Hellenic Cables
Hellenic Cables, a prominent player in the cable manufacturing industry, is headquartered in Greece (GR) and operates extensively across Europe and the Mediterranean region. Founded in 1950, the company has established itself as a leader in the production of high-quality cables and wires, catering to various sectors including energy, telecommunications, and construction. With a diverse portfolio that includes power cables, telecommunication cables, and special cables, Hellenic Cables is renowned for its innovative solutions and commitment to sustainability. The company has achieved significant milestones, including certifications that underscore its dedication to quality and environmental responsibility. As a key supplier in the market, Hellenic Cables continues to enhance its position through strategic investments and a focus on technological advancement, making it a trusted choice for clients seeking reliable and efficient cable solutions.
DitchCarbon Score
How does Hellenic Cables'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
Hellenic Cables's score of 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hellenic Cables's reported carbon emissions
In 2022, Hellenic Cables reported total greenhouse gas emissions of approximately 49,120,000 kg CO2e, with emissions from Scope 1 and Scope 2 combined. The breakdown includes about 11,000,000 kg CO2e from Scope 1 and approximately 34,716,000 kg CO2e from Scope 2, specifically from purchased electricity. In 2021, the company recorded total emissions of about 50,008,000 kg CO2e, with Scope 1 emissions at approximately 17,356,000 kg CO2e and Scope 2 emissions at around 34,412,000 kg CO2e. The previous year, 2020, saw total emissions of about 50,491,000 kg CO2e, with Scope 1 emissions at approximately 16,463,000 kg CO2e and Scope 2 emissions at around 36,594,000 kg CO2e. Hellenic Cables has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and Scope 2 emissions, as well as a 25% reduction in absolute Scope 3 emissions by 2030, using 2020 as the baseline year. These targets reflect the company's commitment to sustainability and reducing its carbon footprint in the cable manufacturing industry.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 16,463,000 | 00,000,000 | - |
| Scope 2 | 36,594,000 | 00,000,000 | 00,000,000 |
| 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.
Hellenic Cables is participating in some 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.
