Bekaert Sustainability Profile
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 55 is higher than 76% 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 2024, Bekaert reported significant carbon emissions, with Scope 1 emissions totalling approximately 30860000 kg CO2e in the US, 66898000 kg CO2e in China, and 37395000 kg CO2e in Belgium. Scope 2 emissions were reported as approximately 24035000 kg CO2e in the US, 672438000 kg CO2e in China, and 6647000 kg CO2e in Belgium. Globally, Bekaert's total emissions reached about 6728351000 kg CO2e, with Scope 1 at 252727000 kg CO2e, Scope 2 at 1066791000 kg CO2e, and Scope 3 emissions at 5408832000 kg CO2e. Bekaert has set ambitious climate commitments, aiming to reduce its combined Scope 1 and Scope 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the baseline year. This target aligns with science-based targets and reflects the company's commitment to sustainability. Additionally, Bekaert aims to achieve net-zero emissions for both Scope 1 and Scope 2 by 2050. The company has also committed to reducing its Scope 3 emissions from purchased goods and services by 19.7% by 2035, further demonstrating its comprehensive approach to tackling climate change. These initiatives are part of Bekaert's broader strategy to enhance its environmental performance and contribute to global climate goals.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 301,971,000 | 000 | 000,000,000 | - | - | - | - | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | - | - | - | - | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Bekaert's Scope 3 Categories Breakdown
Bekaert's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 11% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
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Bekaert's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bekaert has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bekaert's sustainability data and climate commitments