Meridian Energy Limited

Meridian Energy Limited reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 30 June 2021 at 1.4 Kt (+0.2/+16% y-o-y). At the sime time, carbon intensity was down at 0.5 t (-0.6 /-54.5% y-o-y).

Meridian Energy Limited's Scope 3 emissions grew to 913 Kt (+57/+6.7% y-o-y). The growth rate declined vs. the previous periods (CAGR +12% since 2Q'19).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Meridian Energy Limited also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Meridian Energy commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2021 base y ear.Meridian Energy also commits to reduce absolute scope 3 GHG emissions 50% within the same timeframe.