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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 40% 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., a Taiwanese company specialising in the sale, maintenance, and repair of motor vehicles, parts, motorcycles, and accessories, reported Scope 3 emissions of approximately 13,750,522.5 kg CO2e in 2024. This includes 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 were approximately 13,582,736.1 kg CO2e, comprising 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 9,978,478.5 kg CO2e. This included Scope 1 emissions of 1,499,101.6 kg CO2e, Scope 2 emissions of 6,586,185.6 kg CO2e, and Scope 3 emissions of 1,893,191.3 kg CO2e. In 2021, total emissions were 8,402,154.8 kg CO2e, with Scope 1 emissions at 1,937,854.8 kg CO2e and Scope 2 emissions at 6,464,300 kg CO2e. For 2020, total emissions were 7,462,221.1 kg CO2e, with Scope 1 emissions of 1,782,392.3 kg CO2e and Scope 2 emissions of 5,679,828.8 kg CO2e.
Merida Industry Co., Ltd. has established climate commitments based on Taiwan's Nationally Determined Contributions (NDC) targets, using 2022 as the baseline year. The company aims for a 25% reduction in Scope 1 emissions by 2030 and a 100% reduction in Scope 1 emissions by 2050. Similarly, they target a 25% reduction in Scope 2 emissions by 2030 and a 100% reduction in Scope 2 emissions 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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