Merida Industry Co., Ltd.
Merida Industry Co., Ltd., commonly known as Merida, is a leading manufacturer in the bicycle industry, headquartered in Taiwan (TW). Established in 1972, the company has grown to become a prominent player in the global cycling market, with significant operations across Europe, Asia, and North America. Merida is renowned for its high-quality bicycles, including road, mountain, and electric models, distinguished by innovative design and advanced technology. The company’s commitment to sustainability and performance has earned it a strong market position, with notable achievements in competitive cycling and a loyal customer base. With decades of expertise, Merida continues to push the boundaries of cycling excellence, making it a trusted name among enthusiasts and professionals alike.
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 Retail 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.
Industry Benchmark
Merida Industry Co., Ltd.'s score of 32 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merida Industry Co., Ltd.'s reported carbon emissions
In 2022, Merida Industry Co., Ltd., headquartered in Taiwan (TW), reported total carbon emissions of approximately 9,978,478.5 kg CO2e. This figure includes Scope 1 emissions of about 1,499,101.6 kg CO2e, Scope 2 emissions of approximately 6,586,185.6 kg CO2e, and Scope 3 emissions of around 1,893,191.3 kg CO2e. The company's emissions for 2021 were lower, at about 8,402,154.8 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 1,937,854.8 kg CO2e and 6,464,300.0 kg CO2e, respectively. Merida has set ambitious climate commitments aligned with Taiwan's Nationally Determined Contributions (NDC). The company aims for a 100% reduction in both Scope 1 and Scope 2 emissions, targeting a decrease of 10,000 tonnes by 2050. Additionally, a near-term goal includes a 25% reduction (2,500 tonnes) in both Scope 1 and Scope 2 emissions by 2030. These targets reflect a long-term commitment to sustainability and reducing their carbon footprint in line with national climate goals. Merida's emissions data is self-reported and does not appear to be cascaded from a parent or related organization. The company continues to monitor and report its emissions as part of its corporate responsibility initiatives.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,782,392.3 | 0,000,000.0 | 0,000,000.0 |
| Scope 2 | 5,679,828.8 | 0,000,000 | 0,000,000.0 |
| Scope 3 | - | - | 0,000,000.0 |
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 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.
