Meridian Energy Ltd 2024 IR
The report highlights Meridian Energy's progress in its climate-focused strategy during the fiscal year ended June 30, 2024. The company completed the 176MW Harapaki Wind Farm and advanced construction on the 100MW Ruakākā Battery Energy Storage System. Additionally, Meridian secured a groundbreaking 20-year contract package with New Zealand's Aluminium Smelter, providing long-term system flexibility and dry-year cover. Financially, the company reported a significant increase in net profit after tax to $429 million, driven by higher customer sales and positive wholesale trading. Meridian also established long-term emission reduction targets to reduce Scope 1, 2, and 3 emissions by 90%.
Company: Meridian Energy Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2024
Type: IR
Pages: 180
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Meridian Energy Ltd
Integrated Report
The report highlights Meridian Energy's progress in its climate-focused strategy during the fiscal year ended June 30, 2024. The company completed the 176MW Harapaki Wind Farm and advanced construction on the 100MW Ruakākā Battery Energy Storage System. Additionally, Meridian secured a groundbreaking 20-year contract package with New Zealand's Aluminium Smelter, providing long-term system flexibility and dry-year cover. Financially, the company reported a significant increase in net profit after tax to $429 million, driven by higher customer sales and positive wholesale trading. Meridian also established long-term emission reduction targets to reduce Scope 1, 2, and 3 emissions by 90%.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees