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OrganisationsHellenic Cables
Hellenic Cables logo

Hellenic Cables

Electrical Machinery ManufacturingGreece
Last verified 10 days agohellenic-cables.com

Hellenic Cables, a prominent player in the electrical machinery and apparatus sector, is headquartered in Greece (GR) and operates extensively across Europe and beyond. Founded in 1950, the company has established itself as a leader in the production of high-quality cables and related products, catering to various industries including energy, telecommunications, and construction.

With a diverse portfolio that includes power cables, telecommunication cables, and special cables, Hellenic Cables is renowned for its commitment to innovation and sustainability. The company’s state-of-the-art manufacturing facilities and adherence to international standards set it apart in a competitive market. Notably, Hellenic Cables has achieved significant milestones, reinforcing its position as a trusted supplier in the electrical machinery industry.

32
DitchCarbon score

-5 vs industry average

Hellenic Cables’s score of 32 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Electrical Machinery Manufacturing has above-average carbon intensity

Industry performance

0.315
20182025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2025

00.0M00.0M00M00.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hellenic Cables's reported carbon emissions

Hellenic Cables, headquartered in Greece and operating in the electrical machinery and apparatus sector, has outlined significant climate commitments. The company aims for a 50% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, using a 2020 baseline year. Additionally, Hellenic Cables is targeting a 25% reduction in absolute Scope 3 GHG emissions by the same year and deadline.

For the reporting year 2022, Hellenic Cables reported a total of approximately 49.12 million kg CO2e for its combined Scope 1 and 2 emissions. This comprises approximately 14.41 million kg CO2e from Scope 1 (stationary combustion) and approximately 34.72 million kg CO2e from Scope 2 (purchased electricity).

In 2021, the company's combined Scope 1 and 2 emissions were approximately 50.01 million kg CO2e, with Scope 1 accounting for about 15.47 million kg CO2e and Scope 2 for approximately 34.54 million kg CO2e.

The previous year, 2020, saw combined Scope 1 and 2 emissions totalling approximately 50.49 million kg CO2e. Of this, Scope 1 emissions were approximately 13.80 million kg CO2e, and Scope 2 emissions were approximately 36.69 million kg CO2e.

It is important to note that the provided emissions data for Hellenic Cables only covers Scope 1 and Scope 2. Data for Scope 3 emissions, such as purchased goods and services, is not currently available.

The emissions data for Hellenic Cables is cascaded from its parent company, Hellenic Cables Holdings S.A. This means that performance data is inherited from this higher entity.

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Hellenic Cables’s Climate Goals (2030 & 2050)

9 goals

2030

100% reduction in Scope 2

Hellenic Cables commits to increase annual sourcing of renewable electricity from 80% in 2025 to 100% by 2030.

Insufficient data100%

2050

90% reduction in Scope 1

Hellenic Cables commits to reduce absolute scopes 1, 2 and 3 GHG emissions 90% by 2050 from a 2020 base year.

Insufficient data90%

2050

90% reduction in scope 3 total

Hellenic Cables commits to reduce absolute scopes 1, 2 and 3 GHG emissions 90% by 2050 from a 2020 base year.

Insufficient data90%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hellenic Cables logoHellenic Cables
GRElectrical Machinery Manufacturing
10 days ago
32
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
3 hours ago
100
View
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
2 days ago
100
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
5 days ago
88
View
Te Connectivity logoTe Connectivity
IEElectronic Connector Manufacturing
7 days ago
85
View
Eaton logoEaton
IEElectrical Machinery Manufacturing
1 day ago
67
View
Belden Incorporated logoBelden Incorporated
USElectrical Machinery Manufacturing
7 days ago
64
View

Frequently asked questions

Common questions about Hellenic Cables’s sustainability data and climate commitments

Hellenic Cables' total carbon emissions for 2022 are estimated to be around 49 million kg CO₂e, based on reported Scope 1 and 2 emissions. The company emitted approximately 14.4 million kg CO₂e from Scope 1 (stationary combustion) and roughly 34.7 million kg CO₂e from Scope 2 (purchased electricity). This data, inherited from its parent company, highlights the company's significant greenhouse gas footprint within the electrical machinery and apparatus sector. Monitoring these emissions helps stakeholders understand its environmental impact and progress toward climate goals.

Data year: 2022

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