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.
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
Gree Electric's score of 17 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gree Electric's reported carbon emissions
In 2023, Gree Electric, headquartered in China (CN), reported total carbon emissions of approximately 726,654,000 kg CO2e from Scope 1 and 587,784,000 kg CO2e from Scope 2. This reflects a significant reduction in emissions compared to 2022, where emissions were about 709,422,000 kg CO2e for Scope 1 and 740,658,000 kg CO2e for Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in total emissions from 2021, which were approximately 836,414,000 kg CO2e for Scope 1 and 830,758,000 kg CO2e for Scope 2. Despite these reductions, Gree Electric has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company continues to focus on improving its emission intensity, which has decreased over the years, indicating a commitment to enhancing operational efficiency and sustainability.
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| 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 | - | - | - |
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.
Gree Electric 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.
