Oman Cables Industry commits to sustainability; identifies 50 sustainable projects

  • Date: 31-Jul-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:Oman
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Oman Cables Industry commits to sustainability; identifies 50 sustainable projects

Oman Cables Industry (OCI), along with its strategic partner Prysmian Group, has identified 50 sustainable projects over the next three years and approved dedicated green investments for 2023.

OCI aims to contribute effectively to the ambitious target of Prysmian Group: to cut scope 1 and 2 emissions by 47% and scope 3 emissions by 28% by 2030, compared to the baseline of 2019.

Long-term goals involve achieving a 90% reduction in scope 1 and 2 emissions by 2035 and scope 3 emissions by 2050. The group is also advancing a circular economy roadmap, prioritising sustainable revenue streams and increasing the use of recycled content.

Gender parity

Oman Cables has also set clear targets to enhance gender representation in the workforce and aims to participate effectively to Prysmian Group target to increase the percentage of women to 47-49% by 2025 and 50% by 2030.

OCI’s dedication to sustainability has been integral to its growth strategy, leading to the Climate Change Ambition and adherence to the Science Based Target initiatives in 2021.

Unveiling its vision for a sustainable future, OCI highlighted the group's dedication to environmental responsibility, social progress and innovation.

The Sustainability Day event took place recently and brought together industry leaders from across the GCC region. OCI,