Meitu Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Meitu's score of 24 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meitu's reported carbon emissions
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 represents a significant 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, including 55,760 kg CO2e from Scope 1 and 1,165,730 kg CO2e from Scope 2. In 2020, the company emitted about 1,095,360 kg CO2e, with Scope 1 emissions at 49,790 kg CO2e and Scope 2 at 1,045,570 kg CO2e. Despite these figures, Meitu has not established specific reduction targets or initiatives, nor does it report any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. Overall, while Meitu's emissions have shown variability, the lack of defined reduction strategies highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 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 | - | - | - | - | - | - | - |
How Carbon Intensive is Meitu's Industry?
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Meitu's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Meitu has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
