Nexans

Nexans, a company headquartered in France operating in the "Other services (93)" industry, has reported its carbon emissions for recent years, alongside ambitious climate commitments.

For the year 2024, Nexans recorded total emissions of approximately 78.98 billion kg CO2e. This figure comprises about 122.92 million kg CO2e for Scope 1 emissions, and roughly 101.98 million kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions were the largest contributor, amounting to approximately 78.75 billion kg CO2e. Within Scope 3, the use of sold products was the most significant category, accounting for about 73.78 billion kg CO2e.

In 2023, Nexans's total emissions were around 90.05 billion kg CO2e. This included Scope 1 emissions of approximately 114.28 million kg CO2e, and Scope 2 emissions of about 122.62 million kg CO2e (market-based). Scope 3 emissions totalled approximately 89.81 billion kg CO2e.

Nexans has established clear climate targets, validated by the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as a base year. This target is compatible with a 1.5°C scenario. Furthermore, Nexans has committed to reducing its absolute Scope 3 GHG emissions by 30% within the same timeframe. Looking towards a long-term vision, Nexans is committed to achieving net-zero emissions across its value chain by 2050. The company also has a long-term target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050, and absolute Scope 3 GHG emissions by 90% by 2050, both from a 2019 base year. Nexans is currently on track to meet its near-term and long-term targets.