Public Profile

Meridian Energy

Meridian Energy, a leading renewable energy company based in New Zealand, has established itself as a key player in the energy sector since its founding in 1998. Headquartered in Wellington, Meridian operates primarily in the South Island and is renowned for its commitment to sustainable energy solutions. Specialising in hydroelectric power generation, wind energy, and solar energy, Meridian Energy offers unique products that prioritise environmental responsibility while delivering reliable energy to its customers. The company has achieved significant milestones, including becoming the largest generator of renewable energy in New Zealand, which underscores its market position and dedication to sustainability. With a strong focus on innovation and community engagement, Meridian Energy continues to lead the way in the transition to a low-carbon future, making it a prominent name in the renewable energy industry.

DitchCarbon Score

How does Meridian Energy'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.

59

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

22

Industry Benchmark

Meridian Energy's score of 59 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Meridian Energy's reported carbon emissions

In 2023, Meridian Energy reported total carbon emissions of approximately 47,644,000 kg CO2e. This figure includes 1,192,000 kg CO2e from Scope 1 emissions, 32,156,000 kg CO2e from Scope 2 emissions, and 32,156,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. Meridian Energy has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030, using FY2021 as the baseline. Additionally, it aims to achieve a 50% reduction in absolute Scope 3 GHG emissions within the same timeframe. For long-term goals, the company targets a 90% reduction in absolute Scope 1 and 2 emissions by FY2040 and a 90% reduction in Scope 3 emissions by FY2050. These commitments align with industry standards and reflect Meridian Energy's dedication to addressing climate change and reducing its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201220132014201920202021202220232024
Scope 1
1,102,000
000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
0,000,000
0,000,000
Scope 2
3,641,000
0,000,000
0,000,000
0,000,000
00,000
00,000
0,000
0,000
0,000
Scope 3
44,092,000
0,000,000
00,000,000
00,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meridian Energy's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Meridian Energy is headquartered in NZ, which has a rank of very low, indicating very low grid carbon 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.

Meridian Energy is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers