Mereo Biopharma Group plc, commonly referred to as Mereo Biopharma, is a pioneering biopharmaceutical company headquartered in Great Britain. Founded in 2015, the company focuses on developing innovative therapies for patients with rare diseases and unmet medical needs, particularly in the fields of oncology and metabolic disorders. Mereo Biopharma's core products, including its unique therapeutic candidates, are designed to address significant gaps in current treatment options, showcasing the company's commitment to advancing healthcare. With a strong emphasis on clinical development, Mereo has achieved notable milestones, including successful clinical trials that position it as a key player in the biopharma industry. As it continues to expand its operational reach, Mereo Biopharma is dedicated to delivering transformative solutions that enhance patient outcomes and solidify its market presence.
How does Mereo Biopharma'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.
Mean score of companies in the Research Services 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.
Mereo Biopharma's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Mereo Biopharma, headquartered in Great Britain, reported an employee-related carbon footprint of approximately 460 kg CO2e per employee. This figure reflects a decrease from 490 kg CO2e per employee in 2021 and a more significant reduction from 730 kg CO2e per employee in 2020. Currently, Mereo Biopharma has not disclosed specific targets for carbon emissions reduction or any formal climate pledges. The company has not provided data on Scope 1, 2, or 3 emissions, indicating a lack of detailed emissions reporting. Overall, while Mereo Biopharma shows a positive trend in reducing emissions per employee, further commitments and transparency regarding their overall carbon footprint and reduction strategies would enhance their climate accountability.
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.
Mereo Biopharma is not participating in any 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.