Public Profile

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.

27

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.

24

Industry Benchmark

Midea's score of 27 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Midea's reported carbon emissions

In 2023, Midea reported total carbon emissions of approximately 2,298,311,000 kg CO2e. This figure includes Scope 1 emissions of about 1,017,606,000 kg CO2e, primarily from direct operations, and Scope 2 emissions of approximately 1,280,705,000 kg CO2e, mainly from purchased electricity. Additionally, Midea's Scope 3 emissions, which encompass indirect emissions from the supply chain, reached about 4,960,000,000 kg CO2e, predominantly from purchased goods and services. Midea has set ambitious climate commitments, aiming to achieve peak carbon emissions by 2030 and carbon neutrality by 2060. These targets encompass all scopes of emissions, reflecting the company's long-term strategy to mitigate its environmental impact. The commitment to carbon neutrality aligns with global efforts to combat climate change and demonstrates Midea's dedication to sustainable practices in its operations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
136,721,000
000,000,000
0,000,000,000
Scope 2
1,576,045,000
0,000,000,000
0,000,000,000
Scope 3
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Midea's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Midea is in CN, which we do not have grid emissions data for.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers