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 76% 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. reported total carbon emissions of approximately 9,978,478.5 kg CO2e, comprising 1,499,101.6 kg CO2e from Scope 1 and 6,586,185.6 kg CO2e from Scope 2 emissions. Additionally, the company disclosed Scope 3 emissions amounting to 1,893,191.3 kg CO2e. This represents a significant increase from 2021, where total emissions were about 8,402,154.8 kg CO2e, with Scope 1 at 1,937,854.8 kg CO2e and Scope 2 at 6,464,300.0 kg CO2e. Merida has set ambitious climate commitments aligned with Taiwan's Nationally Determined Contributions (NDC). The company aims for a 25% reduction in Scope 1 and Scope 2 emissions by 2030, which translates to a decrease of approximately 2,500 tonnes CO2e. Furthermore, it has committed to achieving a 100% reduction in these emissions by 2050, equating to a total reduction of about 10,000 tonnes CO2e. These targets reflect Merida's proactive approach to addressing climate change and reducing its carbon footprint in the bicycle manufacturing industry.
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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.
