Nexans
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 86 is higher than 93% 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 2023, Nexans reported total greenhouse gas emissions of approximately 75,955,212,000 kg CO2e. This includes Scope 1 emissions of about 111,657,000 kg CO2e, Scope 2 emissions of approximately 93,617,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 75,749,939,000 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). Additionally, the company is committed to achieving net-zero emissions across all scopes by 2050. For Scope 3 emissions, Nexans aims for a reduction of 30% by 2030, with a long-term goal of a 90% reduction by 2050. These commitments reflect Nexans's proactive approach to addressing climate change and its dedication to sustainable practices within the electrical equipment and machinery sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Scope 2 | 234,794,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 37,248,000 | 00,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nexans is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
