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SDIC Power Holdings Co Ltd

600886

2

exclusion reasons

2 themes

Fossil Fuels (1) Environmental Harm (1)
600886 Current as of March 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Coal Operations
Since Mar 7, 2017

SDIC Power Holdings Co Ltd is a major Chinese power generator whose operations are dominated by coal-fired electricity production. The company's installed capacity is heavily reliant on coal, with coal-fired power plants constituting the vast majority of its generation portfolio. This makes coal the dominant fuel source for its core business of electricity generation.

The company's parent, State Development & Investment Corp. (SDIC), is a Chinese state-owned investment conglomerate. While SDIC Power has stated commitments to developing clean energy, its operational footprint and primary revenue stream remain tied to coal-fired power generation, with no publicly announced plan to phase out its coal assets.

Environmental Damage
Since Apr 14, 2016

SDIC Power Holdings Co Ltd operates a power generation fleet that is approximately 80% coal-fired, with coal-fired capacity exceeding 70 gigawatts. The company's operations are linked to significant environmental impacts, including air pollutant emissions, coal ash disposal, and water resource strain. While specific, publicly documented incidents of major spills or toxic contamination attributable solely to SDIC Power are not readily available in international sources, the scale and concentration of its coal-fired operations inherently carry a high risk of environmental damage. The company's continued investment in and reliance on coal power generation, without a publicized comprehensive plan for managing the full lifecycle environmental liabilities of its fleet, places it within the scope of this exclusion category.

Research Sources 1 organization
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.