Xiaomi Corporation, commonly known as Xiaomi, is a leading player in the radio, television, and communication equipment industry, headquartered in Beijing, China (CN). Founded in 2010, the company has rapidly evolved, becoming a global powerhouse in smart devices and consumer electronics, with significant operations across Asia, Europe, and beyond.
Xiaomi's core offerings include smartphones, smart home devices, and IoT products, distinguished by their innovative technology and competitive pricing. The company is renowned for its commitment to quality and user-centric design, which has garnered a loyal customer base. Notably, Xiaomi has achieved remarkable market penetration, consistently ranking among the top smartphone manufacturers worldwide. With a focus on expanding its ecosystem, Xiaomi continues to set benchmarks in the industry, driving advancements in communication technology.
-1 vs industry average
Xiaomi’s score of 34 is lower than 49% 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
Communication Equipment Manufacturing has below-average carbon intensity
Industry performance
The Communication Equipment Manufacturing industry has reduced its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Xiaomi's reported carbon emissions
Xiaomi Corporation (CN), operating in the radio, television and communication equipment and apparatus sector, reported a total of approximately 209.7 million kg CO2e for its Scope 1 and Scope 2 emissions in 2024. This figure comprises approximately 31.3 million kg CO2e for Scope 1 and approximately 178.4 million kg CO2e for Scope 2. In 2023, Xiaomi's total emissions across Scope 1, 2, and 3 were approximately 9.88 billion kg CO2e. This included Scope 1 emissions of approximately 12.3 million kg CO2e, Scope 2 emissions of approximately 104.5 million kg CO2e, and substantial Scope 3 emissions of approximately 9.77 billion kg CO2e. The company's emissions for 2022 stood at approximately 85.7 million kg CO2e for Scope 1 and 2 combined, with Scope 1 at approximately 7.1 million kg CO2e and Scope 2 at approximately 78.6 million kg CO2e. Scope 3 emissions in 2022 were approximately 10 billion kg CO2e. Looking further back, Xiaomi reported approximately 22.8 million kg CO2e for Scope 1 and 2 in 2021, with Scope 1 at approximately 9.1 million kg CO2e and Scope 2 at approximately 73.7 million kg CO2e. Scope 3 emissions in 2021 were approximately 12.4 billion kg CO2e. In 2020, Scope 1 and 2 emissions totalled approximately 66.5 million kg CO2e, with Scope 1 at approximately 8.4 million kg CO2e and Scope 2 at approximately 58.1 million kg CO2e. Xiaomi has established several climate commitments. The company aims to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade (2025). Furthermore, Xiaomi is committed to reducing GHG emissions from its existing business segments by 70% by no later than 2030, against a 2021 baseline. Long-term, the company aims to achieve carbon neutrality in its own operations for existing business segments by 2040, including the use of 100% clean heat and 100% renewable energy in its own operations. In addition to these absolute targets, Xiaomi is working to reduce GHG emissions per capita in its self-operated office parks by 4.5% by 2026, compared to 2020 levels. They also aim to reduce energy consumption per capita in self-operated office parks by 5% by 2026, against the 2020 level.
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Xiaomi’s Climate Goals (2030 & 2050)
9 goals2030
70% reduction in Scope 2
By no later than 2030, reduce GHG emissions from our existing business segments to 30% of the base year level.
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.
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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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Xiaomi
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