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Public Profile
Electricity from Other Sources
NZ
updated 11 days ago

Meridian Energy

Company website

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.

66

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.

24

Industry Benchmark

Meridian Energy's score of 66 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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Meridian Energy's reported carbon emissions

In 2024, Meridian Energy reported total carbon emissions of approximately 39,221,000 kg CO2e. This includes 1,060,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (697,000 kg CO2e) and fugitive emissions (340,000 kg CO2e). Scope 2 emissions accounted for about 1,313,000 kg CO2e, while Scope 3 emissions were significantly higher at approximately 36,848,000 kg CO2e. Meridian Energy has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030, using FY2021 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with a 1.5°C trajectory. Additionally, the company has committed to achieving net-zero emissions across all scopes by 2050, with long-term targets to reduce Scope 1 and 2 emissions by 90% by FY2040 and Scope 3 emissions by 90% by FY2050. These commitments reflect Meridian Energy's proactive approach to addressing climate change and reducing its carbon footprint, positioning the company as a leader in the electric utilities sector in New Zealand.

Unlock detailed emissions data

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

201220132016201720192021202220232024
Scope 1
1,102,000
000,000
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
0,000
0,000
0,000
Scope 3
68,770,000
00,000,000
0,000,000
0,000,000
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. This request for Meridian Energy is in NZ, which has a very low grid carbon intensity relative to other regions.

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 participating in some 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.

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

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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

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