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 25 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 2023, Shanghai Electric reported total 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 shown a commitment to reducing its carbon footprint, with a notable decrease in emissions from previous years. For instance, in 2022, total emissions were about 359,189,960 kg CO2e, indicating a reduction in emissions over the year. Shanghai Electric has disclosed emissions data for Scopes 1 and 2, but there are no specific reduction targets or initiatives outlined in their current commitments. The company has not provided information on Scope 3 emissions or any formal climate pledges, which places it in a context where many industry peers are increasingly setting ambitious climate goals. Overall, while Shanghai Electric has made strides in reducing its emissions, further transparency regarding its climate commitments and future reduction targets would enhance its sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 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 | - |
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 committed to any 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.