Oman Cables races ahead towards sustainability targets in line with Sultanate’s 2050 net-zero carbon vision

  • Date: 08-Nov-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Oman
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Oman Cables races ahead towards sustainability targets in line with Sultanate’s 2050 net-zero carbon vision

Muscat: Oman Cables Industry (OCI), Oman’s leading manufacturer of industrial cables, has reiterated its commitment to the Sultanate’s carbon neutrality vision and 2050 net-zero carbon plan. Setting ambitious carbon reduction targets for its portfolio and operations to achieve net-zero carbon emissions across all scopes by 2050, Oman Cables’ roadmap is supported by consistent policies and actionable plans, with numerous projects underway in line with the Sultanate’s national goals including the recent green, hydrogen-based transition.

Oman Cables commitment to the Sultanate’s national net-zero by 2050 plan is aligned with how the manufacturer has been incorporating ESG considerations – with a focus on Environmental and Social Governance – into investment decisions for more than a decade. The industry leader has highlighted the importance of basing long-term investment returns and its performance portfolio on the ability to adapt to a global economy which has pledged to Net-Zero.

Cinzia Farisè, CEO of Oman Cables, said: “We are proud to announce that Oman Cables is successfully on track to achieve its net-zero objectives as we renew our commitment to the Sultanate’s national 2050 vision. With COP27 fast approaching, the focus on sustainable action has rightly increased, but Oman Cables has been continuously working towards improving sustainability performance