The report covers the economic, environmental, and social activities of Midea Group during 2017, including the company's responsibility for sustainable development on its products, the environment, its staff and business partners. It also includes highlights of the year such as the company's revenue reaching RMB241.92 billion, its net profit attributable to shareholders reaching RMB17.28 billion, and its ranking 450th in the Fortune 500 rankings of 2017. The report also highlights the company's focus on smart home technology, including the development of its M-Smart platform and its security package. Midea Group also discusses its commitment to social responsibility, including its support for poverty alleviation and its efforts to promote environmental sustainability. The report ends with a discussion of the company's internationalization strategy, including its global R&D and manufacturing capabilities and its efforts to build a global core technological talent system.
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Midea Group Co Ltd 2017 CSR Report
Issuing Company Midea Group Co., Ltd.
Report Type Sustainability Report
Report Language EN
Report Filesize 11.9 MB
No. of Pages 68 pages
Reporting periodJanuary 1 to December 31, 2017
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; CASS-CSR3.0
Materiality Assessmenttrue