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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 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)2024202320222021 - 2017
Total Scope 1
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0000000
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 2024
a. Merry Electronics's Sustainability Report 2024
b. Merry Electronics's Sustainability Report 2023
b. Merry Electronics's Sustainability Report 2023

Insights into Merry Electronics's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMerry Electronics amounted to18,457.714metric 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 Electronicsincreased by 1.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Merry Electronics's Scope 1 Emissions Over Time

20192020202120222023202404008001.2 k1.6 ktCO2e+19%+82%-5%+24%-51%
  • Total Scope 1
  • Year-over-Year Change

What are Merry Electronics's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Merry Electronics were 774.457 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Merry Electronics reduced its Scope 1 emissions over time?

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

What are Merry Electronics's Scope 2 emissions?

In 2024, Merry Electronics reported Scope 2 greenhouse gas (GHG) emissions of 17,683.257 tCOâ‚‚e using the location-based method.a

Has Merry Electronics reduced its Scope 2 emissions over time?

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

What methodology does Merry Electronics use for Scope 2 reporting?

In 2024, Merry Electronics reported its Scope 2 emissions using the location-based method.a

Merry Electronics's Scope 2 Emissions Over Time

20192020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Merry Electronics's Value Chain Emissions

In 2024, Merry Electronics reported 204,020.598 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 15of 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

Merry Electronics's Scope 3 Emissions Over Time

2021202220232024055 k110 k165 k220 ktCO2e+704%+665%+68%
  • Total Scope 3
  • Year-over-Year Change

What are Merry Electronics's Scope 3 emissions?

In 2024, Merry Electronics reported total Scope 3 emissions of 204,020.598 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What categories of Scope 3 emissions does Merry Electronics disclose?

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.

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

In 2024, the largest contributors to Merry Electronics's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 117,388.596 tCOâ‚‚e(57.54%)
  • Upstream Transportation and Distribution (Cat. 4): 39,954.996 tCOâ‚‚e(19.58%)
  • Use of Sold Products (Cat. 11): 15,148.57 tCOâ‚‚e(7.43%)

Merry Electronics's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(19.6%)Use of Sold Products(Cat. 11)(7.4%)Purchased Goods andServices (Cat. 1)(57.5%)

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

In 2024, Merry Electronics reported Scope 1 greenhouse gas (GHG) emissions of 774.457 tCOâ‚‚e and total revenues of USD 1,339 millions. This translates into an emissions intensity of 0.58 tCOâ‚‚e per millions USD.a

Merry Electronics's Scope 1 Emissions Intensity Compared to Peers

5501,00010,000200,000Scope 1 Emissions (tCO2e)501005001,0005,000Revenues (Millions of USD)GUITZCPrimax ElectronicsYear: 2024Scope 1: 6,904 tCO2eRevenue: $M 1,778Scope 1 Intensity: 3.88 tCO2e/$MAlpha NetworksYear: 2023Scope 1: 335 tCO2eRevenue: $M 922Scope 1 Intensity: 0.36 tCO2e/$MChin-Poon IndustrialYear: 2023Scope 1: 7,389 tCO2eRevenue: $M 546Scope 1 Intensity: 13.53 tCO2e/$MGGGemtek TechnologyYear: 2023Scope 1: 2,594 tCO2eRevenue: $M 852Scope 1 Intensity: 3.05 tCO2e/$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: $M 566Scope 1 Intensity: 12.52 tCO2e/$MDarfon ElectronicsYear: 2023Scope 1: 3,593 tCO2eRevenue: $M 841Scope 1 Intensity: 4.27 tCO2e/$MSitronix TechnologyYear: 2022Scope 1: 7 tCO2eRevenue: $M 584Scope 1 Intensity: 0.01 tCO2e/$MElitegroup Computer SystemsYear: 2022Scope 1: 6,065 tCO2eRevenue: $M 1,021Scope 1 Intensity: 5.94 tCO2e/$MLotesYear: 2024Scope 1: 2,911 tCO2eRevenue: $M 918Scope 1 Intensity: 3.17 tCO2e/$MIIITEQYear: 2023Scope 1: 59,895 tCO2eRevenue: $M 818Scope 1 Intensity: 73.26 tCO2e/$MDarwin PrecisionsYear: 2024Scope 1: 1,615 tCO2eRevenue: $M 637Scope 1 Intensity: 2.53 tCO2e/$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: $M 1,287Scope 1 Intensity: 1.60 tCO2e/$MTTTaiwan PCB TechvestYear: 2023Scope 1: 12,219 tCO2eRevenue: $M 617Scope 1 Intensity: 19.80 tCO2e/$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: 2024Scope 1: 316 tCO2eRevenue: $M 1,495Scope 1 Intensity: 0.21 tCO2e/$MMerry ElectronicsYear: 2024Scope 1: 774 tCO2eRevenue: $M 1,339Scope 1 Intensity: 0.58 tCO2e/$M

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

In 2024, Merry Electronics reported a Scope 1 emissions intensity of 0.58 tCOâ‚‚e 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

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

In 2024, Merry Electronics ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Merry Electronics among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Merry Electronics's Total Carbon Footprint

In 2024, Merry Electronics reported a total carbon footprint of 222,478.312 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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