MERIDA INDUSTRY CO., LTD
MERIDA INDUSTRY CO., LTD., headquartered in Taiwan (TW), is a prominent player in the bicycle manufacturing industry, renowned for its innovative designs and high-quality products. Founded in 1972, the company has established a strong presence in major operational regions across Asia, Europe, and North America. Specialising in the production of bicycles, including road, mountain, and electric models, MERIDA is distinguished by its commitment to advanced technology and sustainable practices. The company has achieved significant milestones, such as expanding its product line and enhancing its manufacturing capabilities, which have solidified its market position. With a reputation for excellence, MERIDA has garnered numerous awards for its engineering and design, making it a trusted choice among cycling enthusiasts worldwide. The brand's dedication to quality and performance continues to drive its success in the competitive cycling market.
DitchCarbon Score
How does MERIDA INDUSTRY CO., LTD'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 Motor Vehicle 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
MERIDA INDUSTRY CO., LTD's score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MERIDA INDUSTRY CO., LTD's reported carbon emissions
In 2023, MERIDA INDUSTRY CO., LTD reported total carbon emissions of approximately 12,064,469.5 kg CO2e. This figure includes 1,582,096.4 kg CO2e from Scope 1 emissions, 3,988,100.1 kg CO2e from Scope 2 emissions, and 6,494,273.0 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 9,978,478.5 kg CO2e, with Scope 1 at 1,499,101.6 kg CO2e, Scope 2 at 6,586,185.6 kg CO2e, and Scope 3 at 1,893,191.3 kg CO2e. This indicates a significant increase in emissions year-on-year. In 2021, MERIDA's total emissions were approximately 8,402,154.8 kg CO2e, comprising 1,937,854.8 kg CO2e from Scope 1 and 6,464,300.0 kg CO2e from Scope 2, with no Scope 3 emissions reported. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from MERIDA INDUSTRY CO., LTD. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As such, their climate strategy remains unclear within the context of industry standards for emissions reduction.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,937,854.8 | 0,000,000.0 | 0,000,000.0 |
| Scope 2 | 6,464,300 | 0,000,000.0 | 0,000,000.0 |
| Scope 3 | - | 0,000,000.0 | 0,000,000 |
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.
MERIDA INDUSTRY CO., LTD is not committed to any 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.
