Midea Group Co. Ltd.
Industry Group: Consumer Durables
Country/Region: China
Identifier: HKG:300
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea’s revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside China.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Durables 149 out of 208
Universe
Global Universe 6694 out of 15104
What are the ESG Risk Ratings?
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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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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.
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.
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Controversy Rating
Highest Controversy level that has impacted Midea Group Co. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
