Recently, TIME Magazine and Statista, the world's top business data platform, released the "TIME World's Best Companies 2023" list. By continuously promoting the four strategic axes of "leading technology, direct access to users, driven by digital intelligence, and global breakthroughs", and accelerating the transformation into a global technology group, Midea Group was successfully selected into the list.
It is reported that Time magazine and Statista selected the world's best-performing companies in terms of employee satisfaction, revenue growth, sustainability or environmental, social and corporate governance (ESG) and other aspects. Among them, Midea Group was rated as very high in the dimension of growth rate.
In terms of the overall development of the company, in August this year, the Fortune Global 500 list was released, and Midea Group ranked 278th, ranking among the world's top 500 enterprises for eight consecutive years. In June this year, Forbes magazine released the 2023 "Top 2000 Global Listed Companies" list, and Midea Group ranked 199th in the world, up 18 places from last year. According to Midea Group's 2023 semi-annual performance report, Midea Group's total operating income in the first half of this year reached 197.8 billion yuan, of which the total revenue in the second quarter reached 101.2 billion yuan, breaking the 100 billion mark for the first time and setting a record high for Midea's revenue in a single quarter. The ToC, ToB and innovative businesses have grown rapidly, and the contribution of ToB business to Midea has steadily increased.
In terms of employees and corporate culture, Midea Group adheres to the principle of equal employment, strictly prohibits all discrimination based on nationality, region, race, ethnicity, gender, age and other factors, and the rights and interests of employees around the world can be protected in accordance with local laws, regulations, terms and guidelines. At the same time, the company prohibits the use of child labor, eliminates forced labor and actively protects the rights and interests of female employees, and has set up an "Employee Assistance Fund" and an "Employee Legal Aid Center" to provide medical expenses and legal assistance and professional advice to employees and their immediate family members who need assistance.
In the field of ESG, Midea Group was selected into the 2023 Fortune China ESG Influence List with high-value practice cases; At the same time, Midea Group was also selected into the 2022 Forbes Global Best Women-Friendly Companies List and the 2022 Forbes Global Best Employers List. In March 2023, the "Forbes China 2023 ESG Inspired Case" was officially released, and Midea Group was also selected as an ESG case company with practical reference significance. In February 2023, the "2022 Forbes China Top 50 Sustainable Industrial Enterprises Selection" was officially released, and Midea Group was rated as the industry benchmark of sustainable industrial enterprises of the year for its steady performance in green manufacturing, carbon neutrality, sustainable development, and ESG construction.