NV Bekaert SA

Common Name
NV Bekaert
Country
Belgium
Sector
Industrials
Industry
Metal Fabrication
Employees
19,456
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 2023, 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 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
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Insights into NV Bekaert's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of NV Bekaert amounted to 1,471,913 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of NV Bekaert decreased by 20.06%, 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

201920202021202220230200 k400 k600 k800 ktCO2e-7%+7%-7%-50%
  • Total Scope 1
  • Year-over-Year Change

What are NV Bekaert's Scope 1 emissions?

In 2023, the total Scope 1 emissions of NV Bekaert were 304,839 metric tons of CO₂ equivalent (tCO₂e). a

Has NV Bekaert reduced its Scope 1 emissions over time?

Since 2019, NV Bekaert's Scope 1 emissions have decreased by 53.88%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), NV Bekaert's Scope 1 emissions decreased by 50.38%, 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 2023, NV Bekaert reported Scope 2 greenhouse gas (GHG) emissions of 1,167,074 tCO₂e using the market-based method. a

Has NV Bekaert reduced its Scope 2 emissions over time?

Since 2019, NV Bekaert's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 16.49%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), NV Bekaert's Scope 2 emissions (Market-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 2023, NV Bekaert reported its Scope 2 emissions using the market-based method. a

NV Bekaert's Scope 2 Emissions Over Time

201920202021202220230350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Market-Based

Insights into NV Bekaert's Value Chain Emissions

In 2023, NV Bekaert reported 5,447,644 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of NV Bekaert includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

NV Bekaert's Scope 3 Emissions Over Time

201920212022202302 M4 M6 M8 MtCO2e+14%-3%-7%
  • Total Scope 3
  • Year-over-Year Change

What are NV Bekaert's Scope 3 emissions?

In 2023, NV Bekaert reported total Scope 3 emissions of 5,447,644 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 95.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.45% 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 emissions have remained relatively stable, indicating that NV Bekaert 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2022), 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 2023, NV Bekaert reported emissions for 14 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 2023, the largest contributors to NV Bekaert's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 4,583,329 tCO₂e (87.3%)
  • Processing of Sold Products (Cat. 10): 168,232 tCO₂e (3.2%)
  • Capital Goods (Cat. 2): 117,813 tCO₂e (2.24%)

NV Bekaert's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(2.2%)Purchased Goods andServices (Cat. 1)(87.3%)Processing of SoldProducts (Cat. 10)(3.2%)

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

In 2023, NV Bekaert reported Scope 1 greenhouse gas (GHG) emissions of 304,839 tCO₂e and total revenues of USD 4,790 millions. This translates into an emissions intensity of 63.64 tCO₂e per millions USD. a

NV Bekaert's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)202001,00010,00050,000Revenues (Millions of USD)CAurubisYear: 2023Scope 1: 551,669 tCO2eRevenue: $M 18,023Scope 1 Intensity: 30.61 tCO2e/$MWorthington EnterprisesYear: 2024Scope 1: 47,864 tCO2eRevenue: $M 1,246Scope 1 Intensity: 38.42 tCO2e/$MRHI MagnesitaYear: 2023Scope 1: 2,191,000 tCO2eRevenue: $M 3,411Scope 1 Intensity: 642.35 tCO2e/$MCIMCYear: 2023Scope 1: 192,834 tCO2eRevenue: $M 17,984Scope 1 Intensity: 10.72 tCO2e/$MDufu TechnologyYear: 2023Scope 1: 284 tCO2eRevenue: $M 50Scope 1 Intensity: 5.72 tCO2e/$MUmicoreYear: 2023Scope 1: 317,849 tCO2eRevenue: $M 20,217Scope 1 Intensity: 15.72 tCO2e/$MATIYear: 2023Scope 1: 401,515 tCO2eRevenue: $M 4,174Scope 1 Intensity: 96.20 tCO2e/$MUWCYear: 2023Scope 1: 958 tCO2eRevenue: $M 60Scope 1 Intensity: 15.97 tCO2e/$MRecticelYear: 2024Scope 1: 4,332 tCO2eRevenue: $M 635Scope 1 Intensity: 6.82 tCO2e/$MMueller IndustriesYear: 2023Scope 1: 55,708 tCO2eRevenue: $M 3,420Scope 1 Intensity: 16.29 tCO2e/$MCarpenter TechnologyYear: 2023Scope 1: 274,064 tCO2eRevenue: $M 2,550Scope 1 Intensity: 107.46 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MNV BekaertYear: 2023Scope 1: 304,839 tCO2eRevenue: $M 4,790Scope 1 Intensity: 63.64 tCO2e/$M

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

In 2023, NV Bekaert reported a Scope 1 emissions intensity of 63.64 tCO₂e per millions USD. Compared to the peer group median of 23.45, 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 2023, NV Bekaert ranked 10 out of 12 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places NV Bekaert among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into NV Bekaert's Total Carbon Footprint

In 2023, NV Bekaert reported a total carbon footprint of 6,919,557 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.8% decrease compared to 2022, 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 78.73% of the company's total carbon footprint, followed by Scope 2 emissions at 16.87%. a

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