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 80% 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, although specific reduction targets or initiatives have not been disclosed. In previous years, emissions data indicates a trend of increasing total emissions, with 2022 emissions at about 329,417,630 kg CO2e, 2021 at approximately 291,630,000 kg CO2e, and 2020 at around 382,335,000 kg CO2e. The emissions intensity has varied, with a notable decrease in intensity from 0.0189 in 2019 to 0.0142 in 2021, reflecting efforts to improve efficiency relative to revenue. Shanghai Electric's climate commitments remain vague, lacking specific reduction targets or pledges, which places them in a challenging position within the industry as global pressure mounts for more robust climate action. The company operates in a sector where significant emissions reductions are essential for meeting international climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 | - |
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.