Nexans

Nexans, headquartered in France and operating in the Other Services industry, has reported significant greenhouse gas (GHG) emissions. In 2024, the company's total reported emissions were approximately 78.98 billion kg CO2e. This figure comprises Scope 1 emissions of about 122.92 million kg CO2e, Scope 2 emissions (market-based) of approximately 101.98 million kg CO2e, and substantial Scope 3 emissions totalling about 78.75 billion kg CO2e. The largest contributor to Nexans's Scope 3 emissions in 2024 was the use of sold products, accounting for roughly 73.78 billion kg CO2e, followed by purchased goods and services at approximately 4.38 billion kg CO2e.

Nexans has established clear climate commitments, aiming for net-zero GHG emissions by 2050, with a base year of 2019. In alignment with this long-term goal, the company has set near-term targets, including a commitment to reduce its absolute Scope 1 and 2 GHG emissions by 46% by 2030, validated by the Science Based Targets initiative (SBTi). The company also aims to reduce its absolute Scope 3 GHG emissions by 30% by 2030, also against a 2019 baseline. Their long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, and a 90% reduction in absolute Scope 3 GHG emissions by the same year. These targets are reported as being compatible with a 1.5°C warming scenario.