Nexans has been selected to join the CAC SBT 1.5° index, a new climate-focused version of the CAC 40 index launched by stock exchange operator Euronext in January 2023.

The launch of this new index salutes the voluntary approach of companies that have signed up to ambitious and specific emissions reduction targets and whose decarbonization trajectory is recognized as aligned with the Paris Climate Agreement.

The CAC SBT 1.5° currently includes 38 companies within the SBF 120 that have defined clear greenhouse gas emission reduction targets, approved by the Science Based Targets initiative (SBTi).

Nexans, already fully aware of its responsibility for sustainable electrification, committed to reduce absolute scope 1 and 2 GHG emissions by 46.2% by 2030 compared to the 2019 baseline year and to reduce absolute scope 3 GHG emissions by 24% by 2030 compared to the 2019 baseline year.

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Nexans SA published this content on 30 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 January 2023 10:23:13 UTC.