MIDEA TOP 50 SUSTAINABLE DEVELOPMENT INDUSTRIAL ENTERPRISES IN FORBES CHINA 2022

KUALA LUMPUR, Feb 15 (Bernama) -- Midea Group was awarded as one of 2022 Forbes China Top 50 Sustainable Development Industrial Enterprises for its outstanding performance in green manufacturing, carbon neutrality, sustainable development and environmental, social and governance (ESG) construction.

According to Midea in a statement, the assessment focused on the specific indicators of five dimensions, namely management system, technological innovation, comprehensive benefits, resource allocation, and demonstration & promotion.

The selected companies are all industrial enterprises that have been established for at least 10 years, and have an annual revenue of more than RMB100 billion, along with a year-on-year increase in research and development (R&D) investment of about 50 per cent. (RMB100 = RM63.98)

Along with possessing state-of-the-art technologies that are among the best in the world, they also demonstrate key advantages over their counterparts worldwide.

Over the course of 25 years, Midea has honed and perfected its sustainable development management system, which integrates the concept of sustainable development into virtually every step of production and operation, as part of its efforts to fulfil its commitment to creating shared value with stakeholders.

Midea Shunde Industrial Park utilises distributed photovoltaics (PV) systems, energy storage equipment, high-efficiency heating, ventilation and air-conditioning (HVAC) equipment (including MDV8 multi-connected units), LINVOL digital intelligent elevators, energy recovery modules, and automated production lines to realise both a green office and low-cost carbon production.

Meanwhile, the Midea Chongqing Factory currently leverages over 15 green and energy-saving technologies, eight digital scene applications, three green certifications and consultations, and also boasts access to over 10 information systems, has also obtained the PAS2060 carbon neutral certificate, becoming one of Midea's first zero-carbon pilot plants.

Guided by the most advanced carbon consulting, Midea Jingzhou Factory has made a zero-carbon pathway that includes four stages namely, planning & design, construction, operation and transformation as well as adopted key zero-carbon solutions to obtain both its green and zero-carbon certifications.

-- BERNAMA