Meridian Energy

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.