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 84% 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 total greenhouse gas emissions of approximately 44,365,000 kg CO2e in Belgium, comprising 37,395,000 kg CO2e from Scope 1 and 6,647,000 kg CO2e from Scope 2 emissions. The company has set an ambitious target to reduce its combined Scope 1 and 2 emissions by 46.2% by 2030, using 2019 as the baseline year. This commitment aligns with science-based targets and reflects Bekaert's dedication to addressing climate change. In 2023, Bekaert's global emissions were reported at approximately 6,919,556,000 kg CO2e, with Scope 1 emissions at 239,594,000 kg CO2e, Scope 2 at 1,100,383,000 kg CO2e, and Scope 3 emissions at 5,447,644,000 kg CO2e. The company aims to achieve net-zero emissions for Scope 1 and 2 by 2050, demonstrating a long-term commitment to sustainability. Bekaert's climate initiatives include a near-term goal to reduce Scope 1 emissions to near zero by 2025 and a similar target for Scope 2 emissions. These efforts are part of a broader strategy to enhance energy efficiency and transition to renewable energy sources. Overall, Bekaert's emissions data and reduction targets reflect a proactive approach to climate commitments, positioning the company as a responsible player in the industry.
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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.
