Midea
Midea Group, commonly referred to as Midea, is a leading global player in the home appliances and HVAC (heating, ventilation, and air conditioning) industry. Headquartered in China, Midea operates extensively across Asia, Europe, and the Americas, providing innovative solutions to enhance everyday living. Founded in 1968, the company has achieved significant milestones, including its listing on the Shenzhen Stock Exchange in 2013. Midea's core product offerings encompass a wide range of home appliances, including refrigerators, washing machines, and air conditioners, distinguished by their energy efficiency and smart technology integration. With a strong commitment to research and development, Midea has positioned itself as a market leader, recognised for its quality and innovation. The company continues to expand its global footprint, solidifying its reputation as a trusted brand in the competitive appliance market.
DitchCarbon Score
How does Midea'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 Electricity from Other Sources 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's score of 20 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Midea's reported carbon emissions
In 2023, Midea reported total carbon emissions of approximately 2,298,311,000 kg CO2e, with Scope 1 emissions accounting for about 1,017,606,000 kg CO2e and Scope 2 emissions at approximately 141,518,000 kg CO2e. Notably, the company also disclosed Scope 3 emissions, which totalled around 4,960,000,000 kg CO2e, primarily from purchased goods and services. Over the years, Midea has shown a trend in its emissions data. In 2022, the total emissions were about 1,505,877,000 kg CO2e, with Scope 1 and 2 emissions combined at approximately 1,505,877,000 kg CO2e. In 2021, the total was around 1,712,766,000 kg CO2e, indicating a significant increase in emissions in 2023 compared to previous years. Despite the lack of specific reduction targets or climate pledges, Midea has been actively monitoring its emissions, as evidenced by its detailed reporting across multiple scopes. The company aims to improve its emission intensity, which was reported at approximately 6.1 kg CO2e per RMB 10,000 of output value in 2023. Midea's commitment to addressing climate change is reflected in its ongoing efforts to track and report emissions, although specific reduction initiatives or targets have not been disclosed.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,149,997,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 49.4 | 00.0 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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 is not committed to any reduction initiatives 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.
