Mercury Nz
Mercury NZ Limited, commonly referred to as Mercury, is a leading energy company headquartered in New Zealand. Established in 1998, Mercury has grown to become a significant player in the renewable energy sector, primarily focusing on hydroelectric power generation and retail electricity services. With major operations across the North Island, the company is committed to sustainability and innovation in energy solutions. Mercury's core offerings include electricity generation from renewable sources, energy retailing, and a range of energy management services. What sets Mercury apart is its dedication to harnessing New Zealand's natural resources, particularly water, to produce clean energy. The company has achieved notable milestones, including a strong market position as one of the top electricity retailers in the country, recognised for its commitment to environmental stewardship and customer service excellence.
DitchCarbon Score
How does Mercury Nz'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.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing 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.
Industry Benchmark
Mercury Nz's score of 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mercury Nz's reported carbon emissions
In 2023, Mercury NZ reported total carbon emissions of approximately 349,055,000 kg CO2e, with Scope 1 emissions accounting for about 213,645,000 kg CO2e, Scope 2 emissions at approximately 632,000 kg CO2e, and Scope 3 emissions reaching about 137,159,000 kg CO2e. The company has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set to align with the Science Based Targets initiative (SBTi). Mercury NZ's emissions intensity from New Zealand grid electricity has shown variability over the years, with a notable intensity of 97.0 kg CO2e per kWh in 2020. The company has made significant strides in reducing its emissions, particularly in Scope 1 and 2, which totalled approximately 267,468,000 kg CO2e in 2020. Mercury NZ's climate commitments reflect its dedication to sustainability within the electric utilities sector, aiming to transition towards a low-carbon future while maintaining operational efficiency.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 265,212,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 300,000,000 | - | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 500,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mercury Nz is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
