Shanghai Electric's Rating Highlights Its Corporate Social Responsibility Efforts in 2020 SHANGHAI, February 8. /PRNewswire/. Shanghai Electric Group ("Shanghai Electric" or "the Company"), the world's leading manufacturer and supplier of electric power generation equipment, industrial equipment and integration services, has been upgraded to A on the Hang Seng environmental, social and corporate governance (ESG) sustainability rating scale, reflecting the Company's improved efforts in advancing its Covid-19 pandemic relief, poverty alleviation and environmental, health and safety (EHS) practices. Shanghai Electric has performed well in developing its ESG strategy, which refers to environmental, social and corporate governance factors that measure a company's sustainability and societal impact on investment. The ESG rating report compiled by Hang Seng Indexes shows that the Company ranks in the top ten percent out of 332 industry peers and 1435 companies in terms of ESG performances in core areas such as corporate governance, environment, fair operating practices, consumer issues, as well as community involvement and development.