Midea Group Co. Ltd.
Industry Group: Consumer Durables
Country/Region: China
Identifier: SHE:000333
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 188 out of 232
Universe
Global Universe 7335 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.
Midea Group 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.
Midea Group Co. Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Midea Group Co. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
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Contributing Events
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Highest Controversy Events Locations
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