Dongfang Electric (1072.HK)

Overall impact
D (39)

Commentary

Dongfang Electric is a below-average overall performer. With a 'D' rating of 38.5 for overall impact (bottom 25% of all companies), Dongfang Electric ranks 74th out of 90 industry peers, behind JPW Industries, Davis-Standard, Grede Holdings and 70 others, and ahead of Velan Inc., CPM Holdings, Titan Wind Energy Suzhou and 13 others. On top material causes for Dongfang Electric's industry (Manufacturing), Dongfang Electric performs well in Reduced Green House Gas Emissions (83.3 score) and Technology Innovation (83.2) and performs poorly in Reduced Waste (31.8 score), Reduced Inequality (32.8), Sustainable Use of Water (0.0) and 8 other causes where it received a 'D' or 'F' score.
Impact
Cause 1072.HK
Peer rank
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Company
Employees
18,753
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Industrial Machinery & Goods
Headquarters
China
Share classes
1072.HK
Description
Dongfang Electric Corporation Limited engages in the design, develop, manufacture, and sale of power generation equipment in China and internationally. It operates in five segments: Renewable Energy Equipment, High-efficient clean energy equipment, Engineering and supply chain, Modern manufacturing services business, and Emerging Growth Industries. The company offers power generation equipment for wind power, solar power, hydropower, nuclear power, gas power, and thermal power, such as hydro-generating units, steam turbine generators, wind power units, power station steam turbines, and power station boilers. It also provides engineering contracting and services to global energy operators; trade and logistics services; and chemical containers, energy saving and environmental protection, power electronics and control; and hydrogen energy equipment. In addition, the company offers science and technology promotion and application, heat production, and research and experimental development services; and power generators, generating sets, and general equipment. Dongfang Electric Corporation Limited was formerly known as Dongfang Electric Machinery Co., Ltd. and changed its name to Dongfang Electric Corporation Limited in January 2008. The company was founded in 1958 and is headquartered in Chengdu, the People's Republic of China. Dongfang Electric Corporation Limited operates as a subsidiary of Dongfang Electric Corporation.
Material causes
Ethos considers the following causes material for Dongfang Electric, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

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