Skip to main content
← All exclusions

Datang International Power Generation Co Ltd

DIPGY

Utilities

2

exclusion reasons

2 themes

Fossil Fuels (1) Environmental Harm (1)
DIPGY Utilities 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 Apr 14, 2016

Datang International Power Generation Co Ltd operates a power generation fleet where coal-fired thermal plants are the dominant fuel source. The company is also engaged in coal mining and trading to supply its operations, integrating the fuel source directly into its business model.

In 2019, regulatory inspections in Hebei province found that two of the company’s coal-fired plants were burning coal that failed to meet environmental standards. One plant, the Baoding thermal facility, burned 547,100 tonnes of non-compliant, high-sulphur coal during 2018. This violation triggered a broader provincial check on coal-fired power plants.

Environmental Damage
Since Apr 14, 2016

Datang International Power Generation’s Baoding thermal power plant in Hebei province burned 547,100 tonnes of coal in 2018 that failed to meet environmental standards, according to a 2019 Chinese ministry inspection. The use of substandard coal at an operational plant indicates a failure of environmental controls, directly contributing to higher levels of air and soil contamination from the facility’s emissions and ash waste.

The company’s own social responsibility reports reference regulations for managing environmental protection at construction projects and commitments to repair excavation damage, which implies recognized risks of soil disruption and ecological harm from its operations. This pattern of regulatory violation followed by internal policy statements points to ongoing environmental management issues within its coal-fired power fleet.

Research Sources 1 organization
External

Wondering what we do invest in?

The Naughty List

A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.

RSS feed No spam · Unsubscribe anytime

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.