In 2024, Nexans was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Nexans has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Nexans are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, Nexans reported EU Taxonomy-eligible revenues of EUR 3.11 billion, representing 36.3% of its total turnover. Of this amount, EUR 1.93 billion of Nexans's revenues was classified as EU Taxonomy-aligned, indicating that 22.6% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Nexans's taxonomy-aligned revenues increased by 352%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Nexans's taxonomy-aligned revenues decreased by 1.74% , suggesting that Nexans may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, Nexans reported that EUR 3.11 billion of its revenue was eligible under the EU Taxonomy, representing 36.3% of the company's total turnover. Of this amount, EUR 1.93 billion (22.6% of total revenue) was classified as Taxonomy-aligned. This means that 13.7% of Nexans's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, Nexans reported that EUR 1.93 billion of its revenue was aligned under the EU Taxonomy, representing 22.6% of its total turnover.
This moderate level of alignment indicates that Nexans has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Nexans reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Nexans reported that EUR 1.93 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 22.6% of the company's total revenue, indicating that Nexans has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Nexans reported EU Taxonomy-eligible CAPEX of EUR 413.42 million, representing 55.8% of its total CAPEX. Of this amount, EUR 364.65 million of Nexans's CAPEX was classified as EU Taxonomy-aligned, indicating that 49.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Nexans's taxonomy-aligned capital expenditure (CAPEX) increased by 26.15%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Nexans's taxonomy-aligned CAPEX decreased by 18%, suggesting that Nexans may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Nexans reported that EUR 413.42 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 55.8% of the company's total CAPEX. Of this amount, EUR 364.65 million (49.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 6.6% of Nexans's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Nexans reported that EUR 364.65 million of its CAPEX was aligned under the EU Taxonomy, representing 49.2% of its total capital investment.
This moderate level of alignment indicates that Nexans is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Nexans reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Nexans allocated EUR 364.57 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 49.2% of the company's total capital expenditure, indicating that Nexans is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Nexans reported EU Taxonomy-eligible OPEX of EUR 161.49 million, representing 34.5% of its total operating expenses (OPEX). Of this amount, EUR 97.13 million of Nexans's OPEX was classified as EU Taxonomy-aligned, indicating that 20.7% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, Nexans's taxonomy-aligned operating expenditure (OPEX) increased by 107%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Nexans's taxonomy-aligned OPEX decreased by 20.38%, suggesting that Nexans may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Nexans reported that EUR 161.49 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 34.5% of the company's total OPEX. Of this amount, EUR 97.13 million (20.7% of total OPEX) was classified as Taxonomy-aligned. This means that 13.7% of Nexans's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, Nexans reported that EUR 97.13 million of its OPEX was aligned under the EU Taxonomy, representing 20.7% of its total operational expenditure.
This moderate level of alignment indicates that Nexans is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Nexans reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Nexans allocated EUR 96.93 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 20.7% of the company's total OPEX, indicating that Nexans is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.