GlobalData offers a comprehensive analysis of Haier Smart Home, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Haier Smart Home‘s ESG performance. GlobalData’s company profile on Haier Smart Home offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

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Premium Insights Haier Smart Home Co Ltd - Company Profile

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Haier Smart Home, a leading home appliance manufacturer, in alignment with the national "carbon peaking and carbon neutrality (dual carbon)" strategic goal, integrates low carbon, recycling, energy saving, and emission reduction into its daily operations. The company actively promotes carbon reduction initiatives and explores the entire life cycle carbon reduction model for its products, contributing to the green transformation of the industry. Haier is focused on reducing its production footprint and minimizing its impact on the environment.

In pursuit of their domestic manufacturing environmental objectives, Haier set specific goals for the 1-3 year period and the company has successfully achieved its goals for these in 2022. These objectives, anchored in the 2021 base year, included a 3% reduction in greenhouse gas emissions, energy consumption, and water consumption per 10,000 yuan of output, as well as a 3% decrease in non-hazardous waste disposal per unit of product. Additionally, Haier aimed for a 3% reduction in hazardous waste disposal per 10,000 yuan of output in 2022 while concurrently increasing output value and ensuring the 100% compliant disposal of all hazardous waste.

In 2022, Haier reported greenhouse gas emissions data, with a total of 854,562.89 tons of carbon dioxide equivalent. This included 123,867.77 tons of carbon dioxide equivalent for Scope I greenhouse gases, which are emissions directly generated from natural gas, liquefied petroleum gas, and diesel consumed by the Company. Additionally, Scope II greenhouse gases amounted to 730,695.11 tons of carbon dioxide equivalent, representing emissions from externally purchased electricity and steam consumption. Additionally, Fisher & Paykel (FPA), a brand under Haier, is committed to attaining net zero carbon emissions by 2050. In 2022, FPA concluded the inventory of greenhouse gas emissions for the baseline year 2020, encompassing Scope 1, Scope 2, and Scope 3, along with analyzing the carbon footprint of 14 products throughout their life cycles and remains dedicated to ongoing decarbonization efforts to realize its net zero targets.

Haier has taken steps to reduce its carbon emissions and has made investments in energy management. It is working towards improving resource productivity in the circular economy and clean solutions. Haier is also prioritizing innovation and design to develop products that are more energy-efficient and environmentally friendly. In terms of its supply chain, Haier emphasizes responsibility and works with local suppliers. It also focuses on waste management and aims to reduce waste generation and significant waste-related impacts.

Overall, Haier Smart Home is proactively working to reduce its carbon emissions and minimize its environmental impact, aligning with the national dual-carbon strategy. The company's commitment to sustainability extends to its workforce, supply chain, and responsible data operations. By prioritizing innovation, design, and resource productivity, Haier is positioning itself as a leader in the home appliance industry's transition towards a more sustainable future.

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