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 total carbon emissions of approximately 6.7 billion kg CO2e, comprising 252,727,000 kg CO2e from Scope 1, 1,066,791,000 kg CO2e from Scope 2, and 5,408,832,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to significantly reduce its carbon footprint, aiming for near-zero emissions in both Scope 1 and Scope 2 by 2025. Additionally, Bekaert is committed to a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. For Scope 3 emissions, the target is a 19.7% reduction by 2035, also compared to 2019 levels. Bekaert's long-term commitment includes achieving net-zero emissions for both Scope 1 and Scope 2 by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to addressing climate change and reducing greenhouse gas emissions across its operations. The emissions data is sourced directly from NV Bekaert SA, with no cascaded data from parent organizations.
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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
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