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Midea Group Co., Ltd., commonly known as Midea, is a leading Chinese multinational corporation specialising in the electricity nec industry. Headquartered in Foshan, Guangdong Province, China, the company has established a significant presence across Asia, Europe, and the Americas through its extensive operational network. Founded in 1968, Midea has grown from a small household appliance manufacturer to a global leader in smart home solutions and electrical appliances.
Midea’s core offerings include air conditioning systems, refrigeration, washing machines, and kitchen appliances, distinguished by innovative technology and quality. The company’s commitment to research and development has enabled it to maintain a strong market position and achieve notable milestones in product diversification and international expansion. As a prominent player in the electricity nec sector, Midea continues to set industry standards through its focus on sustainable and intelligent solutions.
13
DitchCarbon score
-3 vs industry average
Midea’s score of 13 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Midea's reported carbon emissions
Midea, a Chinese Electricity nec company, reported total carbon emissions of approximately 7.26 billion kg CO2e in 2023. This includes Scope 1 emissions of around 1.02 billion kg CO2e, Scope 2 emissions of approximately 1.28 billion kg CO2e, and Scope 3 emissions of about 4.96 billion kg CO2e. In 2022, Midea's reported Scope 1 and Scope 2 emissions totalled about 1.51 billion kg CO2e, comprising approximately 129.4 million kg CO2e for Scope 1 and around 1.38 billion kg CO2e for Scope 2. In 2021, Midea's Scope 1 and Scope 2 emissions were approximately 1.71 billion kg CO2e, with Scope 1 at about 136.7 million kg CO2e and Scope 2 at around 1.58 billion kg CO2e.
Midea is committed to achieving carbon peak by 2030 and carbon neutrality by 2060 across all scopes. These climate commitments are publicly disclosed in their 2023 ESG Report.
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Midea’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Midea1 year ago
13
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