Meridian Energy Ltd

Common Name
Meridian Energy
Country
New Zealand
Sector
Utilities
Industry
Utilities - Renewable
Employees
936
Ticker
MEL
Exchange
NZX
Description
Meridian Energy Ltd is a prominent electricity generator and retailer based in New Zealand, primarily focused on renewable energy solutions. The company stands out for its commitment to sustainability...

Meridian Energy's GHG Emissions Data Preview

In 2024, 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).

However, Meridian Energy 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Meridian Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Meridian Energy amounted to 2,373 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Meridian Energy decreased by 1.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Meridian Energy's Scope 1 Emissions Over Time

202120222023202403006009001.2 ktCO2e-37%+85%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Meridian Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Meridian Energy were 1,060 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Meridian Energy reduced its Scope 1 emissions over time?

Since 2021, Meridian Energy's Scope 1 emissions have increased by 3.92%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Meridian Energy's Scope 1 emissions decreased by 11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Meridian Energy's Scope 2 emissions?

In 2024, Meridian Energy reported Scope 2 greenhouse gas (GHG) emissions of 1,313 tCOâ‚‚e using the location-based method.

Has Meridian Energy reduced its Scope 2 emissions over time?

Since 2021, Meridian Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 44.2%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Meridian Energy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Meridian Energy 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Meridian Energy use for Scope 2 reporting?

In 2024, Meridian Energy reported its Scope 2 emissions using the location-based method.

Meridian Energy's Scope 2 Emissions Over Time

202120222023202406001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Meridian Energy's Value Chain Emissions

In 2024, Meridian Energy reported 112,139 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Meridian Energy 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.

Meridian Energy's Scope 3 Emissions Over Time

2021202220232024030 k60 k90 k120 ktCO2e+31%+10%+141%
  • Total Scope 3
  • Year-over-Year Change

What are Meridian Energy's Scope 3 emissions?

In 2024, Meridian Energy reported total Scope 3 emissions of 112,139 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Meridian Energy reduced its Scope 3 emissions over time?

Since 2021, Meridian Energy's Scope 3 emissions have increased by 249.38%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Meridian Energy's Scope 3 emissions increased by 141.41%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Meridian Energy's Total Carbon Footprint

In 2024, Meridian Energy reported a total carbon footprint of 114,512 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 134.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Meridian Energy's total carbon footprint was Scope 3 emissions, accounting for 97.93% of the company's total carbon footprint, followed by Scope 2 emissions at 1.15%.

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