Mindray, officially known as Shenzhen Mindray Bio-Medical Electronics Co., Ltd., is a leading Chinese company specialising in medical, precision, and optical instruments, including watches and clocks. Headquartered in Shenzhen, China, the firm has established a significant presence across Asia, North America, and Europe, serving a global healthcare market. Founded in 1991, Mindray has grown to become a prominent player in medical imaging, patient monitoring, and laboratory diagnostics, recognised for its innovative technology and reliable products.
The company's core offerings include advanced medical devices such as ultrasound systems, patient monitors, and in-vitro diagnostic instruments, distinguished by their high quality and affordability. With a strong market position, Mindray continues to expand its footprint through technological innovation and strategic partnerships, maintaining its reputation as a trusted provider in the medical equipment industry.
-2 vs industry average
Mindray’s score of 27 is lower than 47% 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
Medical Device Manufacturing is among the most carbon-intensive industries
Industry performance
The Medical Device Manufacturing industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mindray's reported carbon emissions
Mindray, a global leader in the medical, precision, and optical instruments industry, headquartered in China, is committed to reducing its environmental impact.
For the reporting year 2024, Mindray reported a total of approximately 106.3 million kg CO2e across Scopes 1, 2, and 3. This figure includes Scope 1 emissions of about 5.3 million kg CO2e, Scope 2 emissions of approximately 68.6 million kg CO2e, and Scope 3 emissions totalling around 94.2 million kg CO2e.
In the previous reporting year, 2023, the company's Scope 1 and 2 emissions amounted to approximately 75.2 million kg CO2e. Scope 1 emissions were around 7.2 million kg CO2e, with Scope 2 emissions totalling about 68.0 million kg CO2e. Scope 3 data was not disclosed for 2023.
Mindray has set ambitious climate targets, committing to a GHG emission reduction target for Scopes 1 and 2. Specifically, they aim to reduce GHG intensity by 25.0% by 2030, using 2021 as the baseline year. The company also reports GHG emissions intensity data per unit of revenue, with figures such as 2.13e-06 kg CO2e per RMB for 2024.
The emissions data for Mindray is inherited from its parent organisation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., indicating a cascaded reporting structure.
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Mindray’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Mindray
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