Merida Industry Co., Ltd.
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.
-11 vs industry average
Merida Industry Co., Ltd.’s score of 26 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Motor Vehicle Retail Services has below-average carbon intensity
Industry performance
The Motor Vehicle Retail Services industry has reduced its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Merida Industry Co., Ltd.'s reported carbon emissions
Merida Industry Co., Ltd., headquartered in Taiwan and operating in the sale, maintenance, and repair of motor vehicles, parts, and accessories, has reported the following greenhouse gas emissions: For 2022, Merida Industry Co., Ltd. reported total emissions of approximately 9,978,479 kg CO2e. This included Scope 1 emissions of approximately 1,499,102 kg CO2e and Scope 2 emissions of approximately 6,586,186 kg CO2e. Scope 3 emissions for this year amounted to approximately 1,893,191 kg CO2e. In 2021, the company's total emissions were approximately 8,402,155 kg CO2e, comprising Scope 1 emissions of approximately 1,937,855 kg CO2e and Scope 2 emissions of approximately 6,464,300 kg CO2e. Scope 3 emissions were not disclosed for this year. For 2020, Merida Industry Co., Ltd. reported total emissions of approximately 7,462,221 kg CO2e. This consisted of Scope 1 emissions of approximately 1,782,392 kg CO2e and Scope 2 emissions of approximately 5,679,829 kg CO2e. Scope 3 emissions were not disclosed for this year. In 2024, the company reported Scope 3 emissions from capital goods at approximately 13,341,387 kg CO2e and from purchased goods and services at approximately 409,136 kg CO2e. The following year, 2023, Scope 3 emissions from capital goods were approximately 12,827,401 kg CO2e, and from purchased goods and services, approximately 755,335 kg CO2e. Merida Industry Co., Ltd. has established climate commitments aligned with Taiwan's Nationally Determined Contributions (NDC) target, using 2022 as a baseline year. The company aims for a 25% reduction in Scope 1 emissions by 2030, which equates to a reduction of 2,500 tonnes CO2e. Similarly, a 25% reduction in Scope 2 emissions is targeted by 2030, also representing 2,500 tonnes CO2e. Looking towards long-term goals, Merida Industry Co., Ltd. is committed to a 100% reduction in both Scope 1 and Scope 2 emissions by 2050, aiming for a reduction of 10,000 tonnes CO2e in each scope.
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Merida Industry Co., Ltd.’s Climate Goals (2030 & 2050)
4 goals2030
25% reduction in Scope 1
Based on Taiwan's Nationally Determined Contributions (NDC) target (with baseline year of 2022), a 25% reduction in emissions (2,500 tons) i…
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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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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