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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 2024, 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)2024202320222021-2019
Total Scope 1
2,682,418a
726,654a
709,422a
Total Scope 2
Unspecified Calculation Method
490,833a
587,784a
740,658a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
103.0139a
25.1896a
25.9782a
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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.

a. Gree's ESG Report 2024
b. Gree's ESG Report 2023

Insights into Gree's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Gree amounted to 3,173,251 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 2023, the total operational greenhouse gas (GHG) emissions of Gree increased by 141.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Gree's Scope 1 Emissions Over Time

20212022202320240700 k1.4 M2.1 M2.8 MtCO2e-15%+2%+269%
  • Total Scope 1
  • Year-over-Year Change

What are Gree's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gree were 2,682,418 metric tons of CO₂ equivalent (tCO₂e).a

Has Gree reduced its Scope 1 emissions over time?

Since 2021, Gree's Scope 1 emissions have increased by 220.7%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Gree's Scope 1 emissions increased by 269.15%, 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 2024, Gree reported Scope 2 greenhouse gas (GHG) emissions of 490,833 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 40.92%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Gree's Scope 2 emissions (Unspecified Calculation Method) fell by 16.49% in 2024, 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 2024, Gree reported its Scope 2 emissions using an unspecified methodology.a

Gree's Scope 2 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2024, Gree reported Scope 1 greenhouse gas (GHG) emissions of 2,682,418 tCO₂e and total revenues of USD 26,039 millions. This translates into an emissions intensity of 103.01 tCO₂e per millions USD.a

Gree's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)Nien Made EnterpriseYear: 2023Scope 1: 1,951 tCO2eRevenue: $M 877Scope 1 Intensity: 2.22 tCO2e/$MCowayYear: 2024Scope 1: 11,395 tCO2eRevenue: $M 2,937Scope 1 Intensity: 3.88 tCO2e/$MVoltasYear: 2025Scope 1: 2,341 tCO2eRevenue: $M 1,793Scope 1 Intensity: 1.31 tCO2e/$MUltimate ProductsYear: 2024Scope 1: 165 tCO2eRevenue: $M 200Scope 1 Intensity: 0.83 tCO2e/$MVictoriaYear: 2025Scope 1: 173,229 tCO2eRevenue: $M 1,447Scope 1 Intensity: 119.75 tCO2e/$MHowden Joinery GroupYear: 2025Scope 1: 36,690 tCO2eRevenue: $M 3,256Scope 1 Intensity: 11.27 tCO2e/$MDe' LonghiYear: 2025Scope 1: 10,797 tCO2eRevenue: $M 4,459Scope 1 Intensity: 2.42 tCO2e/$MMohawk IndustriesYear: 2024Scope 1: 1,967,585 tCO2eRevenue: $M 10,837Scope 1 Intensity: 181.56 tCO2e/$MNitori HoldingsYear: 2024Scope 1: 27,194 tCO2eRevenue: $M 199Scope 1 Intensity: 136.42 tCO2e/$MSomnigroup InternationalYear: 2024Scope 1: 43,725 tCO2eRevenue: $M 4,931Scope 1 Intensity: 8.87 tCO2e/$MLi AutoYear: 2024Scope 1: 64,500 tCO2eRevenue: $M 19,794Scope 1 Intensity: 3.26 tCO2e/$MGreat Wall MotorYear: 2024Scope 1: 152,034 tCO2eRevenue: $M 27,351Scope 1 Intensity: 5.56 tCO2e/$MWeichai PowerYear: 2024Scope 1: 232,673 tCO2eRevenue: $M 29,554Scope 1 Intensity: 7.87 tCO2e/$MSharkninjaYear: 2024Scope 1: 582 tCO2eRevenue: $M 5,527Scope 1 Intensity: 0.11 tCO2e/$MKing Slide WorksYear: 2024Scope 1: 1,278 tCO2eRevenue: $M 309Scope 1 Intensity: 4.13 tCO2e/$MElectroluxYear: 2025Scope 1: 47,000 tCO2eRevenue: $M 14,273Scope 1 Intensity: 3.29 tCO2e/$MWhirlpoolYear: 2024Scope 1: 121,002 tCO2eRevenue: $M 16,607Scope 1 Intensity: 7.29 tCO2e/$MHangzhou Robam AppliancesYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,536Scope 1 Intensity: 5.98 tCO2e/$MOppein Home GroupYear: 2024Scope 1: 7,317 tCO2eRevenue: $M 2,593Scope 1 Intensity: 2.82 tCO2e/$MHisense Home Appliances GroupYear: 2024Scope 1: 241,480 tCO2eRevenue: $M 12,708Scope 1 Intensity: 19.00 tCO2e/$MZhejiang SuporYear: 2024Scope 1: 27,727 tCO2eRevenue: $M 3,073Scope 1 Intensity: 9.02 tCO2e/$MMidea GroupYear: 2024Scope 1: 681,036 tCO2eRevenue: $M 56,054Scope 1 Intensity: 12.15 tCO2e/$MHaier Smart HomeYear: 2024Scope 1: 417,884 tCO2eRevenue: $M 39,186Scope 1 Intensity: 10.66 tCO2e/$MSichuan Changhong ElectricYear: 2024Scope 1: 43,191 tCO2eRevenue: $M 14,208Scope 1 Intensity: 3.04 tCO2e/$MGreeYear: 2024Scope 1: 2,682,418 tCO2eRevenue: $M 26,039Scope 1 Intensity: 103.01 tCO2e/$M

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

In 2024, Gree reported a Scope 1 emissions intensity of 103.01 tCO₂e per millions USD. Compared to the peer group median of 5.77, 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 2024, Gree ranked 22 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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