Nexans

Nexans's reported carbon emissions

In 2024, Nexans reported total greenhouse gas emissions of approximately 78.0 billion kg CO2e, comprising 122,924,000 kg CO2e from Scope 1, 101,975,000 kg CO2e from Scope 2, and a significant 78.8 billion kg CO2e from Scope 3 emissions. This represents a notable reduction from 2023, where total emissions were approximately 90.1 billion kg CO2e. Nexans has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 46.2% by 2030, using 2019 as the base year. This target is aligned with a 1.5°C scenario and has been validated by the Science Based Targets initiative (SBTi). Additionally, the company is committed to achieving net-zero emissions across all scopes by 2050. The breakdown of emissions for 2024 includes: - Scope 1: 122,924,000 kg CO2e - Scope 2: 101,975,000 kg CO2e - Scope 3: 78,754,386,000 kg CO2e Nexans's long-term strategy includes a further reduction target of 90% for both Scope 1 and 2 emissions by 2050, alongside a 90% reduction in Scope 3 emissions. These initiatives reflect Nexans's commitment to sustainability and its proactive approach to addressing climate change.