Bekaert Sustainability Profile
Bekaert, officially known as NV Bekaert SA, is a global leader in steel wire transformation and coating technologies, headquartered in Belgium. Founded in 1880, the company has established a strong presence in Europe, Asia, and the Americas, serving diverse industries such as construction, automotive, and energy. Bekaert's core offerings include high-quality steel wire products, advanced coatings, and innovative solutions that enhance performance and durability. The company is renowned for its commitment to sustainability and technological innovation, positioning itself as a key player in the wire and cable industry. With a rich history marked by significant milestones, Bekaert continues to achieve notable success, including its recognition for excellence in product quality and customer service. As a trusted partner, Bekaert remains dedicated to delivering unique solutions that meet the evolving needs of its global clientele.
DitchCarbon Score
How does Bekaert's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bekaert's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bekaert's reported carbon emissions
In 2024, Bekaert reported total greenhouse gas emissions of approximately 6,728,351,000 kg CO2e globally, with emissions from Scope 1 at about 252,727,000 kg CO2e and Scope 2 at approximately 1,066,791,000 kg CO2e. Notably, Scope 3 emissions accounted for about 5,408,832,000 kg CO2e, indicating significant upstream impacts primarily from purchased goods and services. Bekaert has set ambitious targets to reduce its carbon footprint. The company aims to achieve a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. This commitment aligns with science-based targets and reflects their strategy to mitigate climate change impacts. Additionally, Bekaert has pledged to reach net-zero emissions for both Scope 1 and Scope 2 by 2050. In terms of regional emissions, Bekaert's operations in Belgium reported Scope 1 emissions of approximately 37,395,000 kg CO2e and Scope 2 emissions of about 6,647,000 kg CO2e in 2024. This data underscores the company's focus on reducing emissions across its global operations while adhering to its sustainability commitments.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 301,971,000 | 000 | 000,000,000 | - | - | - | - | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | - | - | - | - | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Bekaert's Industry?
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Bekaert's Scope 3 Categories Breakdown
Bekaert's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 11% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
Bekaert's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bekaert has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bekaert's sustainability data and climate commitments