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Motor Vehicle Retail Services
TW
updated 18 days ago

Merida Industry Co., Ltd.

Company website

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.

32

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.

31

Industry Benchmark

Merida Industry Co., Ltd.'s score of 32 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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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 1,499,101.6 kg CO2e from Scope 1 emissions, 6,586,185.6 kg CO2e from Scope 2 emissions, and 1,893,191.3 kg CO2e from Scope 3 emissions. This represents a significant increase from 2021, when total emissions were about 8,402,154.8 kg CO2e, with Scope 1 and Scope 2 emissions contributing 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 commitments reflect Merida's proactive approach to addressing climate change and reducing its carbon footprint in the cycling industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Merida Industry Co., Ltd.'s primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Merida Industry Co., Ltd. is in TW, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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