Gree Electric Appliances, Inc. of Zhuhai
Industry Group: Consumer Durables
Country/Region: China
Identifier: SHE:000651
Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China’s Zhuhai local government. Air conditioners remain the biggest contributor to Gree’s earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Durables 204 out of 208
Universe
Global Universe 11763 out of 15104
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Midea Group Co. Ltd. |
23.9
Medium
|
149 out of 208 |
| Techtronic Industries Co., Ltd. |
25.1
Medium
|
161 out of 208 |
| Sichuan Changhong Electric Co., Ltd. |
26
Medium
|
169 out of 208 |
| Haier Smart Home Co., Ltd. |
27.9
Medium
|
184 out of 208 |
| Gree Electric Appliances, Inc. of Zhuhai |
32.8
High
|
204 out of 208 |
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Top Material ESG Issues for Gree Electric Appliances, Inc. of Zhuhai
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Controversy Rating
Highest Controversy level that has impacted Gree Electric Appliances, Inc. of Zhuhai's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
