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Electricity from Other Sources
NZ
updated 10 days ago

Meridian Energy Sustainability Profile

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.

75

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.

22

Industry Benchmark

Meridian Energy's score of 75 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Meridian Energy's reported carbon emissions

In 2025, Meridian Energy reported total carbon emissions of approximately 50,883,000 kg CO2e, with Scope 1 emissions at about 714,000 kg CO2e, Scope 2 emissions at approximately 2,430,000 kg CO2e, and Scope 3 emissions reaching about 47,099,000 kg CO2e. This represents a significant increase from 2024, where total emissions were about 40,400,000 kg CO2e, with Scope 1 at approximately 1,061,000 kg CO2e, Scope 2 at about 2,000 kg CO2e, and Scope 3 at around 39,337,000 kg CO2e. Meridian Energy has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030 from a FY2021 baseline. Additionally, they have committed to a long-term target of achieving net-zero emissions across all scopes by 2050. Specifically, they aim for a 90% reduction in absolute Scope 1 and 2 emissions by FY2040 and a 90% reduction in Scope 3 emissions by FY2050. These targets have been approved by the Science Based Targets initiative (SBTi), aligning with a 1.5°C trajectory. Meridian Energy's commitment to sustainability is further underscored by their plans to ensure that 80% of their suppliers by emissions covering capital goods will have science-based targets by FY2029.

Unlock detailed emissions data

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

2012201320142015201620172018201920202021202220232024
Scope 1
1,102,000
000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
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
0,000,000
0,000,000
0,000,000
0,000,000
00,000
00,000
0,000
0,000
0,000
Scope 3
68,770,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Meridian Energy's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meridian Energy's primary industry is Electricity from Other Sources, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Meridian Energy's Location?

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.

Meridian Energy's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Meridian Energy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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Frequently Asked Questions

Common questions about Meridian Energy's sustainability data and climate commitments

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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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