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  7. Midea Group
Company logo

Midea Group | Sustainability Performance

https://www.midea.com.cn/en

Produces home appliances, HVAC systems, and related products.

1968

China

10,001+ employees

Electrical & Electronic Manufacturing

$10B+ in revenue

$1B - 10B in profitability

Submit or report inaccurate dataDownload Company Insights

Sustainability Ranking & Industry Benchmark

#12180
Overall
#853
in China
#417
in Electrical & Electronic Manufacturing

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

Access
​​0123456789​​%

Industry Rank

381 out of 449

Overview
Environmental
Carbon emissionsEnergy consumptionWaste ManagementWater ManagementAir & land impactNature and biodiversity
Social
Diversity and InclusionPay GapsHealth and SafetyExternalities
Governance
TargetsSDG ImpactESG scores and Exclusions
Financial Data
Business performanceCapital & innovationAnalyst projections

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CO2 scope 1 + 2

2.1M CO2e tonnes, 2025
Laggard

Renewable energy

13% 2025
Laggard

Waste generated

738.5K tonnes, 2024
Critical

Female employees

29% 2025
Laggard

Externalities

142.2M $, 2024
Laggard

Market cap

586.4B $, 2026▼3.9% YoY

Revenue

409.1B $, 2024▼8.7% YoY

R&D intensity

3.97% 2024

Carbon emissions

Reveal data for 1 credit

Industry rank: 94 out of 449


Total CO2 emissions
(CO2e tonnes)

Industry rank: 94 out of 449

Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
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Renewable energy

Reveal data for 1 credit
13%2025

Industry rank: 102 out of 449


Total energy consumption
and % renewables
(MWh, % of consumption)

Industry rank: 102 out of 449

Total energy

Share of renewable energy

Industry benchmark

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Intensity


Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Water consumption intensity (m³ /$M)
Waste generation intensity (tonnes /$M)
Industry Benchmark

32.0

B/M 26.8

55.2

B/M 46.5

314.6

B/M 125.8

11.3

B/M 2.0


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Female employees

Reveal data for 1 credit

Share of female employees (%)

Share of female board members

25
50
75
100
Company
Benchmark
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Waste

Reveal data for 1 credit
738.5K2024

Total waste generated (tonnes)

Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark

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Controversy level


Very Low
Low
Noticeable
High
Severe
Download Controversy Analysis
  • Midea Group Co Ltd, Chinese major home appliances, has faced sustained scrutiny over the contested 2016 EUR 4.5 billion KUKA AG German robotics acquisition that drew sustained German federal government scrutiny and BaFin/Bafa enforcement over alleged inadequate disclosure of CFIUSstyle technology transfer concerns, plus the contested 2024 sustained share price volatility amid German Industry 4.0 customer concentration affecting institutional shareholders.
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Carbon emissions breakdown

Reveal data for 2 credits

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Energy consumption breakdown

Reveal data for 2 credits

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Biodiversity loss in km²

Reveal data for 2 credits

Biodiversity loss in terms of the equivalent land affected (km²e)

Total biodiversity loss (km²e)
Industry benchmark
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Biodiversity loss in CO2e

Reveal data for 2 credits

Total biodiversity loss as CO2e tonnes

Total biodiversity loss (CO2e tonnes)
Industry benchmark

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Potential species loss

Reveal data for 2 credits

Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)

One row per year, with the latest at the top. Each driver uses its own scale.

Low ImpactHigh Impact
Industry benchmark
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Biodiversity impact

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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PDF: Potentially Disappeared Fraction (of species) due to corporate activities

Waste management

Reveal data for 2 credits

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Water management

Reveal data for 2 credits

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Air pollution

Reveal data for 2 credits

KPIMetricYear
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Land use

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Diversity & inclusion

Reveal data for 3 credits

KPIMetricYear
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Pay gap breakdown

Reveal data for 1 credit

KPIMetricYear
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Health & safety

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Externalities

Reveal data for 1 credit

KPIMetricYear
20202021202220232024Benchmark
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Market cap

586.4B $, 2026▼3.9% YoY

Revenue

409.1B $, FY2024▼8.7% YoY

EBITDA

40.4B $, FY2024▼9.1% YoY

Operating margin

10% Industry: 3▼0% YoY

P/E ratio

13.9 Industry: 28▼20.1% YoY

Revenue & EBITDA

$409.1BFY2024 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
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Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

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Free cashflow

52.7B 2024▼2.1% YoY

Capex

7.8B 2024▼19.4% YoY

Debt/equity ratio

0.4 Industry: 0▼NaN% YoY

R&D intensity

4.0%FY2024

R&D as % of revenue

Return on invested capital (ROIC)
Industry benchmark

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Return on invested capital

13.0%FY2026

Return on invested capital (ROIC)
Industry benchmark

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Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

345.7

▼ 3.8%

2022

373.7

▼ 1.4%

2023

409.1

▼ 0.8%

2024

628.4

2030

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Environmental policy coverage

Carbon reduction policy

Available

Human rights policy

Available

Recycling policy

Not available

Workplace health & safety policy

Available

21%
Independent Directors

4 out of 19 incl. management

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Overall score

83

Environment

83

Social

78

Governance

88

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

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SDG impact

Reveal data for 5 credits
2024

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SDG impact (historical)

Reveal data for 5 credits

KPIMetricYear
20192020202120222023Benchmark
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Reporting

sustainability report symbol

Sustainability Report

Available

image report
Available

Sustainability employees


Total sustainability employees

11+



    Available in
    Scale package

    Access
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