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updated a month ago

Meitu

Company website

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.

24

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.

23

Industry Benchmark

Meitu's score of 24 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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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 marks an increase from 2022, when the company emitted about 1,140,180 kg CO2e, with 88,770 kg CO2e from Scope 1 and 1,051,400 kg CO2e from Scope 2. Over the past few years, Meitu's emissions have fluctuated, with 2021 emissions at approximately 1,221,490 kg CO2e, including 55,760 kg CO2e from Scope 1 and 1,165,730 kg CO2e from Scope 2. Meitu has not disclosed any specific reduction targets or initiatives, nor does it have any commitments under the Science Based Targets initiative (SBTi). The company has not reported Scope 3 emissions, which typically encompass indirect emissions in the value chain. Overall, while Meitu's emissions data reflects a significant carbon footprint, the absence of reduction targets indicates a potential area for improvement in their climate strategy.

Unlock detailed emissions data

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

2017201820192020202120222023
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
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meitu's primary industry is Other services (93), which is very low 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. This request for Meitu is in HK, 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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

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