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NV Bekaert SA

Common Name
NV Bekaert
Country
Belgium
Sector
Industrials
Industry
Metal Fabrication
Employees
21,000
Ticker
BEKB
Exchange
EURONEXT
Description
Bekaert NV is a global manufacturing company known for its specialization in advanced steel wire transformation and coatings. With its primary function in developing high-quality steel wire products, ...

NV Bekaert's GHG Emissions Data Preview

In 2024, NV Bekaert 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).

NV Bekaert has also provided a category-level breakdown for 12 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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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind NV Bekaert’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore NV Bekaert’s data sources below and access millions more through our Disclosure Search.

a. NV Bekaert's Annual Report 2024
a. NV Bekaert's Annual Report 2024

Insights into NV Bekaert's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNV Bekaert amounted to1,376,552metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of NV Bekaertdecreased by 7.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

NV Bekaert's Scope 1 Emissions Over Time

201920202021202220232024075 k150 k225 k300 ktCO2e-7%+5%-6%-6%-2%
  • Total Scope 1
  • Year-over-Year Change

What are NV Bekaert's Scope 1 emissions?

In 2024, the total Scope 1 emissions of NV Bekaert were 252,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has NV Bekaert reduced its Scope 1 emissions over time?

Since 2019, NV Bekaert's Scope 1 emissions have decreased by 15.75%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), NV Bekaert's Scope 1 emissions decreased by 1.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are NV Bekaert's Scope 2 emissions?

In 2024, NV Bekaert reported Scope 2 greenhouse gas (GHG) emissions of 1,066,791 tCOâ‚‚e using the market-based method and 1,123,825 tCOâ‚‚e using the location-based method.a

Has NV Bekaert reduced its Scope 2 emissions over time?

Since 2019, NV Bekaert's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 20.14%, reflecting a declining long-term trend in Scope 2 emissions over time.a

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

What methodology does NV Bekaert use for Scope 2 reporting?

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

NV Bekaert's Scope 2 Emissions Over Time

2019202020212022202320240400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into NV Bekaert's Value Chain Emissions

In 2024, NV Bekaert reported 5,408,832 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of NV Bekaert includes a breakdown across 12of 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.a

NV Bekaert's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e-5%+11%-10%+1%-7%
  • Total Scope 3
  • Year-over-Year Change

What are NV Bekaert's Scope 3 emissions?

In 2024, NV Bekaert reported total Scope 3 emissions of 5,408,832 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 96.04%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.96%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has NV Bekaert reduced its Scope 3 emissions over time?

Since 2019, NV Bekaert's Scope 3 emissionshave decreased by 11.25%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), NV Bekaert's Scope 3 emissions remained relatively stable, indicating that NV Bekaert's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does NV Bekaert disclose?

In 2024, NV Bekaert reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

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

In 2024, the largest contributors to NV Bekaert's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 4,478,390 tCOâ‚‚e(82.8%)
  • Fuel- and Energy-Related Services (Cat. 3): 311,874 tCOâ‚‚e(5.77%)
  • Upstream Transportation and Distribution (Cat. 4): 136,353 tCOâ‚‚e(2.52%)

NV Bekaert's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(5.8%)Purchased Goods andServices (Cat. 1)(82.8%)UpstreamTransportation andDistribution(Cat. 4)(2.5%)

Insights into NV Bekaert’s GHG Emissions Intensity Compared to Industry Peers

In 2024, NV Bekaert reported Scope 1 greenhouse gas (GHG) emissions of 252,727 tCOâ‚‚e and total revenues of USD 4,119 millions. This translates into an emissions intensity of 61.36 tCOâ‚‚e per millions USD.a

NV Bekaert's Scope 1 Emissions Intensity Compared to Peers

1002,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)201001,0005,00050,000Revenues (Millions of USD)EJTPHSYCAurubisYear: 2024Scope 1: 561,000 tCO2eRevenue: $M 19,143Scope 1 Intensity: 29.31 tCO2e/$MWorthington EnterprisesYear: 2024Scope 1: 47,864 tCO2eRevenue: $M 1,246Scope 1 Intensity: 38.42 tCO2e/$MAckermans & Van HaarenYear: 2024Scope 1: 982,297 tCO2eRevenue: $M 6,289Scope 1 Intensity: 156.20 tCO2e/$MElvalHalcorYear: 2024Scope 1: 203,705 tCO2eRevenue: $M 3,578Scope 1 Intensity: 56.93 tCO2e/$MRHI MagnesitaYear: 2024Scope 1: 2,259,000 tCO2eRevenue: $M 3,131Scope 1 Intensity: 721.60 tCO2e/$MEEElectro Aco AltonaYear: 2022Scope 1: 8,001 tCO2eRevenue: $M 93Scope 1 Intensity: 85.91 tCO2e/$MJJJl Mag Rare-EarthYear: 2024Scope 1: 6,437 tCO2eRevenue: $M 927Scope 1 Intensity: 6.95 tCO2e/$MViohalcoYear: 2024Scope 1: 424,000 tCO2eRevenue: $M 6,896Scope 1 Intensity: 61.48 tCO2e/$MTTTroax GroupYear: 2024Scope 1: 2,830 tCO2eRevenue: $M 3,172Scope 1 Intensity: 0.89 tCO2e/$MPPPTC IndustriesYear: 2025Scope 1: 1,306 tCO2eRevenue: $M 36Scope 1 Intensity: 36.77 tCO2e/$MCentury Iron and Steel IndustrialYear: 2022Scope 1: 1,083 tCO2eRevenue: $M 300Scope 1 Intensity: 3.61 tCO2e/$MHHHAKI SafetyYear: 2024Scope 1: 650 tCO2eRevenue: $M 95Scope 1 Intensity: 6.82 tCO2e/$MShin Zu ShingYear: 2023Scope 1: 676 tCO2eRevenue: $M 328Scope 1 Intensity: 2.06 tCO2e/$MATIYear: 2024Scope 1: 430,738 tCO2eRevenue: $M 4,362Scope 1 Intensity: 98.75 tCO2e/$MSSSinomachYear: 2024Scope 1: 224,279 tCO2eRevenue: $M 1,737Scope 1 Intensity: 129.14 tCO2e/$MUWCYear: 2023Scope 1: 958 tCO2eRevenue: $M 60Scope 1 Intensity: 15.97 tCO2e/$MYYYeong Guan Energy Technology GroupYear: 2024Scope 1: 7,683 tCO2eRevenue: $M 220Scope 1 Intensity: 34.94 tCO2e/$MMueller IndustriesYear: 2024Scope 1: 63,436 tCO2eRevenue: $M 3,769Scope 1 Intensity: 16.83 tCO2e/$MCarpenter TechnologyYear: 2024Scope 1: 265,000 tCO2eRevenue: $M 2,760Scope 1 Intensity: 96.02 tCO2e/$MNorma GroupYear: 2024Scope 1: 5,163 tCO2eRevenue: $M 1,202Scope 1 Intensity: 4.30 tCO2e/$MComponentaYear: 2024Scope 1: 4,037 tCO2eRevenue: $M 101Scope 1 Intensity: 39.93 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MChina Metal ProductsYear: 2024Scope 1: 3,576 tCO2eRevenue: $M 550Scope 1 Intensity: 6.50 tCO2e/$MAdval Tech HoldingYear: 2024Scope 1: 489 tCO2eRevenue: $M 183Scope 1 Intensity: 2.67 tCO2e/$MNV BekaertYear: 2024Scope 1: 252,727 tCO2eRevenue: $M 4,119Scope 1 Intensity: 61.36 tCO2e/$M

How does NV Bekaert's GHG emissions intensity compare to its peers?

In 2024, NV Bekaert reported a Scope 1 emissions intensity of 61.36 tCOâ‚‚e per millions USD. Compared to the peer group median of 34.94, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does NV Bekaert rank on GHG emissions intensity within its industry?

In 2024, NV Bekaert ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

NV Bekaert is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into NV Bekaert's Total Carbon Footprint

In 2024, NV Bekaert reported a total carbon footprint of 6,785,384 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.15% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to NV Bekaert's total carbon footprint was Scope 3 emissions, accounting for 79.71% of the company's total carbon footprint, followed by Scope 2 emissions at 16.56%.a

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