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 75 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 2024, Mercury NZ reported total carbon emissions of approximately 375,909,000 kg CO2e, comprising 239,574,000 kg CO2e from Scope 1, 521,000 kg CO2e from Scope 2, and 136,335,000 kg CO2e from Scope 3 emissions. This marked a slight increase from 2023, where total emissions were about 349,055,000 kg CO2e, with Scope 1 emissions at 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 for carbon neutrality by 2030 across both Scope 1 and Scope 2 emissions. Specifically, they plan to reduce Scope 1 emissions by 50% from a 2021 baseline by 2030 and similarly target a 50% reduction in Scope 2 emissions from the same baseline. Furthermore, the company has committed to achieving net-zero emissions by 2040, encompassing all scopes of emissions. These initiatives reflect Mercury NZ's dedication to sustainability and its proactive approach to addressing climate change within the electric utilities sector in New Zealand.
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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 | 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 participating in some of the initiatives that 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.
