Public Profile

Midea Real Estate Holding Ltd

Midea Real Estate Holding Ltd., a prominent player in the real estate sector, is headquartered in China (CN) and operates extensively across various regions, including major urban centres. Founded in 1999, the company has established itself as a leader in property development, focusing on residential, commercial, and mixed-use projects. Midea's core offerings include high-quality residential communities and innovative commercial spaces, distinguished by their commitment to sustainability and modern design. The company has achieved significant milestones, including numerous awards for excellence in construction and design, solidifying its market position. With a strong emphasis on customer satisfaction and community development, Midea Real Estate continues to shape the landscape of urban living in China and beyond.

DitchCarbon Score

How does Midea Real Estate Holding Ltd'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.

25

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.

15

Industry Benchmark

Midea Real Estate Holding Ltd's score of 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

Midea Real Estate Holding Ltd's reported carbon emissions

In 2023, Midea Real Estate Holding Ltd reported carbon emissions of approximately 2,929,740 kg CO2e, exclusively from Scope 2 emissions. This marks a continuation of their emissions reporting, with previous years showing a more comprehensive picture of their carbon footprint. In 2022, the company recorded total emissions of about 1,505,876,810 kg CO2e, with Scope 1 emissions at approximately 129,399,610 kg CO2e and Scope 2 emissions at about 4,563,080 kg CO2e. The year 2021 saw total emissions of around 9,039,280 kg CO2e, with Scope 1 at approximately 69,470 kg CO2e and Scope 2 at about 8,969,810 kg CO2e. In 2020, Midea's emissions totalled about 5,149,420 kg CO2e, with Scope 1 emissions of approximately 227,990 kg CO2e and Scope 2 emissions of about 4,921,430 kg CO2e. The 2019 figures were higher, with total emissions of about 5,974,920 kg CO2e, comprising approximately 442,280 kg CO2e from Scope 1 and about 5,532,640 kg CO2e from Scope 2. Despite these figures, Midea Real Estate has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry trends where companies are increasingly scrutinised for their climate impact and sustainability practices.

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Add to project
20192020202120222023
Scope 1
442,280
000,000
00,000
000,000,000
-
Scope 2
5,532,640
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. Midea Real Estate Holding Ltd's primary industry is Real estate services (70), 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. Midea Real Estate Holding Ltd is headquartered in CN, 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.

Midea Real Estate Holding Ltd 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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