Merit Medical
Merit Medical Systems, Inc., commonly referred to as Merit Medical, is a leading provider in the medical industry, specialising in precision and optical instruments. Headquartered in the United States, the company operates extensively across North America, Europe, and Asia, delivering innovative solutions to healthcare professionals. Founded in 1987, Merit Medical has achieved significant milestones, including the development of advanced catheter and access devices that enhance patient care.
The company’s core offerings include a wide range of medical devices, such as interventional cardiology and radiology products, which are distinguished by their quality and reliability. Merit Medical's commitment to innovation has solidified its position as a trusted partner in the medical field, recognised for its contributions to improving procedural outcomes and patient safety. With a strong market presence, Merit Medical continues to lead in the development of cutting-edge medical technologies.
-7 vs industry average
Merit Medical’s score of 20 is lower than 40% 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
Medical Device Manufacturing has typical carbon intensity
Industry performance
The Medical Device Manufacturing industry has reduced its overall emissions by 18% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Merit Medical's reported carbon emissions
Merit Medical, a US-based company in the medical, precision and optical instruments industry, reported approximately 18.4 million kg CO2e in total emissions for 2024. This comprised about 2.9 million kg CO2e of Scope 1 emissions and approximately 15.5 million kg CO2e of Scope 2 emissions. In 2023, Merit Medical's total emissions were around 17.7 million kg CO2e, with Scope 1 emissions at approximately 3.1 million kg CO2e and Scope 2 emissions at about 14.6 million kg CO2e. The company also reported 0 kg CO2e for Scope 3 emissions for that year, though specific categories within Scope 3 were noted as missing data points, particularly purchased goods and services. For 2022, total emissions were approximately 17.2 million kg CO2e, with Scope 1 at about 3.1 million kg CO2e and Scope 2 at roughly 17.8 million kg CO2e. In 2021, total emissions were approximately 18.2 million kg CO2e, consisting of about 3.4 million kg CO2e in Scope 1 and approximately 14.8 million kg CO2e in Scope 2. Historical data shows total emissions of about 20.4 million kg CO2e in 2020, with Scope 1 emissions at a substantial 3.02 billion kg CO2e (an anomaly that may require further clarification on reporting scope for this specific figure) and Scope 2 emissions at approximately 17.4 million kg CO2e. Merit Medical's sustainability reports indicate a focus on greenhouse gas emissions intensity per unit of revenue as a key performance indicator. The company has not publicly disclosed specific reduction targets aligned with initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge.
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Merit Medical’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Merit Medical yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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