Nexans S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2018

In its 2023 reporting, Nexans S.A. disclosed greenhouse gas emissions of 76.0M tCO2e (location-based); 75955212 tCO2e (market-based). By scope: Scope 1: 111.7K tCO2e; Scope 2: 131.1K tCO2e (location-based); 93617 tCO2e (market-based); Scope 3: 75.7M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
76.0M tCO2e (location-based); 75955212 tCO2e (market-based)
2023
⚡
Renewable Energy
76%
of total energy

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).111.7K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.131.1K tCO2e (location-based); 93617 tCO2e (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).75.7M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202376.0M tCO2e (location-based); 75955212 tCO2e (market-based)
2022224.3K tCO2e/year (2022)
2021171.9K tCO2e
2020200.5M tCO2e/year
2019240.4M tCO2e/year (Scope 1-2-3)
2018228.4M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce GHG emissions by -4.2% annually
  • Achieve 100% production waste recycling or reuse
  • Achieve 100% connected and recyclable cable drums

📅 Medium-term

  • Reduce Scopes 1 & 2 GHG emissions by 46% by 2030 (vs 2019)
  • Reduce Scope 3 GHG emissions by 30% by 2030 (vs 2019)
  • Achieve 60% internal mobility for graded positions

🔭 Long-term

  • Net-zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeCircular EconomyEmployee EngagementEthical Business PracticesSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Geopolitical and political instability in key operating regions
  • Competitive pressure in medium and low voltage cable markets
  • Cybersecurity threats
  • Climate change and natural hazards
  • Risks associated with large-scale turnkey projects
  • Fluctuations in non-ferrous metal prices and availability
  • Antitrust and anti-bribery compliance
  • Product liability claims

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD, SBTi, UNGC, EU Taxonomy, CSRD
Assurance: Independent third-party verifier (limited assurance on Scopes 1 & 2 emissions and parts of Scope 3)