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Ningbo Orient Wires & Cables Co Ltd

Common Name
Ningbo Orient Wires & Cables
Country
China (Mainland)
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
1,493
Ticker
603606
Exchange
SHANGHAI STOCK EXCHANGE
Description
Ningbo Orient Wires & Cables Co., Ltd. is a prominent Chinese manufacturer specializing in the production and distribution of wires and cables. The company's offerings are vital for electrical infrast...

Ningbo Orient Wires & Cables's GHG Emissions Data Preview

In 2024, Ningbo Orient Wires & Cables completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Ningbo Orient Wires & Cables has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Ningbo Orient Wires & Cables’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ningbo Orient Wires & Cables’s data sources below and access millions more through our Disclosure Search.

a. Ningbo Orient Wires & Cables's ESG Report 2024
a. Ningbo Orient Wires & Cables's ESG Report 2024

Insights into Ningbo Orient Wires & Cables's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNingbo Orient Wires & Cables amounted to3,327.05metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Ningbo Orient Wires & Cablesdecreased by 90.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Ningbo Orient Wires & Cables's Scope 1 Emissions Over Time

2022202320240200400600800tCO2e+57%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Ningbo Orient Wires & Cables's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ningbo Orient Wires & Cables were 538.18 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Ningbo Orient Wires & Cables reduced its Scope 1 emissions over time?

Since 2022, Ningbo Orient Wires & Cables's Scope 1 emissions have increased by 23.5%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Ningbo Orient Wires & Cables's Scope 1 emissions decreased by 21.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Ningbo Orient Wires & Cables's Scope 2 emissions?

In 2024, Ningbo Orient Wires & Cables reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 2,788.87 tCOâ‚‚e using the location-based method.a

What methodology does Ningbo Orient Wires & Cables use for Scope 2 reporting?

In 2024, Ningbo Orient Wires & Cables reported its Scope 2 emissions using the market-based method and using the location-based method.a

Ningbo Orient Wires & Cables's Scope 2 Emissions Over Time

20222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ningbo Orient Wires & Cables's Value Chain Emissions

In 2024, Ningbo Orient Wires & Cables reported 2,788,730.71 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Ningbo Orient Wires & Cables includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Ningbo Orient Wires & Cables's Scope 3 Emissions Over Time

202320240700 k1.4 M2.1 M2.8 MtCO2e+2%
  • Total Scope 3
  • Year-over-Year Change

What are Ningbo Orient Wires & Cables's Scope 3 emissions?

In 2024, Ningbo Orient Wires & Cables reported total Scope 3 emissions of 2,788,730.71 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 28.27%of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.73%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Ningbo Orient Wires & Cables's Scope 3 emissions remained relatively stable, indicating that Ningbo Orient Wires & Cables's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Ningbo Orient Wires & Cables disclose?

In 2024, Ningbo Orient Wires & Cables reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Ningbo Orient Wires & Cables's Scope 3 emissions?

In 2024, the largest contributors to Ningbo Orient Wires & Cables's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 1,952,195.39 tCOâ‚‚e(70%)
  • Purchased Goods and Services (Cat. 1): 730,965.01 tCOâ‚‚e(26.21%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 40,616.45 tCOâ‚‚e(1.46%)

Ningbo Orient Wires & Cables's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(26.2%)End-of-LifeTreatment of SoldProducts (Cat. 12)(1.5%)Use of Sold Products(Cat. 11)(70.0%)

Insights into Ningbo Orient Wires & Cables’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ningbo Orient Wires & Cables reported Scope 1 greenhouse gas (GHG) emissions of 538.18 tCOâ‚‚e and total revenues of USD 1,246 millions. This translates into an emissions intensity of 0.43 tCOâ‚‚e per millions USD.a

Ningbo Orient Wires & Cables's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)HGQXZSCTGHXSanxing MedicalYear: 2024Scope 1: 1,501 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MContemporary Amperex TechnologyYear: 2024Scope 1: 2,401,702 tCO2eRevenue: $M 49,604Scope 1 Intensity: 48.42 tCO2e/$MWolong Electric GroupYear: 2024Scope 1: 2,864 tCO2eRevenue: $M 2,226Scope 1 Intensity: 1.29 tCO2e/$MHHHongfa TechnologyYear: 2024Scope 1: 9,187 tCO2eRevenue: $M 1,932Scope 1 Intensity: 4.75 tCO2e/$MSungrow Power SupplyYear: 2024Scope 1: 6,426 tCO2eRevenue: $M 10,667Scope 1 Intensity: 0.60 tCO2e/$MGGGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$MChina Southern Power Grid TechnologyYear: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 4,142Scope 1 Intensity: 67.44 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MQQQingdao TGOOD ElectricYear: 2024Scope 1: 5,210 tCO2eRevenue: $M 2,107Scope 1 Intensity: 2.47 tCO2e/$MXXXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MZZZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MSUPCON TechnologyYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 1,213Scope 1 Intensity: 0.87 tCO2e/$MZhejiang Narada Power SourceYear: 2023Scope 1: 333 tCO2eRevenue: $M 2,064Scope 1 Intensity: 0.16 tCO2e/$MSSState Grid YingdaYear: 2024Scope 1: 675 tCO2eRevenue: $M 1,547Scope 1 Intensity: 0.44 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MCCChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MTTTbeaYear: 2024Scope 1: 21,620,963 tCO2eRevenue: $M 13,410Scope 1 Intensity: 1,612.32 tCO2e/$MGGGoneo GroupYear: 2024Scope 1: 3,325 tCO2eRevenue: $M 2,306Scope 1 Intensity: 1.44 tCO2e/$MHHHenan Pinggao ElectricYear: 2024Scope 1: 10,671 tCO2eRevenue: $M 1,699Scope 1 Intensity: 6.28 tCO2e/$MXXXj ElectricYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 2,342Scope 1 Intensity: 0.90 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$MNingbo Orient Wires & CablesYear: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$M

How does Ningbo Orient Wires & Cables's GHG emissions intensity compare to its peers?

In 2024, Ningbo Orient Wires & Cables reported a Scope 1 emissions intensity of 0.43 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Ningbo Orient Wires & Cables rank on GHG emissions intensity within its industry?

In 2024, Ningbo Orient Wires & Cables ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Ningbo Orient Wires & Cables among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Ningbo Orient Wires & Cables's Total Carbon Footprint

In 2024, Ningbo Orient Wires & Cables reported a total carbon footprint of 2,792,057.76 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.3% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Ningbo Orient Wires & Cables's total carbon footprint was Scope 3 emissions, accounting for 99.88% of the company's total carbon footprint, followed by Scope 2 emissions at 0.1%.a

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