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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)2024202320222021-2019
Total Scope 1
774.457a
1,591.623a
1,282.058a
Total Scope 2
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
204,020.598a
121,473.167a
15,874.1a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.5785a
1.3308a
1.1129a
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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.

a. Merry Electronics's Sustainability Report 2024
b. Merry Electronics's Sustainability Report 2023

Insights into Merry Electronics's Operational Emissions

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

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 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 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 tCO₂e 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 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

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 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

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 tCO₂e (57.54%)
  • Upstream Transportation and Distribution (Cat. 4): 39,954.996 tCO₂e (19.58%)
  • Use of Sold Products (Cat. 11): 15,148.57 tCO₂e (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 tCO₂e and total revenues of USD 1,339 millions. This translates into an emissions intensity of 0.58 tCO₂e per millions USD.a

Merry Electronics's Scope 1 Emissions Intensity Compared to Peers

2050020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)5050010,000100,0002,000,000Revenues (Millions of USD)Hisense Visual TechnologyYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 8,018Scope 1 Intensity: 0.19 tCO2e/$MDixon Technologies (India)Year: 2024Scope 1: 621 tCO2eRevenue: $M 2,112Scope 1 Intensity: 0.29 tCO2e/$MAnker Innovations TechnologyYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.02 tCO2e/$MShenzhen Transsion HoldingsYear: 2024Scope 1: 219 tCO2eRevenue: $M 9,407Scope 1 Intensity: 0.02 tCO2e/$MLGYear: 2024Scope 1: 5,891,000 tCO2eRevenue: $M 4,890Scope 1 Intensity: 1,204.71 tCO2e/$MGoertekYear: 2024Scope 1: 37,104 tCO2eRevenue: $M 13,833Scope 1 Intensity: 2.68 tCO2e/$MHuaqinYear: 2024Scope 1: 7,316 tCO2eRevenue: $M 15,057Scope 1 Intensity: 0.49 tCO2e/$MSharetronic Data TechnologyYear: 2024Scope 1: 52 tCO2eRevenue: $M 1,016Scope 1 Intensity: 0.05 tCO2e/$MLG ElectronicsYear: 2024Scope 1: 225,000 tCO2eRevenue: $M 59,785Scope 1 Intensity: 3.76 tCO2e/$MPanasonic HoldingsYear: 2025Scope 1: 272,000 tCO2eRevenue: $M 56,402Scope 1 Intensity: 4.82 tCO2e/$MXiaomiYear: 2024Scope 1: 31,296 tCO2eRevenue: $M 50,137Scope 1 Intensity: 0.62 tCO2e/$MSony GroupYear: 2024Scope 1: 235,000 tCO2eRevenue: $M 85,980Scope 1 Intensity: 2.73 tCO2e/$MSamsung ElectronicsYear: 2024Scope 1: 4,725,000 tCO2eRevenue: $M 205,038Scope 1 Intensity: 23.04 tCO2e/$MAppleYear: 2025Scope 1: 55,200 tCO2eRevenue: $M 416,290Scope 1 Intensity: 0.13 tCO2e/$MSkyworth GroupYear: 2024Scope 1: 47 tCO2eRevenue: $M 8,904Scope 1 Intensity: 0.01 tCO2e/$MKonka GroupYear: 2024Scope 1: 21,042 tCO2eRevenue: $M 1,523Scope 1 Intensity: 13.82 tCO2e/$MCasio ComputerYear: 2024Scope 1: 3,557 tCO2eRevenue: $M 1,775Scope 1 Intensity: 2.00 tCO2e/$MSonosYear: 2024Scope 1: 64 tCO2eRevenue: $M 1,517Scope 1 Intensity: 0.04 tCO2e/$MHangzhou EZVIZ NetworkYear: 2023Scope 1: 565 tCO2eRevenue: $M 681Scope 1 Intensity: 0.83 tCO2e/$MLenovo ComputerYear: 2024Scope 1: 308 tCO2eRevenue: $M 808Scope 1 Intensity: 0.38 tCO2e/$MHTCYear: 2024Scope 1: 163 tCO2eRevenue: $M 94Scope 1 Intensity: 1.73 tCO2e/$MFIH MobileYear: 2024Scope 1: 11,111 tCO2eRevenue: $M 5,703Scope 1 Intensity: 1.95 tCO2e/$MCoretronicYear: 2023Scope 1: 2,063 tCO2eRevenue: $M 1,287Scope 1 Intensity: 1.60 tCO2e/$MAmtran TechnologyYear: 2023Scope 1: 717 tCO2eRevenue: $M 541Scope 1 Intensity: 1.33 tCO2e/$MPrimax ElectronicsYear: 2024Scope 1: 6,904 tCO2eRevenue: $M 1,778Scope 1 Intensity: 3.88 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 1.33, 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 11 out of 25 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 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

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