Gree Electric Appliances Inc of Zhuhai

Common Name
Gree
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
72,808
Ticker
000651
Exchange
SHENZHEN STOCK EXCHANGE
Description
Gree Electric Appliances Inc. is a leading manufacturer of home appliances, with a particular focus on the air conditioning segment. Established in China, the company has evolved into a global powerho...

Gree's GHG Emissions Data Preview

In 2023, Gree completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Gree has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Gree’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gree’s data sources below and access millions more through our Disclosure Search.

a. Gree's ESG Report 2023
a. Gree's ESG Report 2023

Insights into Gree's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gree amounted to 1,314,438 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gree decreased by 9.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Gree's Scope 1 Emissions Over Time

2021202220230250 k500 k750 k1 MtCO2e-15%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Gree's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gree were 726,654 metric tons of CO₂ equivalent (tCO₂e). a

Has Gree reduced its Scope 1 emissions over time?

Since 2021, Gree's Scope 1 emissions have decreased by 13.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Gree's Scope 1 emissions increased by 2.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Gree's Scope 2 emissions?

In 2023, Gree reported Scope 2 greenhouse gas (GHG) emissions of 587,784 tCO₂e without specifying the calculation method. a

Has Gree reduced its Scope 2 emissions over time?

Since 2021, Gree's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 29.25%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Gree's Scope 2 emissions (Unspecified Calculation Method) fell by 20.64% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Gree use for Scope 2 reporting?

In 2023, Gree reported its Scope 2 emissions using an unspecified methodology. a

Gree's Scope 2 Emissions Over Time

2021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gree’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Gree reported Scope 1 greenhouse gas (GHG) emissions of 726,654 tCO₂e and total revenues of USD 28,847 millions. This translates into an emissions intensity of 25.19 tCO₂e per millions USD. a

Gree's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)XLHCZGWGYum China HoldingsYear: 2024Scope 1: 220,101 tCO2eRevenue: $M 11,303Scope 1 Intensity: 19.47 tCO2e/$MSun Art Retail GroupYear: 2025Scope 1: 286,831 tCO2eRevenue: $M 10,733Scope 1 Intensity: 26.72 tCO2e/$MNingbo Joyson ElectronicYear: 2023Scope 1: 31,781 tCO2eRevenue: $M 7,841Scope 1 Intensity: 4.05 tCO2e/$MNIOYear: 2023Scope 1: 27,555 tCO2eRevenue: $M 7,826Scope 1 Intensity: 3.52 tCO2e/$MMidea GroupYear: 2023Scope 1: 1,017,606 tCO2eRevenue: $M 52,583Scope 1 Intensity: 19.35 tCO2e/$MHaier Smart HomeYear: 2024Scope 1: 417,884 tCO2eRevenue: $M 39,186Scope 1 Intensity: 10.66 tCO2e/$MXXXpengYear: 2024Scope 1: 27,873 tCO2eRevenue: $M 780Scope 1 Intensity: 35.73 tCO2e/$MOppein Home GroupYear: 2024Scope 1: 7,317 tCO2eRevenue: $M 2,593Scope 1 Intensity: 2.82 tCO2e/$MZhejiang SuporYear: 2024Scope 1: 27,727 tCO2eRevenue: $M 3,073Scope 1 Intensity: 9.02 tCO2e/$MXingda International HoldingsYear: 2023Scope 1: 186,907 tCO2eRevenue: $M 1,768Scope 1 Intensity: 105.70 tCO2e/$MOCT LimitedYear: 2023Scope 1: 8,967 tCO2eRevenue: $M 7,844Scope 1 Intensity: 1.14 tCO2e/$MFuyao Glass Industry GroupYear: 2023Scope 1: 1,030,353 tCO2eRevenue: $M 4,666Scope 1 Intensity: 220.82 tCO2e/$MLLLotus TechnologyYear: 2023Scope 1: 1,073 tCO2eRevenue: $M 679Scope 1 Intensity: 1.58 tCO2e/$MHisense Home Appliances GroupYear: 2023Scope 1: 41,795 tCO2eRevenue: $M 12,044Scope 1 Intensity: 3.47 tCO2e/$MHHHuali Industrial GroupYear: 2023Scope 1: 19,017 tCO2eRevenue: $M 2,830Scope 1 Intensity: 6.72 tCO2e/$MSeres GroupYear: 2024Scope 1: 88,690 tCO2eRevenue: $M 19,892Scope 1 Intensity: 4.46 tCO2e/$MHaidilao International HoldingYear: 2024Scope 1: 118,426 tCO2eRevenue: $M 6,377Scope 1 Intensity: 18.57 tCO2e/$MCCChina Yongda Automobiles Services HoldingsYear: 2024Scope 1: 4,282 tCO2eRevenue: $M 9,487Scope 1 Intensity: 0.45 tCO2e/$MZZZongshenYear: 2023Scope 1: 15,034 tCO2eRevenue: $M 1,147Scope 1 Intensity: 13.11 tCO2e/$MGGGolden SolarYear: 2023Scope 1: 1,823 tCO2eRevenue: $M 45Scope 1 Intensity: 40.18 tCO2e/$M361 Degrees InternationalYear: 2023Scope 1: 7,234 tCO2eRevenue: $M 1,296Scope 1 Intensity: 5.58 tCO2e/$MYoungor FashionYear: 2023Scope 1: 22,576 tCO2eRevenue: $M 1,935Scope 1 Intensity: 11.67 tCO2e/$MLi AutoYear: 2024Scope 1: 64,500 tCO2eRevenue: $M 21,548Scope 1 Intensity: 2.99 tCO2e/$MWWWeichai PowerYear: 2023Scope 1: 188,094 tCO2eRevenue: $M 30,105Scope 1 Intensity: 6.25 tCO2e/$MGGGreeYear: 2023Scope 1: 726,654 tCO2eRevenue: $M 28,847Scope 1 Intensity: 25.19 tCO2e/$M

How does Gree's GHG emissions intensity compare to its peers?

In 2023, Gree reported a Scope 1 emissions intensity of 25.19 tCO₂e per millions USD. Compared to the peer group median of 7.87 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Gree rank on GHG emissions intensity within its industry?

In 2023, Gree ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Gree among the least efficient performers, with one of the highest emissions intensities in its sector. a

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