Nexans

Nexans, headquartered in France and operating in the Other Services industry, reported total carbon emissions of approximately 78.98 billion kg CO2e in 2024. This includes about 122.92 million kg CO2e from Scope 1, 101.98 million kg CO2e from Scope 2 (market-based), and 78.75 billion kg CO2e from Scope 3 emissions.

Looking back, Nexans's total emissions were approximately 90.05 billion kg CO2e in 2023, 86.05 billion kg CO2e in 2022, and 107.89 billion kg CO2e in 2021. The significant majority of their emissions consistently fall under Scope 3, with categories such as 'Use of sold products' (73.78 billion kg CO2e in 2024) and 'Purchased goods and services' (4.38 billion kg CO2e in 2024) being the largest contributors.

Nexans is committed to ambitious climate targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve Net-Zero greenhouse gas emissions across its value chain by 2050, with a 2019 base year. Near-term targets include a 46.2% absolute reduction in Scope 1 and 2 GHG emissions by 2030, and a 30% absolute reduction in Scope 3 GHG emissions within the same timeframe. Long-term targets, also by 2050 from a 2019 base year, include a 90% reduction in absolute Scope 1 and 2 GHG emissions and a 90% reduction in absolute Scope 3 GHG emissions. These targets are consistent with reductions required to keep warming to 1.5°C.