Midea
Midea Group, commonly referred to as Midea, is a leading global player in the home appliances and HVAC (heating, ventilation, and air conditioning) industry. Headquartered in China, Midea operates extensively across Asia, Europe, and the Americas, providing innovative solutions to enhance everyday living. Founded in 1968, the company has achieved significant milestones, including its listing on the Shenzhen Stock Exchange in 2013. Midea's core product offerings encompass a wide range of home appliances, including refrigerators, washing machines, and air conditioners, distinguished by their energy efficiency and smart technology integration. With a strong commitment to research and development, Midea has positioned itself as a market leader, recognised for its quality and innovation. The company continues to expand its global footprint, solidifying its reputation as a trusted brand in the competitive appliance market.
DitchCarbon Score
How does Midea'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 Electricity from Other Sources 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
Midea's score of 20 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Midea's reported carbon emissions
In 2023, Midea reported total carbon emissions of approximately 2,298,311,000 kg CO2e. This figure includes 1,017,606,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 141,518,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Notably, Midea also disclosed significant Scope 3 emissions, amounting to 4,960,000,000 kg CO2e, primarily from purchased goods and services. Over the years, Midea has shown a trend in its emissions data, with total emissions increasing from 1,149,997,000 kg CO2e in 2019 to 2,298,311,000 kg CO2e in 2023. The company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in its climate commitments. Midea's emissions intensity, measured as emissions per unit of revenue, has varied, reflecting its operational changes and revenue fluctuations. The company has not disclosed any specific science-based targets or reduction initiatives, which are critical for aligning with global climate goals. Overall, while Midea has made strides in reporting its emissions, the absence of defined reduction targets suggests a need for enhanced climate action strategies to mitigate its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,149,997,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 49.4 | 00.0 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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.
Midea is not committed to any reduction initiatives 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.
