In the May 2024 edition of Fortune China's ESG Impact List, Midea Group has been included in the list for two consecutive years, highlighting its outstanding performance and industry leadership in ESG (Environmental, Social and Governance). ESG is not only an important investment concept and corporate action guide in the financial market, but also a measure to help enterprises achieve sustainable development.
According to a report by Fortune, so far in 2023, several of the world's largest economies have staged a "Romance of the Three Kingdoms" of ESG. In China, the practice of ESG has been moving forward steadily, and in a year of severe macroeconomic challenges, ESG has become an action guide for companies to hone their lasting competitiveness.
Fortune China uses ESG as the evaluation indicator, and selects the companies on the 2024 China ESG Impact List through rigorous data analysis and professional evaluation methods. In 2024, the number of companies applying for the application jumped to more than 200, from a wide range of new energy, manufacturing, Internet, finance, health and other fields, and the companies on the list have made outstanding efforts to improve the environment, protect employees, and support communities, and have achieved sustained and inclusive growth through the economic cycle and won the respect of the market.
With its in-depth implementation of green design, green procurement, green manufacturing, green logistics, green recycling, green services and corporate sustainable innovation strategies, Midea Group has once again won high recognition from the industry and the market.
Li Guolin, Vice President and Chief Sustainability Officer of Midea Group, said: "Midea Group has always taken sustainable development as the core of its corporate strategy, and we are committed to providing green, intelligent and easy-to-use products and services for global users through innovative products and technologies, promoting the maintenance of a green, ecological and sustainable community environment, and building a green and beautiful home with global users. Being included in the Fortune ESG list for two consecutive years is not only a recognition of our efforts, but also a strong motivation for us to continue to adhere to the path of sustainable development in the future. ”
By the end of 2023, Midea Group has 28 national green factories, 9 5G factories and 5 world lighthouse factories, recycled a total of 3.098 million used household appliances such as TVs, refrigerators, washing machines, and air conditioners, and included sustainable development indicators in the performance evaluation of senior executives.