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OrganisationsMercury Nz
Mercury Nz logo

Mercury Nz

Electrical Machinery ManufacturingNew ZealandPNK: MGHTF
Last verified 6 days agomercury.co.nz

Mercury NZ Limited, commonly referred to as Mercury, is a leading player in the electrical machinery and apparatus sector, specifically within the category of electrical machinery and apparatus n.e.c. (31). Headquartered in New Zealand, Mercury operates extensively across the country, focusing on renewable energy solutions and innovative electrical services. Founded in 1998, the company has achieved significant milestones, including a strong commitment to sustainability and a transition towards cleaner energy sources.

Mercury's core offerings include electricity generation, retail services, and energy management solutions, distinguished by their emphasis on renewable resources such as hydro and wind power. With a robust market position, Mercury has garnered recognition for its contributions to New Zealand's energy landscape, making it a trusted name in the industry.

56
DitchCarbon score

+20 vs industry average

Mercury Nz’s score of 56 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Mercury Nz's reported carbon emissions

Mercury NZ, operating in the Electrical machinery and apparatus n.e.c. industry in New Zealand, has demonstrated a commitment to reducing its carbon footprint.

Carbon Emissions Overview:

  • 2024: Total reported emissions were approximately 379 million kg CO2e. This comprises Scope 1 emissions of about 239.6 million kg CO2e, Scope 2 emissions of approximately 521,000 kg CO2e, and Scope 3 emissions of about 136.3 million kg CO2e.
  • 2023: Total emissions amounted to approximately 351 million kg CO2e, with Scope 1 at around 213.6 million kg CO2e, Scope 2 at about 632,000 kg CO2e, and Scope 3 at approximately 137.2 million kg CO2e.
  • 2022: Total emissions were approximately 364 million kg CO2e. This included Scope 1 emissions of about 222.7 million kg CO2e, Scope 2 emissions of roughly 1.1 million kg CO2e, and Scope 3 emissions of approximately 138.6 million kg CO2e.
  • 2021: Total emissions were approximately 310 million kg CO2e, with Scope 1 emissions at about 241.5 million kg CO2e and Scope 3 emissions for the use of sold products at around 66.6 million kg CO2e. Scope 2 data for this year was not specified.
  • 2020: Total emissions were approximately 334.6 million kg CO2e, with Scope 1 emissions at about 265.2 million kg CO2e and Scope 3 emissions for the use of sold products at around 67.1 million kg CO2e. Scope 2 data for this year was not specified.

Climate Commitments and Reduction Targets:

Mercury NZ has set ambitious targets to achieve its climate goals:

  • Net-Zero Emissions: The company aims to achieve net-zero emissions by 2040, building on its updated Climate Action Plan.
  • Carbon Neutrality: Mercury aims to achieve carbon neutrality by 2030.
  • Scope 1 Emissions Reduction: A commitment exists to reduce Scope 1 emissions by 50% from a 2021 baseline by 2030.
  • Scope 2 Emissions Reduction: Similarly, a target is in place to reduce Scope 2 emissions by 50% from a 2021 baseline by 2030.

Mercury NZ's emissions reporting covers Scope 1, Scope 2, and Scope 3, with a noted missing data point for Scope 3/purchased goods and services in several reporting years. The company's climate action is aligned with global efforts to mitigate climate change.

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Mercury Nz’s Climate Goals (2030 & 2050)

6 goals

2030

Mercury aims to achieve carbon neutrality by 2030

Mercury aims to achieve carbon neutrality by 2030.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Mercury Nz logoMercury Nz
NZElectrical Machinery Manufacturing
6 days ago
56
EnergyAustralia Pty Ltd logoEnergyAustralia Pty Ltd
AUElectricity Transmission
1 month ago
73
View
Meridian Energy logoMeridian Energy
NZElectricity from Other Sources
1 month ago
72
View
Vector Limited logoVector Limited
NZElectricity Distribution
20 days ago
64
View
Genesis Energy Limited logoGenesis Energy Limited
NZElectricity Transmission
2 hours ago
61
View
Contact Energy logoContact Energy
NZElectricity from Other Sources
2 hours ago
36
View
Origin Energy logoOrigin Energy
AUElectricity from Other Sources
13 days ago
34
View

Frequently asked questions

Common questions about Mercury Nz’s sustainability data and climate commitments

In 2024, Mercury NZ's total reported carbon emissions were approximately 379 million kg CO₂e. This includes Scope 1 emissions of about 240 million kg CO₂e, Scope 2 emissions close to 520,000 kg CO₂e, and Scope 3 emissions around 136 million kg CO₂e. These figures reflect the company's ongoing efforts to monitor and reduce its greenhouse gas footprint within New Zealand's electrical machinery sector. The data demonstrates Mercury's commitment to transparency and climate action, aligning with industry standards for emissions reporting in 2024.

Data year: 2024

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