Nexans SA

Common Name
Nexans
Country
France
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
28,500
Ticker
NEX
Exchange
EURONEXT
Description
Nexans S.A. is a multinational company specializing in the manufacturing of cables and cabling systems for various industries. As a key player in the electrical engineering sector, it produces solutio...

Nexans's Climate Target Data Preview

As of 2024, Nexans has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, 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 Nexans ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Nexans's Greenhouse Gas Emissions Pathways

As of 2024, Nexans 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.

Does Nexans have a target to reduce the emissions from its operations?

As of 2024, Nexans has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Nexans's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 362,220 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Nexans is ahead of schedule on its operational emissions reduction target, having achieved 42.12% of the planned reduction.

Nexans's Operational (Scope 1+2) Emissions Pathway

2019202420302050095 k190 k285 k380 kBaselineCurrent (-38%)Target 2050 (-90%)

Does Nexans have a target to reduce the emissions from its value chain?

As of 2024, Nexans has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

Nexans's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 131,289,113 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Nexans is ahead of schedule on its value chain emissions reduction target, having achieved 44.46% of the planned reduction.

Nexans's Value Chain (Scope 3) Emissions Pathway

2019202420302050035 M70 M105 M140 MBaselineCurrent (-40%)Target 2050 (-90%)

Does Nexans have a target to reduce its total carbon footprint?

As of 2024, Nexans has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Nexans's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 615,507 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 21% by 2024.

Nexans has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2024 value, achieving its climate goal ahead of schedule.

Nexans's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2019202420240200 k400 k600 k800 kBaselineCurrent (-30%)
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