Merry Electronics Co Ltd

Common Name
Merry Electronics
Country
Taiwan
Sector
Technology
Industry
Consumer Electronics
Employees
N/A
Ticker
2439
Exchange
TAIWAN STOCK EXCHANGE
Description
Merry Electronics Co., Ltd. specializes in the production and supply of audio and electroacoustic products. As a key player within the consumer electronics industry, Merry Electronics is renowned for ...

Merry Electronics's GHG Emissions Data Preview

In 2023, Merry Electronics 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).

Merry Electronics has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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

a. Merry Electronics's Sustainability Report 2023
a. Merry Electronics's Sustainability Report 2023

Insights into Merry Electronics's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Merry Electronics amounted to 18,261.38 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 2022, the total operational greenhouse gas (GHG) emissions of Merry Electronics decreased by 14.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Merry Electronics's Scope 1 Emissions Over Time

2019202020212022202304008001.2 k1.6 ktCO2e+19%+82%-5%+24%
  • Total Scope 1
  • Year-over-Year Change

What are Merry Electronics's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Merry Electronics were 1,591.62 metric tons of CO₂ equivalent (tCO₂e). a

Has Merry Electronics reduced its Scope 1 emissions over time?

Since 2019, Merry Electronics's Scope 1 emissions have increased by 154.5%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Merry Electronics's Scope 1 emissions increased by 24.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Merry Electronics's Scope 2 emissions?

In 2023, Merry Electronics reported Scope 2 greenhouse gas (GHG) emissions of 16,669.76 tCO₂e without specifying the calculation method. a

Has Merry Electronics reduced its Scope 2 emissions over time?

Since 2019, Merry Electronics's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Merry Electronics 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Merry Electronics's Scope 2 emissions (Unspecified Calculation Method) fell by 16.54% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Merry Electronics use for Scope 2 reporting?

In 2023, Merry Electronics reported its Scope 2 emissions using an unspecified methodology. a

Merry Electronics's Scope 2 Emissions Over Time

2019202020212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Merry Electronics's Value Chain Emissions

In 2023, Merry Electronics reported 14,692.07 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Merry Electronics includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Merry Electronics's Scope 3 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e+704%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Merry Electronics's Scope 3 emissions?

In 2023, Merry Electronics reported total Scope 3 emissions of 14,692.07 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 71.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 28.94% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Merry Electronics's Scope 3 emissions remained relatively stable, indicating that Merry Electronics 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Merry Electronics disclose?

In 2023, Merry Electronics reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Merry Electronics's Scope 3 emissions?

In 2023, the largest contributors to Merry Electronics's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 3,667.88 tCO₂e (24.97%)
  • Upstream Leased Assets (Cat. 8): 2,712.7 tCO₂e (18.46%)
  • Fuel- and Energy-Related Services (Cat. 3): 2,519.38 tCO₂e (17.15%)

Merry Electronics's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(18.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(17.1%)Use of Sold Products(Cat. 11)(25.0%)

Insights into Merry Electronics’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Merry Electronics reported Scope 1 greenhouse gas (GHG) emissions of 1,591.62 tCO₂e and total revenues of USD 1,196 millions. This translates into an emissions intensity of 1.33 tCO₂e per millions USD. a

Merry Electronics's Scope 1 Emissions Intensity Compared to Peers

25050010,000100,000Scope 1 Emissions (tCO2e)501005001,0005,000Revenues (Millions of USD)OGUZCPrimax ElectronicsYear: 2023Scope 1: 4,974 tCO2eRevenue: $M 1,972Scope 1 Intensity: 2.52 tCO2e/$MPan-International IndustrialYear: 2022Scope 1: 3,231 tCO2eRevenue: $M 854Scope 1 Intensity: 3.78 tCO2e/$MAlpha NetworksYear: 2023Scope 1: 335 tCO2eRevenue: $M 922Scope 1 Intensity: 0.36 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MOOOrient Semiconductor ElectronicsYear: 2023Scope 1: 589 tCO2eRevenue: $M 544Scope 1 Intensity: 1.08 tCO2e/$MGGGemtek TechnologyYear: 2023Scope 1: 2,594 tCO2eRevenue: $M 852Scope 1 Intensity: 3.05 tCO2e/$MFaraday TechnologyYear: 2023Scope 1: 237 tCO2eRevenue: $M 390Scope 1 Intensity: 0.61 tCO2e/$MJentech Precision IndustrialYear: 2023Scope 1: 433 tCO2eRevenue: $M 393Scope 1 Intensity: 1.10 tCO2e/$MAlchip TechnologiesYear: 2024Scope 1: 4 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.00 tCO2e/$MNuvoton TechnologyYear: 2023Scope 1: 39,579 tCO2eRevenue: $M 1,152Scope 1 Intensity: 34.35 tCO2e/$MEverlight ElectronicsYear: 2023Scope 1: 1,011 tCO2eRevenue: $M 582Scope 1 Intensity: 1.74 tCO2e/$MGetac HoldingsYear: 2023Scope 1: 13,224 tCO2eRevenue: $M 1,134Scope 1 Intensity: 11.66 tCO2e/$MNanya TechnologyYear: 2024Scope 1: 39,063 tCO2eRevenue: $M 1,042Scope 1 Intensity: 37.49 tCO2e/$MUUUnitech Printed Circuit BoardYear: 2024Scope 1: 7,081 tCO2eRevenue: $M 566Scope 1 Intensity: 12.52 tCO2e/$MSitronix TechnologyYear: 2022Scope 1: 7 tCO2eRevenue: $M 584Scope 1 Intensity: 0.01 tCO2e/$MElitegroup Computer SystemsYear: 2022Scope 1: 6,065 tCO2eRevenue: $M 1,021Scope 1 Intensity: 5.94 tCO2e/$MEnnostarYear: 2023Scope 1: 37,478 tCO2eRevenue: $M 727Scope 1 Intensity: 51.54 tCO2e/$MClevoYear: 2022Scope 1: 30 tCO2eRevenue: $M 722Scope 1 Intensity: 0.04 tCO2e/$MCoretronicYear: 2023Scope 1: 2,063 tCO2eRevenue: $M 1,287Scope 1 Intensity: 1.60 tCO2e/$MFlexium InterconnectYear: 2023Scope 1: 12,360 tCO2eRevenue: $M 1,067Scope 1 Intensity: 11.59 tCO2e/$MZZZyxel GroupYear: 2023Scope 1: 1,307 tCO2eRevenue: $M 990Scope 1 Intensity: 1.32 tCO2e/$MCCChang Wah ElectromaterialsYear: 2023Scope 1: 3,606 tCO2eRevenue: $M 538Scope 1 Intensity: 6.71 tCO2e/$MHTCYear: 2024Scope 1: 163 tCO2eRevenue: $M 94Scope 1 Intensity: 1.73 tCO2e/$MArcadyan TechnologyYear: 2023Scope 1: 739 tCO2eRevenue: $M 1,668Scope 1 Intensity: 0.44 tCO2e/$MMerry ElectronicsYear: 2023Scope 1: 1,592 tCO2eRevenue: $M 1,196Scope 1 Intensity: 1.33 tCO2e/$M

How does Merry Electronics's GHG emissions intensity compare to its peers?

In 2023, Merry Electronics reported a Scope 1 emissions intensity of 1.33 tCO₂e per millions USD. Compared to the peer group median of 2.13 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Merry Electronics rank on GHG emissions intensity within its industry?

In 2023, Merry Electronics ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Merry Electronics's Total Carbon Footprint

In 2023, Merry Electronics reported a total carbon footprint of 32,953.45 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.25% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Merry Electronics's total carbon footprint was Scope 2 emissions, accounting for 50.59% of the company's total carbon footprint, followed by Scope 3 emissions at 44.58%. a

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