Hengtong Submarine Power Cable
Hengtong Group, commonly known as Hengtong, is a leading player in the global submarine power cable industry, headquartered in China (CN). Established in 1993, the company has made significant strides in the energy sector, focusing on the research, development, and manufacturing of high-quality submarine cables and related products. With a strong presence in major operational regions across Asia, Europe, and beyond, Hengtong has positioned itself as a key supplier for offshore wind farms and interconnection projects. The company’s core offerings include advanced submarine power cables, which are distinguished by their innovative design and superior performance. Hengtong's commitment to quality and sustainability has earned it a notable reputation, making it a preferred choice for clients seeking reliable and efficient energy solutions.
DitchCarbon Score
How does Hengtong Submarine Power Cable's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hengtong Submarine Power Cable's score of 30 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hengtong Submarine Power Cable's reported carbon emissions
In 2023, Hengtong Submarine Power Cable reported total carbon emissions of approximately 78,607,870 kg CO2e for Scope 1 and about 307,216,080 kg CO2e for Scope 2, resulting in a combined total of around 385,822,960 kg CO2e. This reflects a slight decrease from 2022, where emissions were approximately 80,297,400 kg CO2e for Scope 1 and about 258,891,740 kg CO2e for Scope 2, leading to a total of around 339,189,140 kg CO2e. Hengtong has set ambitious reduction targets, aiming for a 50% reduction in carbon dioxide emissions per RMB 10,000 output value by 2028 compared to 2020 levels, specifically for Scope 2 emissions. Additionally, the company is striving for a 40% reduction in comprehensive energy consumption per RMB 10,000 output value by 2028, focusing on Scope 1 emissions. These initiatives demonstrate Hengtong's commitment to improving its environmental performance and addressing climate change. The emissions data is sourced directly from Hengtong Group Co., Ltd, with no cascaded data from parent or related organizations. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 80,297,400 | 00,000,000 |
| Scope 2 | 258,891,740 | 000,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hengtong Submarine Power Cable is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
