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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of NV Bekaert were 252,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
In 2024, NV Bekaert reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to NV Bekaert's Scope 3 emissions were:a
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
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
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
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