Orient Cable
Electrical machinery and equipment manufacturing
Ningbo Orient Cable Co., Ltd. (Stock Code: 603606) is a leading integrated land and subsea cable supplier in China. Committed to connecting land and sea, the company adheres to independent innovation, promotes green development, and plays a proactive role in technological advancement. It provides innovative cable system solutions to global customers and has established three major business segments: power engineering and equipment cables (green power transmission), submarine and high-voltage cables (renewable energy), and marine equipment and engineering services (deep-sea technology). Orient Cable ranks among the world’s top ten most competitive submarine cable enterprises and the Top 100 Main Board Listed Companies in China. It has been recognized as a National Manufacturing Champion and selected as one of Zhejiang Province’s first Digital Future Factories. The company also operates a national-level enterprise technology center, a national postdoctoral research workstation, and an academician workstation.
Climate Targets
Not Disclosed
Carbon Neutral Company
2050
In Progress
Carbon Neutral Supply Chain
Climate Actions
Orient Cable is committed to advancing both global and corporate sustainability, with solid ESG management serving as the foundation and pathway for achieving its sustainability goals. The company prioritizes achieving net-zero decarbonization internally and building a sustainable supply chain across its value chain. It has set ambitious targets: a 95% reduction in Scope 1 and 2 emissions by 2033, and achieving net-zero emissions across the full value chain by 2025.
Climate Milestone
2025
- Received B rating in both Climate and Water Security categories in the assessment published by the Carbon Disclosure Project (CDP), a global environmental information research center.
2024
- Two core suppliers have completed ESG report disclosures; 28 have signed green electricity agreements; five have established energy management systems; and 12 have conducted carbon verification and submitted carbon footprint reports.
- Ningbo Orient Cable has signed the “Blue Carbon Program” with key suppliers of metals, plastics, and auxiliary materials to leverage collaborative innovation across the supply chain and jointly develop zero-carbon and low-carbon products.
- The Science Based Targets initiative (SBTi) has approved the company’s near- and long-term climate goals: By 2025, achieve 100% renewable electricity use.
By 2033, reduce Scope 1 and 2 GHG emissions by 95% and Scope 3 emissions by 55%, compared to 2023 levels.
By 2050, reduce Scope 1, 2, and 3 emissions by 100%, achieving full net-zero across the value chain.2023
- Achieved an annual reduction of 3,818.96 tons of greenhouse gas emissions from operations and completed carbon footprint data collection from 90% of key suppliers.
- Orient Cable’s Future Factory was recognized by the Ministry of Industry and Information Technology as a **national-level green factory.
- The company maintains deep project collaboration with CGN (China General Nuclear Power Group), securing a stable supply of green electricity to support its 100% renewable electricity goal.
- Initiated carbon footprint research projects for recycling stages with core suppliers, and conducted joint assessments on the current status and evaluation methods for raw material carbon footprints.
- Increased investment in green supply chain development, using innovation to lead supply chain decarbonization and energy savings, while improving resource recycling efficiency. In April 2023, the company obtained third-party certification for its green supply chain management system.
- Completed 2023 GHG emissions accounting: total Scope 1 and 2 emissions reached 35,177.19 tCO₂e, with carbon intensity per unit output down 13% compared to 2022.
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