Merino Industries
Merino Industries, a prominent player in the textile sector, is headquartered in India and has established a strong presence across various operational regions. Founded in 1976, the company has consistently evolved, marking significant milestones in the production of high-quality decorative laminates and other surface solutions. Specialising in a diverse range of products, Merino Industries is renowned for its innovative laminates, which combine aesthetic appeal with durability. Their commitment to sustainability and cutting-edge technology sets them apart in the competitive market. With a robust market position, Merino Industries has garnered recognition for its excellence in design and manufacturing, making it a trusted name in the industry.
DitchCarbon Score
How does Merino Industries'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
Merino Industries's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merino Industries's reported carbon emissions
In 2023, Merino Industries reported total carbon emissions of approximately 56,220,000 kg CO2e, with Scope 1 emissions at about 56,220 kg CO2e, Scope 2 emissions at around 25,000 kg CO2e, and significant Scope 3 emissions reaching approximately 18,000,000 kg CO2e. This reflects a slight increase from 2022, where total emissions were about 54,850,000 kg CO2e. Over the years, Merino Industries has demonstrated a commitment to reducing its carbon footprint. The company has set a long-term target to achieve net-zero emissions by 2050, as part of its commitment to the Science Based Targets initiative (SBTi). This commitment encompasses all scopes of emissions, indicating a comprehensive approach to climate action. In recent years, Merino has made notable progress in reducing its emissions, with total emissions decreasing from approximately 75,670,000 kg CO2e in 2020 to about 56,220,000 kg CO2e in 2023. This reduction highlights the company's ongoing efforts to enhance sustainability within the forestry and paper products sector. Merino Industries continues to align its operations with industry standards and climate commitments, focusing on sustainable practices to mitigate its environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 63,670 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 64,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 1,582,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Merino Industries 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.
