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Shanghai Electric Group Co Ltd

Common Name
Shanghai Electric Group
Country
China (Mainland)
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
40,260
Ticker
601727
Exchange
SHANGHAI STOCK EXCHANGE
Description
Shanghai Electric Group Co., Ltd. is a prominent Chinese multinational corporation specializing in the manufacturing and integration of equipment for energy, industrial, and automation sectors. Renown...

Shanghai Electric Group's GHG Emissions Data Preview

In 2024, Shanghai Electric Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Shanghai Electric Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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b
0000000
Total Scope 2
Unspecified Calculation Method
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b
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Shanghai Electric Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Shanghai Electric Group’s data sources below and access millions more through our Disclosure Search.

a. Shanghai Electric Group's ESG Report 2024
a. Shanghai Electric Group's ESG Report 2024
b. Shanghai Electric Group's ESG Report 2023
b. Shanghai Electric Group's ESG Report 2023
c. Shanghai Electric Group's ESG Report 2022
c. Shanghai Electric Group's ESG Report 2022

Insights into Shanghai Electric Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofShanghai Electric Group amounted to336,517.95metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Shanghai Electric Groupincreased by 1.95%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Shanghai Electric Group's Scope 1 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e-27%-19%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Shanghai Electric Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shanghai Electric Group were 86,106.17 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Shanghai Electric Group reduced its Scope 1 emissions over time?

Since 2021, Shanghai Electric Group's Scope 1 emissions have decreased by 37.24%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Shanghai Electric Group's Scope 1 emissions increased by 7.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Shanghai Electric Group's Scope 2 emissions?

In 2024, Shanghai Electric Group reported Scope 2 greenhouse gas (GHG) emissions of 250,411.78 tCOâ‚‚e without specifying the calculation method.a

Has Shanghai Electric Group reduced its Scope 2 emissions over time?

Since 2021, Shanghai Electric Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 62.15%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Shanghai Electric Group's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Shanghai Electric Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Shanghai Electric Group use for Scope 2 reporting?

In 2024, Shanghai Electric Group reported its Scope 2 emissions using an unspecified methodology.a

Shanghai Electric Group's Scope 2 Emissions Over Time

2021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shanghai Electric Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Shanghai Electric Group reported Scope 1 greenhouse gas (GHG) emissions of 86,106.17 tCOâ‚‚e and total revenues of USD 15,920 millions. This translates into an emissions intensity of 5.41 tCOâ‚‚e per millions USD.a

Shanghai Electric Group's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)LXSSDHCMHKLLLead IntelligentYear: 2024Scope 1: 1,903 tCO2eRevenue: $M 1,624Scope 1 Intensity: 1.17 tCO2e/$MZhefu Holding GroupYear: 2024Scope 1: 56,440 tCO2eRevenue: $M 2,865Scope 1 Intensity: 19.70 tCO2e/$MHaitian International HoldingsYear: 2024Scope 1: 3,679 tCO2eRevenue: $M 2,406Scope 1 Intensity: 1.53 tCO2e/$MNARI TechnologyYear: 2024Scope 1: 1,949 tCO2eRevenue: $M 7,868Scope 1 Intensity: 0.25 tCO2e/$MXXXinjiang Daqo New EnergyYear: 2023Scope 1: 290 tCO2eRevenue: $M 2,297Scope 1 Intensity: 0.13 tCO2e/$MShenzhen Megmeet ElectricalYear: 2023Scope 1: 1,200 tCO2eRevenue: $M 950Scope 1 Intensity: 1.26 tCO2e/$MSSShanghai Mechanical & Electrical IndustryYear: 2024Scope 1: 3,900 tCO2eRevenue: $M 2,834Scope 1 Intensity: 1.38 tCO2e/$MGoldwind Science & TechnologyYear: 2024Scope 1: 17,334 tCO2eRevenue: $M 7,769Scope 1 Intensity: 2.23 tCO2e/$MSSShanghai Electric Wind Power GroupYear: 2024Scope 1: 919 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.64 tCO2e/$MZPMCYear: 2024Scope 1: 181,425 tCO2eRevenue: $M 4,721Scope 1 Intensity: 38.43 tCO2e/$MShenzhen Envicool TechnologyYear: 2023Scope 1: 1,073 tCO2eRevenue: $M 497Scope 1 Intensity: 2.16 tCO2e/$MDDDongfang ElectricYear: 2024Scope 1: 85,000 tCO2eRevenue: $M 9,550Scope 1 Intensity: 8.90 tCO2e/$MHHHongyuan Green EnergyYear: 2023Scope 1: 8,785 tCO2eRevenue: $M 1,669Scope 1 Intensity: 5.26 tCO2e/$MCCChina Shipbuilding Industry Group PowerYear: 2024Scope 1: 15,638 tCO2eRevenue: $M 7,083Scope 1 Intensity: 2.21 tCO2e/$MSany Renewable EnergyYear: 2024Scope 1: 12,703 tCO2eRevenue: $M 2,438Scope 1 Intensity: 5.21 tCO2e/$MMMMing Yang Smart Energy GroupYear: 2024Scope 1: 7,662 tCO2eRevenue: $M 3,721Scope 1 Intensity: 2.06 tCO2e/$MJiangsu Hengli HydraulicYear: 2024Scope 1: 28,997 tCO2eRevenue: $M 1,287Scope 1 Intensity: 22.54 tCO2e/$MHHHangzhou Oxygen Plant GroupYear: 2024Scope 1: 903 tCO2eRevenue: $M 1,880Scope 1 Intensity: 0.48 tCO2e/$MSanhua Intelligent ControlsYear: 2024Scope 1: 64,880 tCO2eRevenue: $M 3,829Scope 1 Intensity: 16.94 tCO2e/$MChina Southern AirlinesYear: 2024Scope 1: 29,037,100 tCO2eRevenue: $M 23,873Scope 1 Intensity: 1,216.34 tCO2e/$MKKKeda Industrial GroupYear: 2024Scope 1: 1,204,242 tCO2eRevenue: $M 242Scope 1 Intensity: 4,966.48 tCO2e/$MShanghai Electric GroupYear: 2024Scope 1: 86,106 tCO2eRevenue: $M 15,920Scope 1 Intensity: 5.41 tCO2e/$M

How does Shanghai Electric Group's GHG emissions intensity compare to its peers?

In 2024, Shanghai Electric Group reported a Scope 1 emissions intensity of 5.41 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Shanghai Electric Group rank on GHG emissions intensity within its industry?

In 2024, Shanghai Electric Group ranked 15 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Shanghai Electric Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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