As of 2025, BEL has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into BEL's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -12%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -34%a | 2025 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) | -30%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -18%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -55%a | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -18%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -76%a | 2035 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -26%a | 2035 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -25%a | 2035 |
Intensity-based Target | Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured | -30%a | 2030 |
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As of 2025, BEL has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, BEL has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
BEL's most ambitious operational target is to reduce these emissions by 75.6% by 2035, compared to a baseline of 178,576 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.a
As of 2025, BEL is ahead of schedule on its operational emissions reduction target, having achieved 54.13% of the planned reduction.a
As of 2025, BEL has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
BEL's most ambitious value chain target is to reduce these emissions by 25% by 2035, compared to a baseline of 4,281,348 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017.a
BEL has already surpassed its value chain emissions reduction target, with 2025 levels falling below the 2035 value, achieving its climate goal ahead of schedule.a
As of 2025, BEL has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
BEL's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 4,459,924 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017, by 26.2% by 2035.a
As of 2025, BEL is lagging behind on its total carbon footprint reduction target, having achieved 23.44% of the planned reduction.a