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 12 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Merino Industries's reported carbon emissions
In 2023, Merino Industries reported total carbon emissions of approximately 56,220,000 kg CO2e, with emissions distributed across various scopes: 56,220 kg CO2e from Scope 1, 25,000 kg CO2e from Scope 2, and 661,000 kg CO2e from Scope 3. This represents 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. From 2019 to 2023, the company has made significant strides in lowering its emissions, achieving a reduction from 63,670,000 kg CO2e in 2019 to the latest figure. Notably, 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. Merino Industries operates within the Forest and Paper Products sector, which is increasingly under pressure to adopt sustainable practices. The company's ongoing efforts to reduce emissions align with industry standards and reflect a proactive stance towards climate change mitigation.
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Add to project| 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 | 0,000,000 | 000,000 | 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.
