nVent Electric PLC

Common Name
nVent Electric
Country
United Kingdom
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
12,100
Ticker
NVT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
nVent Electric plc is a leading provider in the electrical connection and protection industry. With a focus on enhancing electrical safety, reliability, and efficiency, nVent delivers high-quality sol...

nVent Electric's Climate Target Data Preview

As of 2023, nVent Electric has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into nVent Electric ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total Combustion, Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets 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 nVent Electric's Greenhouse Gas Emissions Pathways

As of 2023, nVent Electric has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does nVent Electric have a target to reduce the emissions from its operations?

As of 2023, nVent Electric has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

nVent Electric's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 102,318 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, nVent Electric is ahead of schedule on its operational emissions reduction target, having achieved 77.54% of the planned reduction.

nVent Electric's Operational (Scope 1+2) Emissions Pathway

201920232030030 k60 k90 k120 kBaselineCurrent (-39%)Target 2030 (-50%)
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