DongFang Electric Corporation Sustainability Profile
DongFang Electric Corporation, often referred to as DFEC, is a leading player in the global power generation and electrical equipment industry. Headquartered in Chengdu, China, the company has established a significant presence across various operational regions, including Asia, Europe, and Africa. Founded in 1994, DongFang Electric has achieved numerous milestones, positioning itself as a key provider of innovative energy solutions. The company specialises in manufacturing steam turbines, gas turbines, and hydroelectric generators, distinguished by their advanced technology and efficiency. DongFang Electric's commitment to research and development has solidified its market position, making it a preferred partner for large-scale energy projects worldwide. With a focus on sustainable energy solutions, DFEC continues to contribute to the global transition towards cleaner power generation.
DitchCarbon Score
How does DongFang Electric Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
DongFang Electric Corporation's score of 12 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DongFang Electric Corporation's reported carbon emissions
In 2023, DongFang Electric Corporation, headquartered in China (CN), reported greenhouse gas emissions data that is not specified in absolute terms. However, the company has disclosed its greenhouse gas emission density, which stands at approximately 0.00000045 kg CO2e per unit of revenue (CNY) for the year. This figure reflects the company's emissions relative to its revenue of about USD 9.23 billion. For the previous years, the emission densities were approximately 0.000005 kg CO2e per unit of revenue in 2022 and about 0.0000051 kg CO2e per unit of revenue in 2021, with revenues of approximately USD 8.43 billion and USD 7.59 billion, respectively. This indicates a slight improvement in emissions intensity over the years, although specific total emissions figures for Scope 1, 2, and 3 are not disclosed. Currently, DongFang Electric Corporation has not set any formal reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of disclosed reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while DongFang Electric Corporation has shown some progress in reducing emissions intensity, the lack of specific emissions data and formal commitments highlights an area for potential improvement in its climate strategy.
How Carbon Intensive is DongFang Electric Corporation's Industry?
How Carbon Intensive is DongFang Electric Corporation's Location?
DongFang Electric Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
DongFang Electric Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
