Environmental, Social and Governance (ESG) Report

Overview

The report presents Midea Group's 2024 ESG performance across a reporting scope consistent with its consolidated financial statement scope, while noting that environmental data covers eight business units/divisions and Annto. It highlights a double materiality assessment and Board-level ESG governance. Reported 2024 GHG emissions total 198,451,201 Tons of CO2 equivalent across Scopes 1-3, alongside a 2030 reduction target. The report also records 198 ('000 People) employees and extensive green manufacturing, circularity, water, talent and supplier initiatives.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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