212022202320242025030 k60 k90 k120 ktCO2e+30%+10%+134%-56%
  • Total Scope 3
  • Year-over-Year Change

What are Meridian Energy's Scope 3 emissions?

In 2025, Meridian Energy reported total Scope 3 emissions of 50,168 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.32%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.68%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Meridian Energy reduced its Scope 3 emissions over time?

Since 2021, Meridian Energy's Scope 3 emissionshave increased by 45.53%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Meridian Energy's Scope 3 emissions decreased by 56.24%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Meridian Energy disclose?

In 2025, Meridian Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2025, the largest contributors to Meridian Energy's Scope 3 emissions were:a

  • Other/Unspecified Sources: 47,099 tCOâ‚‚e(93.88%)
  • Capital Goods (Cat. 2): 3,048 tCOâ‚‚e(6.08%)
  • Investments (Cat. 15): 21 tCOâ‚‚e(0.04%)

Meridian Energy's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(6.1%)Other/UnspecifiedSources(93.9%)

Insights into Meridian Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Meridian Energy reported Scope 1 greenhouse gas (GHG) emissions of 714 tCOâ‚‚e and total revenues of USD 2,924 millions. This translates into an emissions intensity of 0.24 tCOâ‚‚e per millions USD.a

Meridian Energy's Scope 1 Emissions Intensity Compared to Peers

101,00050,0005,000,000200,000,000Scope 1 Emissions (tCO2e)10505005,00050,000Revenues (Millions of USD)GDRenew Energy GlobalYear: 2025Scope 1: 758 tCO2eRevenue: $M 13Scope 1 Intensity: 58.88 tCO2e/$MEDP RenovaveisYear: 2024Scope 1: 4,150 tCO2eRevenue: $M 2,796Scope 1 Intensity: 1.48 tCO2e/$MGGGuangxi Guiguan Electric PowerYear: 2024Scope 1: 2,223,743 tCO2eRevenue: $M 1,315Scope 1 Intensity: 1,690.82 tCO2e/$MEnel Generacion ChileYear: 2024Scope 1: 2,370,390 tCO2eRevenue: $M 3,012Scope 1 Intensity: 786.92 tCO2e/$MPublic PowerYear: 2024Scope 1: 10,528,803 tCO2eRevenue: $M 9,343Scope 1 Intensity: 1,126.89 tCO2e/$MTohoku Electric PowerYear: 2024Scope 1: 32,477,000 tCO2eRevenue: $M 18,607Scope 1 Intensity: 1,745.44 tCO2e/$MNaturenergie HoldingYear: 2024Scope 1: 11,910 tCO2eRevenue: $M 1,778Scope 1 Intensity: 6.70 tCO2e/$MAuren EnergiaYear: 2022Scope 1: 122,245 tCO2eRevenue: $M 1,044Scope 1 Intensity: 117.12 tCO2e/$MNorthland Power Inc (Ontario)Year: 2024Scope 1: 1,425,978 tCO2eRevenue: $M 1,631Scope 1 Intensity: 874.27 tCO2e/$MSerena EnergiaYear: 2024Scope 1: 4,224 tCO2eRevenue: $M 668Scope 1 Intensity: 6.33 tCO2e/$MMercury NzYear: 2024Scope 1: 239,574 tCO2eRevenue: $M 2,089Scope 1 Intensity: 114.66 tCO2e/$MFluence EnergyYear: 2024Scope 1: 20 tCO2eRevenue: $M 2,697Scope 1 Intensity: 0.01 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MChina Longyuan Power GroupYear: 2024Scope 1: 7,186,902 tCO2eRevenue: $M 5,529Scope 1 Intensity: 1,299.76 tCO2e/$MDDDatang Renewable PowerYear: 2024Scope 1: 7,710 tCO2eRevenue: $M 1,881Scope 1 Intensity: 4.10 tCO2e/$MElectricite de StrasbourgYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 1,437Scope 1 Intensity: 0.72 tCO2e/$MBrookfield Renewable PartnersYear: 2024Scope 1: 140,074 tCO2eRevenue: $M 8,103Scope 1 Intensity: 17.29 tCO2e/$MEletrobrasYear: 2024Scope 1: 2,332,558 tCO2eRevenue: $M 6,504Scope 1 Intensity: 358.63 tCO2e/$MSDIC Power HoldingsYear: 2024Scope 1: 48,808,719 tCO2eRevenue: $M 7,923Scope 1 Intensity: 6,160.76 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MContact EnergyYear: 2024Scope 1: 947,491 tCO2eRevenue: $M 1,731Scope 1 Intensity: 547.49 tCO2e/$MFortumYear: 2024Scope 1: 1,351,041 tCO2eRevenue: $M 6,036Scope 1 Intensity: 223.85 tCO2e/$MDrax GroupYear: 2024Scope 1: 266,000 tCO2eRevenue: $M 7,733Scope 1 Intensity: 34.40 tCO2e/$MMeridian EnergyYear: 2025Scope 1: 714 tCO2eRevenue: $M 2,924Scope 1 Intensity: 0.24 tCO2e/$M

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

In 2025, Meridian Energy reported a Scope 1 emissions intensity of 0.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 207.11, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Meridian Energy rank on GHG emissions intensity within its industry?

In 2025, Meridian Energy ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Meridian Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Meridian Energy's Total Carbon Footprint

In 2025, Meridian Energy reported a total carbon footprint of 53,312 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 54.44% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Meridian Energy's total carbon footprint was Scope 3 emissions, accounting for 94.1% of the company's total carbon footprint, followed by Scope 2 emissions at 4.56%.a

Want Full Access to Meridian Energy's GHG Emissions Dataset?
Sign Up