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 62% 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 about 1,893,191.3 kg CO2e. The company's emissions have increased from 8,402,154.8 kg CO2e in 2021 and 7,462,221.1 kg CO2e in 2020, indicating a rising trend in their carbon footprint. Merida has set ambitious long-term reduction targets aligned with Taiwan's Nationally Determined Contributions (NDC). By 2050, the company aims for a 100% reduction in both Scope 1 and Scope 2 emissions, which translates to a reduction of 10,000 tonnes CO2e. In the near term, Merida is targeting a 25% reduction in emissions (2,500 tonnes CO2e) for both Scope 1 and Scope 2 by 2030. These commitments reflect Merida's dedication to addressing climate change and reducing its environmental impact, as it works towards achieving significant emissions reductions in the coming decades.
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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.
