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 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hengtong Submarine Power Cable's reported carbon emissions
In 2023, Hengtong Submarine Power Cable Co., Ltd. reported total greenhouse gas emissions of approximately 385,822,960 kg CO2e, comprising 78,606,870 kg CO2e from Scope 1 and 307,216,080 kg CO2e from Scope 2 emissions. This represents an increase from their 2022 emissions of about 339,189,140 kg CO2e, where Scope 1 accounted for 80,297,400 kg CO2e and Scope 2 for 258,891,740 kg CO2e. Hengtong has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2045. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 54.6% by 2033, using 2022 as the baseline year. Additionally, they plan to cut Scope 3 emissions—covering purchased goods and services, transportation, and product end-of-life—by 61.1% per million RMB value added within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2045, alongside a similar 90% reduction in Scope 3 emissions. These commitments align with industry standards for climate action, reflecting Hengtong's dedication to sustainability and reducing its carbon footprint in the electrical equipment and machinery sector.
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Get Started| 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 committed to some reduction initiatives 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.
