Midea Group Co Ltd - ESG Rating & Company Profile powered by AI
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Midea Group Co Ltd in the Household Durables industry gained a UN SDG ESG Transparency Score of 3.4; made up of an environmental score of 6.0, social score of 3.0 and governance score of 1.3.
3.4
Low ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Bigben Interactive SA | 8.0 | High |
| 1 | Borosil Ltd | 8.0 | High |
| ... | ... | ... | |
| 275 | Twinbird Corp | 3.5 | Medium |
| 275 | Xiamen Intretech Inc | 3.5 | Medium |
| 279 | Midea Group Co Ltd | 3.4 | Medium |
| 279 | Installed Building Products Inc | 3.4 | Medium |
| 281 | AVerMedia Technologies Inc | 3.3 | Medium |
| ... | ... | ... | |
| 446 | Zoy Home Furnishing Co Ltd | 0.0 | Low |
| 446 | e'grand Co Ltd | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Midea Group Co Ltd
These potential risks are based on the size, segment and geographies of the company.
Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.