Meridian Energy Ltd.
Industry Group: Utilities
Country/Region: New Zealand
Identifier: NZE:MEL
Meridian Energy is one of New Zealand’s leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 58 out of 648
Universe
Global Universe 2516 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Meridian Energy Ltd. |
16.7
Low
|
58 out of 648 |
Sembcorp Industries Ltd. |
33.3
High
|
384 out of 648 |
Talen Energy Corp. |
46.4
Severe
|
575 out of 648 |
Zhejiang Zheneng Electric Power Co., Ltd. |
48.3
Severe
|
588 out of 648 |
Huadian Power International Corp. Ltd. |
53.3
Severe
|
620 out of 648 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Meridian Energy Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Meridian Energy Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Meridian Energy Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Meridian Energy Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level