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's GHG Emissions Data Preview

In 2023, Merit Medical Systems 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Merit Medical Systems’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 Merit Medical Systems’s data sources below and access millions more through our Disclosure Search.

a. Merit Medical Systems's Sustainability Report 2023
a. Merit Medical Systems's Sustainability Report 2023
b. Merit Medical Systems's Sustainability Report 2021
b. Merit Medical Systems's Sustainability Report 2021
c. Merit Medical Systems's Sustainability Report 2020
c. Merit Medical Systems's Sustainability Report 2020

Insights into Merit Medical Systems's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Merit Medical Systems amounted to 17,656 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 2021, the total operational greenhouse gas (GHG) emissions of Merit Medical Systems decreased by 2.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Merit Medical Systems's Scope 1 Emissions Over Time

20202021202309001.8 k2.7 k3.6 ktCO2e+10%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Merit Medical Systems's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Merit Medical Systems were 3,072 metric tons of CO₂ equivalent (tCO₂e). a

Has Merit Medical Systems reduced its Scope 1 emissions over time?

Since 2020, Merit Medical Systems's Scope 1 emissions have remained relatively, stable, indicating that Merit Medical Systems's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2021), Merit Medical Systems's Scope 1 emissions decreased by 10.04%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Merit Medical Systems's Scope 2 emissions?

In 2023, Merit Medical Systems reported Scope 2 greenhouse gas (GHG) emissions of 14,584 tCO₂e without specifying the calculation method. a

What methodology does Merit Medical Systems use for Scope 2 reporting?

In 2023, Merit Medical Systems reported its Scope 2 emissions using an unspecified methodology. a

Merit Medical Systems's Scope 2 Emissions Over Time

20202021202305 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Merit Medical Systems’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Merit Medical Systems reported Scope 1 greenhouse gas (GHG) emissions of 3,072 tCO₂e and total revenues of USD 1,257 millions. This translates into an emissions intensity of 2.44 tCO₂e per millions USD. a

Merit Medical Systems's Scope 1 Emissions Intensity Compared to Peers

202005,000100,0001,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)ARAzentaYear: 2023Scope 1: 14,399 tCO2eRevenue: $M 665Scope 1 Intensity: 21.65 tCO2e/$MResmedYear: 2023Scope 1: 4,453 tCO2eRevenue: $M 4,223Scope 1 Intensity: 1.05 tCO2e/$MVeracyteYear: 2023Scope 1: 448 tCO2eRevenue: $M 361Scope 1 Intensity: 1.24 tCO2e/$MAptargroupYear: 2023Scope 1: 24,660 tCO2eRevenue: $M 3,487Scope 1 Intensity: 7.07 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$MAvantorYear: 2023Scope 1: 26,095 tCO2eRevenue: $M 6,967Scope 1 Intensity: 3.75 tCO2e/$MBecton Dickinson and CoYear: 2023Scope 1: 162,475 tCO2eRevenue: $M 19,372Scope 1 Intensity: 8.39 tCO2e/$MWest Pharmaceutical ServicesYear: 2024Scope 1: 31,327 tCO2eRevenue: $M 2,893Scope 1 Intensity: 10.83 tCO2e/$MCooper CompaniesYear: 2024Scope 1: 58,155 tCO2eRevenue: $M 3,895Scope 1 Intensity: 14.93 tCO2e/$MPrestige Consumer HealthcareYear: 2021Scope 1: 1,304 tCO2eRevenue: $M 943Scope 1 Intensity: 1.38 tCO2e/$MWarby ParkerYear: 2023Scope 1: 961 tCO2eRevenue: $M 670Scope 1 Intensity: 1.43 tCO2e/$MBaxter InternationalYear: 2024Scope 1: 324,000 tCO2eRevenue: $M 10,636Scope 1 Intensity: 30.46 tCO2e/$MDENTSPLY SIRONAYear: 2024Scope 1: 4,705 tCO2eRevenue: $M 3,793Scope 1 Intensity: 1.24 tCO2e/$MTeleflexYear: 2024Scope 1: 16,256 tCO2eRevenue: $M 3,047Scope 1 Intensity: 5.33 tCO2e/$MWatersYear: 2023Scope 1: 12,660 tCO2eRevenue: $M 2,956Scope 1 Intensity: 4.28 tCO2e/$MAAAmneal PharmaceuticalsYear: 2024Scope 1: 40,500 tCO2eRevenue: $M 2,794Scope 1 Intensity: 14.50 tCO2e/$MRRRevvityYear: 2023Scope 1: 2,121 tCO2eRevenue: $M 2,751Scope 1 Intensity: 0.77 tCO2e/$MCharles River LaboratoriesYear: 2023Scope 1: 85,957 tCO2eRevenue: $M 4,129Scope 1 Intensity: 20.82 tCO2e/$MRepligenYear: 2023Scope 1: 2,236 tCO2eRevenue: $M 632Scope 1 Intensity: 3.54 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MEnvista HoldingsYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 2,511Scope 1 Intensity: 1.19 tCO2e/$MBioMarin PharmaceuticalYear: 2022Scope 1: 14,000 tCO2eRevenue: $M 2,096Scope 1 Intensity: 6.68 tCO2e/$MIntuitive SurgicalYear: 2024Scope 1: 8,105 tCO2eRevenue: $M 8,352Scope 1 Intensity: 0.97 tCO2e/$MHologicYear: 2024Scope 1: 7,050 tCO2eRevenue: $M 4,030Scope 1 Intensity: 1.75 tCO2e/$MMerit Medical SystemsYear: 2023Scope 1: 3,072 tCO2eRevenue: $M 1,257Scope 1 Intensity: 2.44 tCO2e/$M

How does Merit Medical Systems's GHG emissions intensity compare to its peers?

In 2023, Merit Medical Systems reported a Scope 1 emissions intensity of 2.44 tCO₂e per millions USD. Compared to the peer group median of 4.01 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Merit Medical Systems rank on GHG emissions intensity within its industry?

In 2023, Merit Medical Systems ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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