Public Profile

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.

62

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.

2

Industry Benchmark

Mercury Nz's score of 62 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Mercury Nz's reported carbon emissions

In 2023, Mercury NZ reported total carbon emissions of approximately 349,055,000 kg CO2e. This figure includes 213,645,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 632,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions totalled about 137,159,000 kg CO2e, covering a range of indirect emissions from the value chain. Mercury NZ has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, reflecting the company's dedication to comprehensive climate action. The company has also made significant strides in reducing its emissions intensity from New Zealand grid electricity, with reported values of 97.0 kg CO2e per kWh in 2020 and 115.0 kg CO2e per kWh in 2021. Overall, Mercury NZ's climate commitments and emissions data illustrate a proactive approach to sustainability within the electric utilities sector in New Zealand.

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20202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mercury Nz's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mercury Nz is headquartered in NZ, which has a rank of very low, indicating very low grid carbon 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 committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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