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.
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.
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.
Gree Electric's score of 15 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gree Electric, headquartered in China (CN), reported total carbon emissions of approximately 726,654,000 kg CO2e for Scope 1 and about 587,784,000 kg CO2e for Scope 2. This represents a notable reduction from 2022, where emissions were approximately 709,422,000 kg CO2e for Scope 1 and about 740,658,000 kg CO2e for Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, achieving a significant decrease in total emissions from 2022 to 2023. However, Gree Electric has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. Overall, Gree Electric's emissions data reflects a proactive approach to climate commitments, with a focus on reducing Scope 1 and Scope 2 emissions, although further transparency regarding long-term reduction strategies would enhance their sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 836,414,000 | 000,000,000 | 000,000,000 |
Scope 2 | 830,758,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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.