tiprankstipranks
Advertisement
Advertisement

Meridian Named Among World’s Most Sustainable Utilities

Story Highlights
  • Meridian Energy has been added to S&P’s Dow Jones Best-in-Class World Index, ranking in the top 10% of utilities globally.
  • The sustainability recognition strengthens Meridian’s credibility and underscores its long-term focus as energy markets confront climate and demand pressures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meridian Named Among World’s Most Sustainable Utilities

Claim 55% Off TipRanks

Meridian Energy Limited ( (NZ:MEL) ) has shared an update.

Meridian Energy has been recognised among the world’s most sustainable companies after being included in S&P Global’s Dow Jones Best‑in‑Class World Index, a benchmark of corporate sustainability performance. The company ranks in the top 10% of utilities globally and is the only New Zealand firm to gain this status, reflecting strong organisational resilience, governance and ESG transparency.

Meridian’s sustainability chief Claire Shaw said the independent assessment bolsters the company’s credibility at a time when investors and governments increasingly demand robust, long‑term focused energy providers. The recognition underscores Meridian’s claim that its scale and practices can materially influence outcomes for investors, customers, communities and the wider economy, as global energy markets face climate impacts and rising demand.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based electricity generator and retailer, listed on the NZX and ASX. The company operates in the utilities sector with a focus on renewable energy, positioning itself as a key player in providing low‑carbon power amid rising global concern over energy security and climate risk.

YTD Price Performance: 3.51%

Average Trading Volume: 1,435,900

Technical Sentiment Signal: Strong Buy

Current Market Cap: N$15.15B

For detailed information about MEL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1