Meitu
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 higher than 62% 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 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 emissions at 88,770 kg CO2e and Scope 2 emissions 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 emissions at about 1,095,360 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the lack of specific reduction targets or initiatives outlined in their climate commitments, Meitu's emissions intensity has shown a gradual decrease, with the intensity of total GHG emissions (Scopes 1 and 2) reported at 40.0 in 2023, down from 60.0 in 2021. This suggests a focus on improving operational efficiency and reducing emissions relative to revenue. As Meitu is headquartered in Hong Kong, its climate commitments and emissions management will be crucial in aligning with global sustainability goals and responding to increasing regulatory pressures on carbon emissions.
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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 | - | - | - | - | - | - | - |
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.
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.
