Midea Group Co Ltd 2022 SR
The report highlights Midea Group's 2022 sustainability efforts, centered on its 'green strategy' to achieve carbon peaking by 2030 and neutrality by 2060. Key achievements include the establishment of an ESG Committee, the issuance of USD 450 million in green bonds, and the operation of 14 national green plants. Midea successfully recycled over one million used home appliances and invested RMB 12.6 billion in R&D to drive innovation in eco-efficient products. Socially, the company provided significant support through legal aid and assistance funds for employees, while maintaining an 'AA' ESG rating from the China Securities Index. The report also details the company's robust compliance management and commitment to a sustainable supply chain.
Company: Midea Group Co Ltd
Sector: Manufacturing
Country: China
Year: 2022
Type: SR
Pages: 45
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Midea Group Co Ltd
ESG Report
The report highlights Midea Group's 2022 sustainability efforts, centered on its 'green strategy' to achieve carbon peaking by 2030 and neutrality by 2060. Key achievements include the establishment of an ESG Committee, the issuance of USD 450 million in green bonds, and the operation of 14 national green plants. Midea successfully recycled over one million used home appliances and invested RMB 12.6 billion in R&D to drive innovation in eco-efficient products. Socially, the company provided significant support through legal aid and assistance funds for employees, while maintaining an 'AA' ESG rating from the China Securities Index. The report also details the company's robust compliance management and commitment to a sustainable supply chain.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Net Zero Target
Employees