2024 MIDEA GROUP ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT
Extracted ESG KPIs
KPIs are organized by ESG aspects.
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2024 | 2025 | 2030 | 2050 | Report Pages |
|---|---|---|---|---|---|---|
| Reduced CO2 emissions by replacing electroplated/electrophoretic steel tubes with aluminum-plated tubes (Midea Microwave and Cleaning Appliances Division) | kg per ton of material | 100 | 70 | |||
| Scope 1 and scope 2 GHG emissions during the operational phase of Midea Group and its subsidiaries (mature industrial factories) | % | -4.5 | -30 | -80 | 16 | |
| Scope 3: GHG emissions during the production phase (upstream value chain) of purchased bulk materials such as steel, copper, aluminum, and plastics, regarding comparable materials | % | -3 | -20 | -60 | 16 | |
| Scope 3: GHG emissions during the use phase (downstream value chain) of sold products, regarding comparable products | % | -3 | -20 | -60 | 16 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2024 | Report Pages |
|---|---|---|---|
| CO2 emissions reduced by newly installed PV (Shunde factory, 2024 project) | t | 14000 | 20 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2022 | 2023 | 2024 | Report Pages |
|---|---|---|---|---|---|
| Green electricity Purchased | 10 MWh | 744 | 5000 | 20 | |
| Installed PV Capacity | MWh | 275 | 280 | 379 | 20 |
| Newly installed PV (Shunde factory, 2024 project) | MW | 2.4 | 20 | ||
| PV power generation | 100 GWh | 2.15 | 2.2 | 3.11 | 20 |
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2024 | 2025 | 2030 | 2050 |
|---|---|---|---|---|---|
| Scope 1 GHG Emissions Intensity (By Product Weight) | kg per ton of material | 100 | |||
| Scope 3 GHG Emissions (Purchased Goods/Services) | % | -3 | -20 | -60 | |
| Scope 3 GHG Emissions (Use of Sold Products) | % | -3 | -20 | -60 | |
| Total GHG Emissions | % | -4.5 | -30 | -80 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit |
|---|---|
| Total Non-Hazardous Waste Intensity (By Unit Product) | g |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2024 |
|---|---|---|
| CO2 Emissions Reduction Compared to Last Year | t | 14000 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Purchased Electricity | MWh | 7440 | 50000 | |
| Solar Energy | MWh | 215000 | 220000 | 311000 |