Merit Medical Systems Inc

Common Name
Merit Medical Systems
Country
United States
Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
7,400
Ticker
MMSI
Exchange
NASDAQ/NGS
Description
Merit Medical Systems, Inc. is a renowned player within the healthcare industry, specializing in the development and manufacturing of medical devices used primarily for diagnostic and interventional p...

Merit Medical Systems Energy Data Preview

In 2023, Merit Medical Systems disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Merit Medical Systems disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Merit Medical Systems did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Insights into Merit Medical Systems's Energy Renewability

In 2023, Merit Medical Systems consumed a total of 273,118 Gigajoules of energy across its operations. Of this total, 36% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 64% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Merit Medical Systems's Energy Renewability Rate

36%

How much of Merit Medical Systems's energy consumed is renewable?

In 2023, Merit Medical Systems consumed a total of 273,118 Gigajoules of energy, of which 36% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Merit Medical Systems is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Merit Medical Systems's energy practices becoming more sustainable?

Since 2020, Merit Medical Systems's total energy consumption increased by 4.89%, including a 1.26% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in Merit Medical Systems's consumption increased by 620%, including a 38.46% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Merit Medical Systems has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Merit Medical Systems's Renewable vs Non-renewable Energy Over Time

272.09 k122.09 k27.91 k272.09 kGigajoules (GJ)202020212022202320%26%36%95%80%74%64%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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