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Meridian Energy, often referred to simply as Meridian, is a prominent New Zealand-based electricity company with its headquarters located in Aotearoa New Zealand. Established in 1998, it quickly grew to become one of the nation's largest electricity generators, focusing on sustainable energy solutions.
Specialising in renewable energy, Meridian operates a diverse portfolio of hydro and wind power stations across New Zealand. The company proudly generates 100% renewable electricity, serving a wide range of residential and business customers with clean, reliable power.
This dedication to green energy underscores Meridian Energy's market position as a leader in New Zealand's energy sector. They are committed to fostering a sustainable future through responsible electricity generation and innovative retail offerings.
+56 vs industry average
Meridian Energy’s score of 72 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Meridian Energy, based in NZ and operating in the Electricity nec industry, reported total carbon emissions of approximately 47.8 million kg CO2e in 2025. This includes about 714,000 kg CO2e from Scope 1 emissions, 1,000 kg CO2e from Scope 2 (market-based), and approximately 47.1 million kg CO2e from Scope 3 emissions. In the previous year, 2024, their total emissions were about 40.4 million kg CO2e.
Meridian Energy has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to reducing absolute Scope 1 and 2 GHG emissions by 50% by fiscal year 2030 from a fiscal year 2021 base year, aligning with a 1.5°C trajectory. They also aim to reduce absolute Scope 3 GHG emissions by 50% within the same timeframe. For the long term, Meridian Energy is committed to reaching net-zero greenhouse gas emissions across its value chain by fiscal year 2050. This includes reducing absolute Scope 1 and 2 GHG emissions by 90% by fiscal year 2040 from a fiscal year 2021 base year, and absolute Scope 3 GHG emissions by 90% by fiscal year 2050 from a fiscal year 2021 base year.
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2030
50% reduction in Scope 2
Meridian Energy commits to reduce absolute scope 2 GHG emissions 50% by FY2030 from a FY2021 base year.
2030
50% reduction in Scope 1
Meridian Energy commits to reduce absolute scope 1 GHG emissions 50% by FY2030 from a FY2021 base year.
2050
Meridian Energy commits to reach net-zero greenhouse gas emi…
Meridian Energy commits to reach net-zero greenhouse gas emissions across the value chain by FY2050.
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Meridian Energy’s sustainability data and climate commitments
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