Public Profile

Gree Electric

Gree Electric Appliances Inc., commonly known as Gree, is a leading player in the global HVAC (heating, ventilation, and air conditioning) industry. Headquartered in Zhuhai, Guangdong, China, Gree has established a significant presence across various regions, including Asia, Europe, and North America. Founded in 1991, the company has achieved remarkable milestones, becoming one of the largest manufacturers of air conditioning units worldwide. Gree is renowned for its innovative core products, including residential and commercial air conditioners, heat pumps, and smart home solutions. What sets Gree apart is its commitment to energy efficiency and advanced technology, ensuring optimal performance and sustainability. With a strong market position, Gree has garnered numerous accolades for its quality and reliability, solidifying its reputation as a trusted brand in the HVAC sector.

DitchCarbon Score

How does Gree Electric'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.

15

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.

20

Industry Benchmark

Gree Electric's score of 15 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

35%

Gree Electric's reported carbon emissions

In 2023, Gree Electric, headquartered in CN, reported total carbon emissions of approximately 726,654,000 kg CO2e for Scope 1 and 587,784,000 kg CO2e for Scope 2. This reflects a continued commitment to reducing their carbon footprint, with emissions decreasing from about 709,422,000 kg CO2e in Scope 1 and 740,658,000 kg CO2e in Scope 2 in 2022. The company has demonstrated a significant reduction in emissions intensity, achieving approximately 0.044 kg CO2e per unit of revenue in 2023, down from 0.048 kg CO2e in 2022. Despite these reductions, Gree Electric has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Overall, Gree Electric's emissions data indicates a proactive approach to climate commitments, focusing on reducing Scope 1 and Scope 2 emissions while striving for greater sustainability in their operations.

Unlock detailed emissions data

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

Get Started
202120222023
Scope 1
836,414,000
000,000,000
000,000,000
Scope 2
830,758,000
000,000,000
000,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gree Electric'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. Gree Electric is headquartered 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.

Gree Electric 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Raytheon Technologies

US
Machinery and equipment n.e.c. (29)
Updated 3 days ago

Honeywell

US
Electrical machinery and apparatus n.e.c. (31)
Updated 3 days ago

Viomi Technology Co., Ltd

CN
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 2 days ago

Carrier

US
Electrical machinery and apparatus n.e.c. (31)
Updated 1 day ago

Midea

CN
Electricity nec
Updated 1 day ago

Sharp

JP
Electrical machinery and apparatus n.e.c. (31)
Updated about 5 hours ago

Where does DitchCarbon data come from?

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