Climate Change Data

China Machinery Engineering Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:11,697 tons tCO2e/year
Renewable Energy Share:47% of total energy use (overseas power projects)
Total Energy Consumption:3,043 tons of standard coal/year

ESG Focus Areas

  • Climate Change
  • Environmental Protection
  • Social Responsibility
  • Governance
  • Sustainable Development

Environmental Achievements

  • New energy projects accounted for 47% of overseas power contract projects in 2023.
  • Reduced carbon emissions by 1,241 tons.
  • Successful operation of various photovoltaic and environmental projects (e.g., Idiwan Solar Power Plant in Malaysia, Lai’an County Wastewater Treatment Plant).

Social Achievements

  • Created job opportunities and implemented skills training and industrial support programs.
  • Supported local education and public welfare initiatives.
  • Improved employee care in remote areas.
  • Hosted large cultural events (e.g., “Integration Cup” Table Tennis Friendly Match, New Year’s Gala).

Governance Achievements

  • Successfully completed the three-year reform action plan and deployed a new round of high-standard reform initiatives.
  • Improved governance mechanisms and management efficiency.
  • Received 3A credit rating from China Chamber of Commerce for Import and Export of Machinery and Electronic Products and China International Contractors Association.
  • Recognized as one of the BRI ESG Excellence Top 10 Enterprises.

Climate Goals & Targets

Environmental Challenges

  • Accelerating global changes and increasingly complex international political and economic conditions.
  • High financing costs for overseas projects.
Mitigation Strategies
  • Shifting from a primary focus on international markets to a dual domestic and international circulation model.
  • Transitioning from coal and power businesses to clean energy.
  • Focusing on international capacity cooperation and new industrialization.
  • Actively engaging with multilateral institutions (e.g., AIIB, ICIEC) to broaden financing channels.
  • Connecting with non-standard financing institutions (e.g., leasing, factoring, trusts).

Supply Chain Management

Supplier Audits: 1,211 qualified suppliers (267 overseas)

Responsible Procurement
  • Adherence to principles of honesty, mutual benefit, and legal compliance.
  • Introduction of Blacklisted Supplier Management Measures.
  • Local procurement plans to help local suppliers improve technology and management capabilities.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Growth in clean energy projects

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000

Certifications: ISO 45001

Awards & Recognition

  • AAA Level Creditworthy Enterprise
  • AAA Credit Enterprise in Enterprise Credit Evaluation
  • BRI ESG Excellence Top 10
  • Platinum Award for Numerical Intelligence Operation and Management
  • Sustainable Infrastructure Award
  • Excellent Overseas Engineering Campsites Award
  • In-House Legal Team (Transaction Category) of the year 2023
  • Beijing’s SRDI SMEs and Innovative SME of Beijing
  • Heilongjiang Province’s SRDI SMEs and Innovative SME of Heilongjiang Province
  • 2023 Mechanical Industry Science and Technology Award
  • 2023 Sinomach Science and Technology Award
  • 2023 Excellent Mechanical Industry Engineering Survey, Design, and Consulting Projects