Shanghai Electric
Shanghai Electric Group Company Limited, commonly known as Shanghai Electric, is a leading player in the global energy and equipment manufacturing industry. Headquartered in Shanghai, China, the company has established a significant presence across various operational regions, including Asia, Europe, and the Middle East. Founded in 1902, Shanghai Electric has achieved numerous milestones, positioning itself as a pioneer in the development of power generation and industrial equipment. The company specialises in a diverse range of core products and services, including power generation equipment, renewable energy solutions, and industrial automation systems. Shanghai Electric is renowned for its innovative technologies and commitment to sustainability, making it a preferred choice in the energy sector. With a strong market position, the company has garnered notable achievements, including significant contributions to large-scale energy projects worldwide, solidifying its reputation as a trusted leader in the industry.
DitchCarbon Score
How does Shanghai Electric'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 Electrical Machinery Manufacturing 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
Shanghai Electric's score of 24 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shanghai Electric's reported carbon emissions
In 2023, Shanghai Electric reported total greenhouse gas emissions of approximately 330,073,140 kg CO2e, comprising 80,450,610 kg CO2e from Scope 1 and 249,622,530 kg CO2e from Scope 2 emissions. The company has not disclosed Scope 3 emissions for this year. Shanghai Electric has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 38% by 2030, using 2021 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. Over the past few years, Shanghai Electric has demonstrated a commitment to sustainability, with emissions in 2021 reported at 291,630,000 kg CO2e, which included 137,200,000 kg CO2e from Scope 1 and 154,430,000 kg CO2e from Scope 2. The company continues to focus on reducing its carbon footprint as part of its broader environmental strategy.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 123,481,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 222,735,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shanghai Electric is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
