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 GHG Emissions Data Preview

In 2024, Nexans completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Nexans has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nexans amounted to 265,726 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nexans increased by 0.99%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Nexans's Scope 1 Emissions Over Time

20192021202220232024035 k70 k105 k140 ktCO2e-8%+11%-11%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Nexans's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nexans were 122,924 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nexans reduced its Scope 1 emissions over time?

Since 2019, Nexans's Scope 1 emissions have decreased by 1.79%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Nexans's Scope 1 emissions increased by 7.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Nexans's Scope 2 emissions?

In 2024, Nexans reported Scope 2 greenhouse gas (GHG) emissions of 101,975 tCOâ‚‚e using the market-based method, and 142,802 tCOâ‚‚e using the location-based method.

Has Nexans reduced its Scope 2 emissions over time?

Since 2019, Nexans's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.88%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Nexans's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nexans 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Nexans use for Scope 2 reporting?

In 2024, Nexans reported its Scope 2 emissions using the market-based method and using the location-based method.

Nexans's Scope 2 Emissions Over Time

20192021202220232024060 k120 k180 k240 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nexans's Value Chain Emissions

In 2024, Nexans reported 78,754,386 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Nexans includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Nexans's Scope 3 Emissions Over Time

20192021202220232024035 M70 M105 M140 MtCO2e-18%-20%+5%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Nexans's Scope 3 emissions?

In 2024, Nexans reported total Scope 3 emissions of 78,754,386 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.05% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.95% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Nexans reduced its Scope 3 emissions over time?

Since 2019, Nexans's Scope 3 emissions have decreased by 40.01%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Nexans's Scope 3 emissions decreased by 12.31%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Nexans disclose?

In 2024, Nexans reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Nexans's Scope 3 emissions?

In 2024, the largest contributors to Nexans's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 73,779,627 tCOâ‚‚e (93.68%)
  • Purchased Goods and Services (Cat. 1): 4,380,043 tCOâ‚‚e (5.56%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 192,802 tCOâ‚‚e (0.24%)

Nexans's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(93.7%)Purchased Goods andServices (Cat. 1)(5.6%)

Insights into Nexans's Total Carbon Footprint

In 2024, Nexans reported a total carbon footprint of 79,020,112 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.28% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Nexans's total carbon footprint was Scope 3 emissions, accounting for 99.66% of the company's total carbon footprint, followed by Scope 2 emissions at 0.18%.

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