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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 86,106.17a | 80,450.61a | 99,639.35b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 250,411.78a | 249,622.53a | 129,778.28b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.4087a | 4.9806a | 5.8985b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Shanghai Electric Group amounted to 336,517.95 metric 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 Group increased by 1.95%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Shanghai Electric Group were 86,106.17 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Shanghai Electric Group reported Scope 2 greenhouse gas (GHG) emissions of 250,411.78 tCO₂e without specifying the calculation method.a
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
In 2024, Shanghai Electric Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Shanghai Electric Group reported Scope 1 greenhouse gas (GHG) emissions of 86,106.17 tCO₂e and total revenues of USD 15,920 millions. This translates into an emissions intensity of 5.41 tCO₂e per millions USD.a
In 2024, Shanghai Electric Group reported a Scope 1 emissions intensity of 5.41 tCO₂e 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
In 2024, Shanghai Electric Group ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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