Midea Real Estate Holding
Midea Real Estate Holding, a prominent player in the real estate industry, is headquartered in China (CN) and operates extensively across various regions. Founded in 1999, the company has established itself as a leader in property development, focusing on residential, commercial, and mixed-use projects. Midea Real Estate is renowned for its commitment to quality and innovation, offering unique living spaces that cater to modern lifestyles. With a strong market position, Midea Real Estate has achieved significant milestones, including numerous awards for design excellence and sustainability. The company’s core services encompass property development, investment, and management, ensuring a comprehensive approach to real estate solutions. As a subsidiary of the Midea Group, it benefits from a robust backing, further enhancing its reputation in the competitive real estate landscape.
DitchCarbon Score
How does Midea Real Estate Holding'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 Real Estate 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
Midea Real Estate Holding's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Midea Real Estate Holding's reported carbon emissions
In 2023, Midea Real Estate Holding reported carbon emissions of approximately 2,929,740 kg CO2e, all of which fall under Scope 2 emissions. This marks a significant reduction from 2022, where emissions were about 4,563,080 kg CO2e. In 2021, the company recorded total emissions of approximately 8,939,280 kg CO2e, with Scope 1 emissions at about 69,470 kg CO2e and Scope 2 emissions at approximately 8,969,810 kg CO2e. The 2020 emissions were approximately 5,149,420 kg CO2e, comprising 227,990 kg CO2e from Scope 1 and 4,921,430 kg CO2e from Scope 2. Despite these reductions, Midea Real Estate Holding has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or any formal climate pledges. The company’s focus appears to be on managing and reducing its Scope 2 emissions, which are primarily associated with purchased electricity, steam, heating, and cooling. As the company continues to navigate its climate impact, further transparency regarding its long-term climate strategies and targets would be beneficial.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 227,990 | 00,000 | - | - |
| Scope 2 | 4,921,430 | 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.
Midea Real Estate Holding 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.
