Mercury Nz Sustainability Profile
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 80 is higher than 88% 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 2024, Mercury NZ reported total carbon emissions of approximately 239,574,000 kg CO2e from Scope 1, which includes 236,312,000 kg CO2e from fugitive emissions, and 521,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were reported at about 136,335,000 kg CO2e. In 2023, the company recorded similar emissions, with Scope 1 at approximately 213,645,000 kg CO2e, Scope 2 at 632,000 kg CO2e, and Scope 3 at 137,159,000 kg CO2e. Mercury NZ has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% from a 2021 baseline by 2030. Furthermore, the company is committed to achieving carbon neutrality by 2030 for both Scope 1 and Scope 2 emissions. Long-term, Mercury aims for net-zero emissions by 2040 across all scopes. These targets are part of Mercury's broader sustainability strategy, which aligns with industry standards and reflects its commitment to addressing climate change. The company is actively working towards these goals, demonstrating a proactive approach to reducing its carbon footprint in the energy sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 265,212,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 67,104,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Mercury Nz's Industry?
How Carbon Intensive is Mercury Nz's Location?
Mercury Nz's Climate Goals (2030 & 2050)
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.
Mercury Nz 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.
Engie
Rheinisch Westfalisches Elektrizitatswerk
Frequently Asked Questions
Common questions about Mercury Nz's sustainability data and climate commitments