NV Bekaert SA 2023 Integrated Report
Company: NV Bekaert SA
Sector: Manufacturing
Country: Belgium
Year: 2023
Type: Integrated Report
Pages: 311
The report describes Bekaert's completed 2023 double materiality assessment, with environmental, social and governance topics evaluated for both impacts and financial effects. It reports validated emissions targets, including a 46.2% reduction in Scope 1 and 2 emissions by 2030 from a 2019 base year and carbon net zero by 2050 for those scopes. During 2023, consolidated Scope 1 and 2 emissions fell 15.1% from the 2019 baseline, while 41% of electricity consumed including joint ventures came from renewable sources. The report also discloses that 42% of consolidated revenue was aligned with the EU Taxonomy.
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