Yangtze Optical Fibre And Cable Joint Stock Sustainability Profile
Yangtze Optical Fibre and Cable Joint Stock Company (YOFC) is a leading player in the optical fibre and cable industry, headquartered in Wuhan, China. Founded in 1983, YOFC has established itself as a pioneer in the development and manufacturing of optical communication products, serving both domestic and international markets. The company specialises in a wide range of products, including optical fibres, cables, and related accessories, which are renowned for their high quality and innovative technology. YOFC's commitment to research and development has positioned it as a market leader, with significant achievements in production capacity and technological advancements. With a strong presence in Asia, Europe, and North America, YOFC continues to expand its influence in the telecommunications sector, contributing to the global demand for high-speed communication solutions.
DitchCarbon Score
How does Yangtze Optical Fibre And Cable Joint Stock'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 Furniture 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
Yangtze Optical Fibre And Cable Joint Stock's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yangtze Optical Fibre And Cable Joint Stock's reported carbon emissions
In 2024, Yangtze Optical Fibre And Cable Joint Stock reported carbon emissions of approximately 316,896,840 kg CO2e, all of which fall under Scope 2 emissions. In 2023, the company recorded total emissions of about 389,242,730 kg CO2e, comprising approximately 59,465,890 kg CO2e from Scope 1 and about 329,776,840 kg CO2e from Scope 2. The 2022 emissions were slightly lower, with a total of around 364,710,000 kg CO2e, including approximately 50,279,000 kg CO2e from Scope 1 and about 314,431,000 kg CO2e from Scope 2. Yangtze Optical Fibre has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions intensity by 2028 compared to 2021 levels, specifically targeting Scope 2 emissions. Additionally, the company has pledged to achieve carbon neutrality by 2055, encompassing all scopes of emissions. These targets reflect a long-term commitment to sustainability and align with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Yangtze Optical Fibre And Cable Joint Stock is independently reporting its emissions and climate initiatives.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 50,279,000 | 00,000,000 | - |
| Scope 2 | 314,431,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Yangtze Optical Fibre And Cable Joint Stock's Industry?
How Carbon Intensive is Yangtze Optical Fibre And Cable Joint Stock's Location?
Yangtze Optical Fibre And Cable Joint Stock'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.
Yangtze Optical Fibre And Cable Joint Stock 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.
