Potential offtaker

NV Bekaert SA

www.bekaert.com

Estimated electricity consumption

N/A

Countries of production presence

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NV Bekaert SA is a Belgian company that operates in the Wire Products sector. The company was founded in 1880 and has since grown to become a global leader in the production of steel wire and wire products. NV Bekaert SA has a strong commitment to sustainability and has been working towards decarbonisation and the use of renewable energy sources in its operations.

Decarbonisation is a key focus for NV Bekaert SA, and the company has set ambitious targets to reduce its carbon footprint. The company has committed to reducing its greenhouse gas emissions by 30% by 2030, and to achieving carbon neutrality by 2050. To achieve these targets, NV Bekaert SA is implementing a range of measures, including the use of renewable energy sources, energy efficiency improvements, and the adoption of low-carbon technologies.

Corporate energy is another area of focus for NV Bekaert SA. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources in its operations. NV Bekaert SA has implemented a range of energy efficiency measures, such as the installation of energy-efficient lighting and the use of high-efficiency motors. The company has also invested in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels.

Corporate Power Purchase Agreements (PPAs) are another important tool for NV Bekaert SA in its efforts to transition to renewable energy sources. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee the purchase of a certain amount of renewable energy at a fixed price. NV Bekaert SA has signed several PPAs with renewable energy providers, which will help the company to meet its renewable energy targets and reduce its carbon footprint.

Renewable energy is a key focus for NV Bekaert SA, and the company has made significant investments in this area. The company has installed solar panels at several of its facilities, which generate renewable energy and reduce the company's reliance on fossil fuels. NV Bekaert SA has also invested in wind power, with the construction of a wind farm in Brazil. The wind farm generates renewable energy that is used to power NV Bekaert SA's operations in Brazil.

In addition to its focus on decarbonisation and renewable energy, NV Bekaert SA is committed to sustainability across its operations. The company has implemented a range of measures to reduce waste and improve resource efficiency, such as the recycling of steel wire and the use of sustainable materials in its products. NV Bekaert SA is also committed to responsible sourcing, and has implemented a range of measures to ensure that its supply chain is ethical and sustainable.

NV Bekaert SA's commitment to sustainability is reflected in its corporate culture and values. The company has a strong focus on innovation and continuous improvement, and is constantly exploring new ways to reduce its environmental impact and improve its sustainability performance. NV Bekaert SA is also committed to transparency and accountability, and regularly reports on its sustainability performance to stakeholders.

In conclusion, NV Bekaert SA is a leading player in the Wire Products sector, with a strong commitment to sustainability and decarbonisation. The company is implementing a range of measures to reduce its carbon footprint and increase the use of renewable energy sources in its operations. NV Bekaert SA's focus on sustainability is reflected in its corporate culture and values, and the company is committed to transparency and accountability in its sustainability performance. With its strong focus on sustainability and innovation, NV Bekaert SA is well positioned to thrive in a rapidly changing business environment.

✓ Science Based Targets member
✓ Declared Net Zero commitment