Bekaert
Bekaert, officially known as NV Bekaert SA, is a global leader in steel wire transformation and coating technologies, headquartered in Belgium. Founded in 1880, the company has established a strong presence in Europe, Asia, and the Americas, serving diverse industries such as construction, automotive, and energy. Bekaert's core offerings include high-quality steel wire products, advanced coatings, and innovative solutions that enhance performance and durability. The company is renowned for its commitment to sustainability and technological innovation, positioning itself as a key player in the wire and cable industry. With a rich history marked by significant milestones, Bekaert continues to achieve notable success, including its recognition for excellence in product quality and customer service. As a trusted partner, Bekaert remains dedicated to delivering unique solutions that meet the evolving needs of its global clientele.
DitchCarbon Score
How does Bekaert's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Bekaert's score of 60 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bekaert's reported carbon emissions
In 2024, Bekaert reported significant carbon emissions across various regions, with total emissions in Belgium (BE) amounting to approximately 37,395,000 kg CO2e for Scope 1 and about 6,647,000 kg CO2e for Scope 2. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 46.2% reduction in Scope 1 and 2 emissions by 2030, compared to 2019 levels. This commitment aligns with science-based targets and reflects Bekaert's dedication to sustainability. Globally, Bekaert's emissions for 2023 were reported at approximately 6,919,556,000 kg CO2e, with Scope 1 emissions at about 239,594,000 kg CO2e, Scope 2 at approximately 1,100,383,000 kg CO2e, and Scope 3 emissions reaching around 5,447,644,000 kg CO2e. The company is also committed to achieving net-zero emissions for both Scope 1 and Scope 2 by 2050. Bekaert's climate strategy includes a near-term goal to reduce Scope 1 emissions to near zero by 2025, demonstrating a proactive approach to mitigating climate impact. The company is focused on reducing emissions from its manufacturing processes and energy consumption, which are the primary sources of its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 299,964,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,352,871,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 6,094,234,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bekaert is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
