Harbin Electric released its 2025 Environmental, Social and Governance (ESG) Report, outlining record-high financial results alongside material progress on climate and social indicators.
Revenue rose 19.32 % to RMB 45.70 billion, while net profit attributable to shareholders jumped 58.15 % to RMB 2.67 billion. Formal contract signings reached RMB 64.63 billion, up 13.64 %.
Environmental performance improved markedly. Carbon-dioxide emissions per RMB 10,000 of revenue fell 16.63 % year-on-year and comprehensive energy consumption intensity dropped 14.79 %. All manufacturing subsidiaries now hold ISO 50001 energy-management certification; three plants were certified as five-star “Zero-carbon Factories.” In total, 144.59 million kWh of green electricity and green certificates were procured, while 6.48 million kWh were self-generated from on-site photovoltaics.
Total Scope 1 and Scope 2 emissions declined to 20.07 million tCO₂e, with Scope 1 at 0.36 million tCO₂e and Scope 2 at 1.60 million tCO₂e. Water recycling reached 5.73 million tons, representing 87.80 % of total consumption; all hazardous waste and general industrial solid waste achieved a 100 % compliant disposal or utilisation rate.
Innovation spending remained high. R&D expenditure totalled RMB 2.38 billion (5.2 % of revenue) and the company received 323 new patent authorisations, including 144 invention patents. Key technology milestones include the world’s first 500 MW Pelton turbine runner and the first megawatt-scale compressed CO₂ electro-thermal energy storage pilot system.
On the social front, Harbin Electric employed 11,487 people at year-end, with a 100 % labour-contract signing rate. No work-related fatalities were recorded; the lost-time injury frequency rate improved, and occupational-health examination coverage reached 100 %. Over RMB 13.40 million was paid out in technology-related incentives, and 102,812 employee-training participations were recorded during the year.
Governance oversight of ESG remains at board level, with ESG targets embedded in senior-management remuneration. No corruption cases, customer-data breaches or supply-chain disruptions were reported in 2025.
The company forecasts continued focus on green manufacturing, digital transformation and international expansion as it moves into the “15th Five-Year Plan” period beginning 2026.