Riyadh Cables Group Company Sustainability Profile
Riyadh Cables Group Company, a leading name in the cable manufacturing industry, is headquartered in Saudi Arabia. Established in 1976, the company has grown to become a key player in the Middle East, with significant operations across the region. Riyadh Cables specialises in producing a wide range of high-quality cables, including power, telecommunication, and industrial cables, distinguished by their innovative technology and adherence to international standards. With a commitment to excellence, Riyadh Cables has achieved numerous milestones, including certifications from global quality assurance bodies. The company’s robust market position is underscored by its extensive product portfolio and a reputation for reliability, making it a preferred choice for various sectors, including construction, energy, and telecommunications.
DitchCarbon Score
How does Riyadh Cables Group Company'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
Riyadh Cables Group Company's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Riyadh Cables Group Company's reported carbon emissions
In 2023, Riyadh Cables Group Company (RCGC) reported total carbon emissions of approximately 116,896,000 kg CO2e. This figure includes 36,828,000 kg CO2e from Scope 1 emissions, 80,005,000 kg CO2e from Scope 2 emissions, and 62,000 kg CO2e from Scope 3 emissions. RCGC is committed to significant carbon reduction initiatives, targeting both Scope 1 and Scope 2 emissions. The company aims to facilitate a greener energy future by actively pursuing these reduction targets from 2023 to 2030. While specific percentage reductions have not been disclosed, the overarching goal is to contribute to a more sustainable value chain. Additionally, RCGC is aligned with broader regional climate commitments, including Saudi Arabia's target to build 58.7 GW of renewable energy capacity by 2030, which aims to produce 50% of its electricity with zero carbon emissions. This commitment reflects the company's dedication to reducing its carbon footprint and supporting the transition to renewable energy sources. Overall, RCGC's climate commitments and emissions data underscore its proactive approach to sustainability within the cable manufacturing industry.
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| 2023 | |
|---|---|
| Scope 1 | 36,828,000 |
| Scope 2 | 80,005,000 |
| Scope 3 | 62,000 |
How Carbon Intensive is Riyadh Cables Group Company's Industry?
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Riyadh Cables Group Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Riyadh Cables Group Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
