Mercury NZ Ltd 2022 AR2
The report highlights Mercury's transformative fiscal year 2022, during which it became New Zealand's largest wind generator and biggest electricity retailer by customer market share through key acquisitions of Tilt Renewables' New Zealand operations and Trustpower's retail business. The company reported a record EBITDAF of $581 million, up 25% from the prior year, despite dry hydrological conditions. Mercury also progressed its decarbonisation efforts, trialling carbon reinjection at the Ngā Tamariki geothermal station and continuing construction on the Turitea wind farm. Additionally, the company successfully implemented its customer care initiatives and launched a new Diversity and Inclusion strategy.
Company: Mercury NZ Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2022
Type: AR2
Pages: 124
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Mercury NZ Ltd
Annual Report
The report highlights Mercury's transformative fiscal year 2022, during which it became New Zealand's largest wind generator and biggest electricity retailer by customer market share through key acquisitions of Tilt Renewables' New Zealand operations and Trustpower's retail business. The company reported a record EBITDAF of $581 million, up 25% from the prior year, despite dry hydrological conditions. Mercury also progressed its decarbonisation efforts, trialling carbon reinjection at the Ngā Tamariki geothermal station and continuing construction on the Turitea wind farm. Additionally, the company successfully implemented its customer care initiatives and launched a new Diversity and Inclusion strategy.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Aug 16, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Women in Management
Employees