Nexans Sustainability Profile
Nexans, a global leader in cabling and connectivity solutions, is headquartered in France and operates extensively across Europe, North America, and Asia. Founded in 2000, the company has established itself in the electrical and telecommunications industries, providing innovative products and services that cater to a diverse range of sectors, including energy, construction, and transportation. Nexans offers a comprehensive portfolio of cables, connectivity systems, and services, distinguished by their commitment to sustainability and advanced technology. The company has achieved significant milestones, including pioneering developments in smart grid solutions and renewable energy applications. With a strong market position, Nexans continues to drive progress in the industry, focusing on enhancing connectivity and efficiency for its clients worldwide.
DitchCarbon Score
How does Nexans'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 Other Services 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
Nexans's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nexans's reported carbon emissions
In 2024, Nexans reported total greenhouse gas emissions of approximately 78,979,285,000 kg CO2e. This includes Scope 1 emissions of about 122,924,000 kg CO2e, Scope 2 emissions of approximately 101,975,000 kg CO2e (market-based), and a significant Scope 3 total of around 78,754,386,000 kg CO2e. The combined Scope 1 and 2 emissions totalled about 224,899,000 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). Furthermore, Nexans is committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. In addition to its near-term targets, Nexans has long-term goals to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2050, also from a 2019 base year. These targets encompass land-related emissions and removals from bioenergy feedstocks. Overall, Nexans's climate strategy reflects a strong commitment to sustainability and aligns with industry standards for reducing carbon emissions.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 139,353,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 234,794,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 71,407,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Nexans's Scope 3 Categories Breakdown
Nexans's Scope 3 emissions, which decreased by 12% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 94% of Scope 3 emissions.
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Nexans'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.
Nexans 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 Nexans's sustainability data and climate commitments