Meridian Energy LtdMeridian Energy Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

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Meridian Energy Ltd in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 8.1; made up of an environmental score of 8.0, social score of 6.2 and governance score of 8.0.

SDG Transparency Score for Meridian Energy Ltd 
Low
0 - 3
Medium
4 - 6

8.1

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Meridian Energy Ltd 
8.0

Environmental

6.2

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Algonquin Power & Utilities Corp
9.1
High
2Alliant Energy Corp
9.0
High
16Vistra Corp
8.2
High
16Xcel Energy Inc
8.2
High
28Meridian Energy Ltd
8.1
High
28DTE Energy Co
8.1
High
28Capital Power Corp
8.1
High
.........
763Yorkshire Electricity Group PLC
0.0
Low
763Zakarpattiaoblenerho PrAT
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Meridian Energy Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Meridian Energy Ltd disclose current and historical energy intensity?

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Does Meridian Energy Ltd report the average age of the workforce?

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Does Meridian Energy Ltd reference operational or capital allocation in relation to climate change?

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Does Meridian Energy Ltd disclose its ethnicity pay gap?

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Does Meridian Energy Ltd disclose cybersecurity risks?

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Does Meridian Energy Ltd offer flexible work?

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Does Meridian Energy Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Meridian Energy Ltd disclose the number of employees in R&D functions?

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Does Meridian Energy Ltd conduct supply chain audits?

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Does Meridian Energy Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Meridian Energy Ltd conduct 360 degree staff reviews?

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Does Meridian Energy Ltd disclose the individual responsible for D&I?

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Does Meridian Energy Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Meridian Energy Ltd disclose current and / or historical scope 2 emissions?

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Does Meridian Energy Ltd disclose water use targets?

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Does Meridian Energy Ltd have careers partnerships with academic institutions?

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Did Meridian Energy Ltd have a product recall in the last two years?

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Does Meridian Energy Ltd disclose incidents of discrimination?

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Does Meridian Energy Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Meridian Energy Ltd issued a profit warning in the past 24 months?

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Does Meridian Energy Ltd disclose parental leave metrics?

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Does Meridian Energy Ltd disclose climate scenario or pathway analysis?

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Does Meridian Energy Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Meridian Energy Ltd disclose the pay ratio of women to men?

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Does Meridian Energy Ltd support suppliers with sustainability related research and development?

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Does Meridian Energy Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Meridian Energy Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Meridian Energy Ltd involved in embryonic stem cell research?

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Does Meridian Energy Ltd disclose GHG and Air Emissions intensity?

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Does Meridian Energy Ltd disclose its waste policy?

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Does Meridian Energy Ltd report according to TCFD requirements?

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Does Meridian Energy Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Meridian Energy Ltd disclose energy use targets?

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Does Meridian Energy Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Meridian Energy Ltd have a policy relating to cyber security?

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Potential Risks for Meridian Energy Ltd
These potential risks are based on the size, segment and geographies of the company.

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. As of June 30, 2022, it generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

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