Midea Real Estate Holding
Midea Real Estate Holding Limited, often referred to as Midea Real Estate, is a prominent player in the real estate industry, headquartered in China (CN). Established in 1999, the company has rapidly expanded its operations across major regions, including Guangdong, Beijing, and Shanghai, solidifying its presence in the competitive property market. Specialising in residential and commercial property development, Midea Real Estate is known for its innovative designs and commitment to quality. The company has achieved significant milestones, including numerous awards for its sustainable building practices and customer-centric projects. With a strong market position, Midea Real Estate continues to set benchmarks in the industry, offering unique living spaces that blend modern aesthetics with functionality.
DitchCarbon Score
How does Midea Real Estate Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Midea Real Estate Holding's score of 15 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Midea Real Estate Holding's reported carbon emissions
In 2023, Midea Real Estate Holding reported carbon emissions of approximately 2,929,740 kg CO2e, exclusively from Scope 2 emissions. This marks a significant decrease from 2022, when emissions were about 4,563,080 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for the recent years. Looking back to 2021, Midea's total emissions, including both Scope 1 and Scope 2, were approximately 9,039,280 kg CO2e, with Scope 1 emissions contributing about 69,470 kg CO2e and Scope 2 emissions accounting for about 8,969,810 kg CO2e. In 2020, the total emissions were around 5,149,420 kg CO2e, with Scope 1 emissions at about 227,990 kg CO2e and Scope 2 at approximately 4,921,430 kg CO2e. Despite these reductions, Midea has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s focus appears to be on managing its Scope 2 emissions, which are linked to its energy consumption. Overall, Midea Real Estate Holding is making strides in reducing its carbon footprint, but further transparency and commitment to emissions reduction targets would enhance its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 442,280 | 000,000 | 00,000 | - | - |
| Scope 2 | 5,532,640 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Midea Real Estate Holding is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
