Meridian Energy
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.
+58 vs industry average
Meridian Energy’s score of 72 is higher than 92% 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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Meridian Energy's reported carbon emissions
In 2025, Meridian Energy reported total carbon emissions of approximately 47.8 million kg CO2e, comprising 714,000 kg CO2e from Scope 1, 1,000 kg CO2e from Scope 2, and approximately 47.1 million kg CO2e from Scope 3 emissions. This reflects a significant increase from 2024, where total emissions were about 40.4 million kg CO2e, with Scope 1 emissions at 1,061,000 kg CO2e, Scope 2 at 2,000 kg CO2e, and Scope 3 at approximately 39.3 million 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. This includes a further reduction target of 90% for both 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 evident in their ongoing efforts to engage suppliers, with a goal that 80% of their suppliers by emissions covering capital goods will have science-based targets by FY2029.
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Meridian Energy’s Climate Goals (2030 & 2050)
2 goals2021
10% reduction in Scope 2
Meridian has developed a five-year emission reduction plan, which has an overall target of reducing corporate GHG emissions per full-time st…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Meridian Energy’s sustainability data and climate commitments
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