Shanghai Electric Releases ESG Report, Highlighting Sustainable Development Achievements in 2023 [Video]

• Consumption of standard coal is cut by 3,234 tons, with CO2 emissions reduced by 8,409 tons. Water usage decreased by 40%.
• The Company’s investment in environmental protection increased to 70 million RMB.
• Shanghai Electric continues to lead in green technology, achieving multiple breakthroughs in low-carbon technological innovation, with investment in R&B hitting a five-year record high.

SHANGHAI, April 28, 2024 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE:601727) announced that the Company has published the 2023 edition of its Environment, Social, and Governance report, which highlights its latest efforts in driving toward sustainability across its corporate operations throughout the year. The newest report, the eighth since its first one that was released in 2016, offers an overview of Shanghai Electric’s technological milestones in its three major business areas – energy equipment, industrial equipment, and integrated services – through which the Company helps facilitate green, low-carbon transformation in countries such as China, Pakistan, and the United Arab Emirates.