Meko, officially known as Meko AB, is a prominent player in the technology and manufacturing sector, headquartered in Sweden (SE). Founded in 1999, the company has established itself as a leader in the development of innovative solutions for the automotive and industrial markets, with a strong operational presence across Europe and North America. Meko's core offerings include advanced electronic components and systems, renowned for their reliability and cutting-edge technology. The company has achieved significant milestones, including strategic partnerships and expansions that have solidified its market position. With a commitment to quality and innovation, Meko continues to set industry standards, making it a trusted name among clients seeking high-performance solutions.
How does Meko's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Meko's score of 81 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Meko AB reported total carbon emissions of approximately 681,947,000 kg CO2e, with Scope 1 emissions at about 14,184,000 kg CO2e, Scope 2 emissions at approximately 6,103,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 658,969,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 641,065,000 kg CO2e, with Scope 1 at approximately 11,915,000 kg CO2e, Scope 2 at about 12,566,000 kg CO2e (market-based), and Scope 3 at around 611,340,000 kg CO2e. Meko has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include a 54.6% reduction in absolute Scope 1 and 2 emissions by 2033 from a 2023 baseline, and a similar reduction for Scope 3 emissions related to the use of sold products. Additionally, Meko aims for 85% of its suppliers by spend to have science-based targets by 2030. The company has also committed to converting all delivery vehicles and company cars to sustainable alternatives by 2030, and by 2025, all premises with their own electricity agreements will utilise renewable electricity. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 90% reduction in Scope 3 emissions from sold fossil fuels. Meko's climate strategy aligns with the Science Based Targets initiative (SBTi) and reflects its commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 10,144,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
| Scope 2 | 14,902,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 
| Scope 3 | 13,114,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 
Meko's Scope 3 emissions, which increased by 8% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Meko has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
