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 28 is lower than 42% 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 38% since 2018
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 and their parts, reported a total of approximately 9,978,478.5 kg CO2e in 2022. This figure encompasses Scope 1 emissions totalling about 1,499,101.6 kg CO2e and Scope 2 emissions amounting to approximately 6,586,185.6 kg CO2e. The company also reported Scope 3 emissions for 2023 and 2024, with Scope 3 emissions for 2023 being approximately 13,582,736.1 kg CO2e, broken down into capital goods (about 12,827,400.899999999 kg CO2e) and purchased goods and services (about 755,335.2000000001 kg CO2e). For 2024, Scope 3 emissions were approximately 13,745,522.5 kg CO2e, with capital goods contributing about 13,341,387 kg CO2e and purchased goods and services about 409,135.5 kg CO2e.
Merida Industry Co., Ltd. has set climate targets aligned with Taiwan's Nationally Determined Contributions (NDC). For Scope 1 emissions, the company aims for a 25% reduction by 2030, with a baseline year of 2022. This translates to a reduction of approximately 2,500 tonnes CO2e. Furthermore, Merida Industry Co., Ltd. has a long-term goal of achieving a 100% reduction in Scope 1 emissions by 2050, targeting a reduction of about 10,000 tonnes CO2e. Similar targets are in place for Scope 2 emissions, with a near-term goal of a 25% reduction by 2030 (approximately 2,500 tonnes CO2e) and a long-term goal of a 100% reduction by 2050 (approximately 10,000 tonnes CO2e). The company has indicated that it is on track for its two-year Scope 1 reduction target.
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Merida Industry Co., Ltd.’s Climate Goals (2030 & 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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Scope 3 top emissions categories
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Emissions comparison with industry peers
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