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Merida Industry Co., Ltd., commonly known as Merida, is a prominent player in the sale, maintenance, and repair of motor vehicles, motorcycle parts, and accessories. Headquartered in Taiwan (TW), the company has established a strong presence in various operational regions, catering to a diverse clientele. Founded in 1972, Merida has achieved significant milestones, including the development of innovative bicycle technologies and a commitment to quality that sets it apart in the competitive automotive and motorcycle industry.
Specialising in high-performance bicycles and related components, Merida is renowned for its cutting-edge designs and engineering excellence. The company’s dedication to sustainability and customer satisfaction has solidified its market position, making it a trusted name among enthusiasts and professionals alike. With a focus on delivering unique products and exceptional service, Merida continues to lead the way in the motor vehicle and motorcycle sectors.
-13 vs industry average
Merida Industry Co., Ltd.’s score of 26 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Retail Services has below-average carbon intensity
The Motor Vehicle Retail Services industry has reduced its overall emissions by 38% since 2018
Scope 3 accounts for ••• of total emissions.
Merida Industry Co., Ltd. reported Scope 3 emissions for 2024 of approximately 13,750,522.5 kg CO2e. This includes about 13,341,387 kg CO2e from capital goods and 409,135.5 kg CO2e from purchased goods and services.
In 2023, the company's Scope 3 emissions totalled approximately 13,582,736.1 kg CO2e, comprising about 12,827,400.9 kg CO2e from capital goods and 755,335.2 kg CO2e from purchased goods and services.
For 2022, Merida Industry Co., Ltd. reported total emissions of approximately 9,978,478.5 kg CO2e. This included 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.
In 2021, the company's total reported emissions were approximately 8,402,154.8 kg CO2e, with Scope 1 emissions at about 1,937,854.8 kg CO2e and Scope 2 emissions at roughly 6,464,300.0 kg CO2e.
For 2020, Merida Industry Co., Ltd. reported total emissions of approximately 7,462,221.1 kg CO2e, including Scope 1 emissions of about 1,782,392.3 kg CO2e and Scope 2 emissions of roughly 5,679,828.8 kg CO2e.
Merida Industry Co., Ltd. has established several climate commitments. Based on Taiwan's Nationally Determined Contributions (NDC) target, the company aims for a 25% reduction in Scope 1 emissions (approximately 2,500 tonnes CO2e) by 2030, using 2022 as the baseline year. Additionally, they are targeting a 100% reduction in Scope 1 emissions (approximately 10,000 tonnes CO2e) by 2050.
For Scope 2 emissions, also referencing Taiwan's NDC target and a 2022 baseline, Merida Industry Co., Ltd. is committed to a 25% reduction (approximately 2,500 tonnes CO2e) by 2030 and a 100% reduction (approximately 10,000 tonnes CO2e) by 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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