Dongfang Electric Corporation Limited (DEC) released its 10th annual ESG report, detailing 2025 performance across governance, environment and social indicators.
Financial Highlights • Operating revenue reached RMB 78.62 billion, up 12.75% year-on-year; net profit rose to RMB 3.97 billion. • Total assets increased to RMB 162.67 billion, while R&D investment climbed to RMB 3.88 billion, 43.85% of which was dedicated to clean-technology projects.
Environmental Performance • Carbon-dioxide emissions per RMB 10,000 of output value fell 32% versus 2020, surpassing the 2025 reduction target of 18%. • Total greenhouse-gas emissions stood at 312,000 tCO₂e; Scope 2 emissions accounted for 234,000 tCO₂e. • Renewable electricity consumption reached 219.60 million kWh, representing 43.8% of total power use. • Comprehensive energy consumption was 112,438 tce, with energy-intensity dropping to 0.0141 tce per RMB 10,000 revenue. • Non-hazardous waste disposed totaled 37,019 t; hazardous waste rose to 11,409 t due to equipment phase-out and stricter local regulations. • Four national-level and 12 provincial-level green factories are now in operation.
Social Indicators • Workforce grew to 18,753, with a turnover rate of 1.16%; 100% of staff are covered by labor contracts and social insurance. • DEC conducted 1,037 quality-training sessions and logged 150,836 employee-training participations. • Investment in rural-revitalisation programmes reached RMB 25.96 million, earning the top “Excellent” rating from the central government for a fifth consecutive year. • No work-related fatalities or major safety incidents were recorded; over 320 emergency drills were held.
Governance & Compliance • The seven-member Board met 11 times; independent directors make up 43% of the Board. • DEC maintained Shanghai Stock Exchange Grade-A disclosure status for the 11th straight year. • A “1 chief compliance officer + N segment leaders + X frontline specialists” model underpins legal-risk control; 100% of contracts underwent compliance review. • No confirmed cases of corruption, unfair competition or data-security breaches were reported.
Strategic Progress • Clean-energy equipment exports now span 110 countries; the Julius Nyerere Hydropower Station in Tanzania and Uzbekistan’s Buka PV project both achieved full-capacity generation. • The world’s first commercial supercritical CO₂ power unit entered operation, and a 26 MW offshore wind turbine was grid-connected. • DEC’s ESG ratings improved to “A” (Wind) and “BB” (MSCI); the company ranked 15th among “China Central SOE ESG Pioneers 100”.
Looking Ahead DEC will anchor its 15th Five-Year Plan on low-carbon technology, domestic substitution of key equipment, and deeper “Belt and Road” collaboration, targeting further reductions in energy intensity and expanded green-equipment sales worldwide.