Meitu, Inc., a leading technology company headquartered in Hong Kong, has established itself as a prominent player in the mobile internet and artificial intelligence sectors since its founding in 2008. Renowned for its innovative photo and video editing applications, Meitu's core products, including MeituPic and BeautyPlus, offer unique features that enhance user creativity and engagement. With a strong presence in Asia and expanding operations globally, Meitu has achieved significant milestones, such as its successful IPO in 2016. The company is recognised for its commitment to integrating advanced AI technology into its services, setting it apart in the competitive landscape of digital media. As a pioneer in beauty and social networking applications, Meitu continues to solidify its market position through continuous innovation and user-centric design.
How does Meitu'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 Other Services 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.
Meitu's score of 24 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Meitu, headquartered in Hong Kong, reported total carbon emissions of approximately 2,026,420 kg CO2e, comprising 114,830 kg CO2e from Scope 1 and 1,911,590 kg CO2e from Scope 2 emissions. This marks an increase from 2022, where total emissions were about 1,140,180 kg CO2e, with Scope 1 at 88,770 kg CO2e and Scope 2 at 1,051,400 kg CO2e. Over the past few years, Meitu's emissions have fluctuated, with 2021 emissions recorded at approximately 1,221,490 kg CO2e, and 2020 at about 1,095,360 kg CO2e. Meitu has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions. The absence of reduction targets suggests a need for further development in their climate strategy. Overall, while Meitu has made strides in reporting its emissions, the lack of reduction initiatives and targets indicates an opportunity for improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 261,470 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 |
Scope 2 | 1,219,920 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Meitu 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.