Nexans

Nexans, headquartered in France and operating in the "Other services (93)" sector, reported a total of approximately 78.98 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Specifically, for 2024, Scope 1 emissions were approximately 122.92 million kg CO2e. Scope 2 emissions, using the market-based approach, totalled about 101.98 million kg CO2e, while the location-based calculation reported approximately 142.80 million kg CO2e. Scope 3 emissions were substantial, amounting to roughly 78.75 billion kg CO2e. The largest contributor to Scope 3 emissions was the "use of sold products," accounting for approximately 73.78 billion kg CO2e, followed by "purchased goods and services" at about 4.38 billion kg CO2e.

In 2023, Nexans reported total emissions of approximately 90.05 billion kg CO2e, with Scope 1 at around 114.28 million kg CO2e, Scope 2 (market-based) at approximately 122.62 million kg CO2e, and Scope 3 at about 89.81 billion kg CO2e.

Nexans has established significant climate commitments, including a target to reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as the base year. This target is validated by the Science Based Targets initiative (SBTi) and is intended to be compatible with a 1.5°C scenario. Furthermore, Nexans is committed to achieving Net-Zero emissions across its value chain by 2050, also with a 2019 baseline. The company has also committed to reducing its absolute Scope 3 GHG emissions by 30% by 2030. Longer-term, Nexans aims for a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050 from its 2019 baseline.