Gree Electric
Appliances manufacturer
The world's largest residential air-conditioner manufacturer, and one of China's largest appliance manufacturers. Was majority owned by state-owned Gree Group until 2019.

Overall

Owned CHN
Rating F
About the Ratings
Gree Electric Appliances Inc of Zhuhai
CHN

Company Assessment

(Last updated Jan 2023)
Gree Electric Appliances Inc of Zhuhai
Criticism
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 2.38/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
14/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 14/100 in the Household Durables category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 20 Jan 2023). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Workers rights in China
A 2023 report by China Labor Watch investigated labour conditions in China's consumer electronics sector using three stages of research: analysis of social media posts, case studies through online research, and in-person factory investigation. Labour abuses identified in factories supplying this company include excessive working hours, wage theft and wage arrear, and mandatory overtime.
Information
Social responsibility claims
This company has social responsibility claims on its website, mainly in the area of charitable giving.
UNDP partner
This company is a partner in the United Nations Development Project China. It advocates for the Sustainable Urban Development program and sponsored the 2015 China Sustainable Cities Report.
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Company Details

Type:
Public company
Founded:
1991
Revenue:
27.9 billion USD (2022)
Subsidiaries:
Gree Australia
Air conditioner

Contact Details

Address:
Guangdong, China
Website:
gree.com

Products / Brands

Gree Australia
Gree Air Conditioners