Power Construction Corporation of China, Ltd.
601669
2
exclusion reasons
2 themes
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.
Power Construction Corporation of China, Ltd. is a state-owned enterprise primarily engaged in the construction of hydropower, thermal power, and other energy infrastructure projects. Sustainalytics' Global Standards Engagement program flagged the company for engagement due to its involvement in controversies related to business ethics misconduct. The program initiated dialogue with Power Construction Corporation of China as part of a broader set of engagements with Chinese companies accused of corrupt practices and other ethical violations. The available evidence from Sustainalytics' 2022 quarterly report lists the company among new engagement cases but does not provide specific details on the nature or scale of the alleged misconduct. Further documentation of the underlying incidents, regulatory actions, or settlement terms is required to detail the specific exclusion grounds.
Power Construction Corporation of China (POWERCHINA) is a state-owned engineering and construction conglomerate whose core business involves building large-scale infrastructure projects globally, including hydropower dams, coal-fired power plants, and other energy facilities. Its operations are frequently associated with significant environmental disruption, including deforestation, habitat destruction, and river ecosystem alteration. The company is a primary contractor for China's Belt and Road Initiative, where its projects have been linked to documented ecological damage in sensitive regions. While the company publishes annual ESG reports detailing environmental management systems, these disclosures are framed around compliance and do not address the fundamental, large-scale ecological impacts inherent to its business model of constructing mega-dams and fossil fuel infrastructure.
Research Sources
1 organization
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