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.
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.
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.
Shanghai Electric's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Shanghai Electric reported total carbon emissions of approximately 336,517,950 kg CO2e, comprising 86,106,170 kg CO2e from Scope 1 and 250,411,780 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where total emissions were about 330,073,140 kg CO2e, with Scope 1 emissions at 80,450,610 kg CO2e and Scope 2 emissions at 249,622,530 kg CO2e. Shanghai Electric has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 greenhouse gas emissions by 30% from a 2019 baseline by the year 2025. This commitment reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Shanghai Electric's climate commitments demonstrate a clear intention to enhance sustainability and reduce its carbon footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 123,481,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 222,735,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000 | - | - | - | - |
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 not participating in any of the initiatives that 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.