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, watches and clocks industry, reported total greenhouse gas emissions of approximately 18.36 million kg CO2e for the year 2024. This figure encompasses Scope 1 and Scope 2 emissions.
In 2023, Merit Medical's total emissions stood at approximately 17.66 million kg CO2e, comprising 3.07 million kg CO2e from Scope 1 and 14.58 million kg CO2e from Scope 2. Prior to this, in 2022, total emissions were approximately 17.24 million kg CO2e, with Scope 1 emissions around 3.10 million kg CO2e and Scope 2 emissions at approximately 17.80 million kg CO2e.
For 2021, the company reported total emissions of approximately 18.20 million kg CO2e, consisting of 3.42 million kg CO2e from Scope 1 and 14.79 million kg CO2e from Scope 2. In 2020, total emissions were approximately 20.37 million kg CO2e, with Scope 1 emissions at a substantial 3.02 billion kg CO2e and Scope 2 emissions at approximately 17.35 million kg CO2e.
Merit Medical has disclosed Scope 1 and Scope 2 emissions data across these reporting years, but has indicated that Scope 3 emissions data, specifically for purchased goods and services, is missing. The company has not detailed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge in the provided information.
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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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