In 2024, 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 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Merry Electronics amounted to 18,457.714 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 2023, the total operational greenhouse gas (GHG) emissions of Merry Electronics increased by 1.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Merry Electronics were 774.457 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Merry Electronics's Scope 1 emissions have increased by 23.84%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Merry Electronics's Scope 1 emissions decreased by 51.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Merry Electronics reported Scope 2 greenhouse gas (GHG) emissions of 17,683.257 tCO₂e using the location-based method.a
Compared to the previous year (2023), Merry Electronics's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Merry Electronics's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Merry Electronics reported its Scope 2 emissions using the location-based method.a
In 2024, Merry Electronics reported 204,020.598 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 2024 disclosure of Merry Electronics includes a breakdown across 15 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.a
In 2024, Merry Electronics reported total Scope 3 emissions of 204,020.598 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 85.3% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.7% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Merry Electronics's Scope 3 emissions increased by 67.96%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Merry Electronics reported emissions for 15 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.
In 2024, the largest contributors to Merry Electronics's Scope 3 emissions were:a
In 2024, Merry Electronics reported Scope 1 greenhouse gas (GHG) emissions of 774.457 tCO₂e and total revenues of USD 1,339 millions. This translates into an emissions intensity of 0.58 tCO₂e per millions USD.a
In 2024, Merry Electronics reported a Scope 1 emissions intensity of 0.58 tCO₂e per millions USD. Compared to the peer group median of 4.08, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Merry Electronics ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Merry Electronics among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Merry Electronics reported a total carbon footprint of 222,478.312 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 59.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Merry Electronics's total carbon footprint was Scope 3 emissions, accounting for 91.7% of the company's total carbon footprint, followed by Scope 2 emissions at 7.95%.a