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 29 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shanghai Electric's reported carbon emissions
In 2024, Shanghai Electric reported total carbon emissions of approximately 336,517,950 kg CO2e. This figure includes about 86,106,170 kg CO2e from Scope 1 emissions and approximately 250,411,780 kg CO2e from Scope 2 emissions. The combined Scope 1 and 2 emissions totalled the same amount, indicating a focus on direct and indirect emissions from their operations. In 2023, the company recorded total emissions of about 330,073,140 kg CO2e, with Scope 1 emissions at approximately 80,450,610 kg CO2e and Scope 2 emissions at around 249,622,530 kg CO2e. This demonstrates a slight increase in total emissions year-on-year. Looking back to 2022, Shanghai Electric's emissions were reported at approximately 330,073,140 kg CO2e, with Scope 1 emissions of about 99,639,350 kg CO2e and Scope 2 emissions of approximately 129,778,280 kg CO2e. Notably, Scope 3 emissions were also disclosed, amounting to about 229,417,630 kg CO2e. Despite these figures, there are currently no specific reduction targets or climate pledges documented by Shanghai Electric. The absence of defined reduction initiatives suggests a need for further commitment to climate action within the industry context. As a major player in the energy sector, Shanghai Electric's emissions profile highlights the importance of addressing both direct and indirect emissions to align with global climate goals.
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| 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 | 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 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.
