Haier Smart Home Co., Ltd.
Industry Group: Consumer Durables
Country/Region: China
Identifier: HKG:6690
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Durables 213 out of 232
Universe
Global Universe 10137 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Voltas Ltd. |
17.2
Low
|
121 out of 232 |
Midea Group Co. Ltd. |
23.9
Medium
|
188 out of 232 |
Techtronic Industries Co., Ltd. |
24.4
Medium
|
193 out of 232 |
Haier Smart Home Co., Ltd. |
28
Medium
|
213 out of 232 |
Gree Electric Appliances, Inc. of Zhuhai |
32.8
High
|
230 out of 232 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Haier Smart Home Co., Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Haier Smart Home Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Haier Smart Home Co., Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
![blurred material ESG issues](/ResourcePackages/Sustainalytics/assets/img/company-rating/mei-blur.png)
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Haier Smart Home Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
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Contributing Events
![blurred controversy events](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-events-blur.jpg)
Highest Controversy Events Locations
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