Bekaert
Bekaert, officially known as NV Bekaert SA, is a global leader in steel wire transformation and coating technologies, headquartered in Belgium. Founded in 1880, the company has established a strong presence in Europe, Asia, and the Americas, serving diverse industries such as construction, automotive, and energy. Bekaert's core offerings include high-quality steel wire products, advanced coatings, and innovative solutions that enhance performance and durability. The company is renowned for its commitment to sustainability and technological innovation, positioning itself as a key player in the wire and cable industry. With a rich history marked by significant milestones, Bekaert continues to achieve notable success, including its recognition for excellence in product quality and customer service. As a trusted partner, Bekaert remains dedicated to delivering unique solutions that meet the evolving needs of its global clientele.
DitchCarbon Score
How does Bekaert'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 Metal Fabrication 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
Bekaert's score of 72 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bekaert's reported carbon emissions
In 2023, Bekaert reported significant carbon emissions, with total emissions amounting to approximately 6,919,556,000 kg CO2e. This figure includes 239,594,000 kg CO2e from Scope 1 emissions and 1,100,383,000 kg CO2e from Scope 2 emissions, while Scope 3 emissions accounted for about 5,447,644,000 kg CO2e. Bekaert has set ambitious climate commitments, aiming for Carbon Net Zero by 2050 for both Scope 1 and Scope 2 emissions. In the near term, the company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the baseline year. Additionally, Bekaert plans to reduce Scope 3 emissions from purchased goods and services by 19.7% by 2035, also from a 2019 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect Bekaert's commitment to sustainable practices in the mining and metals sector, headquartered in Belgium. The company is actively working towards these goals to mitigate its environmental impact and contribute to global climate efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,474,717,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 1,300,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bekaert is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
