Nexans joins the new “climate” version of the CAC 40
CSR
30 January 2023
3 min

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.

Nexans’ inclusion in the SBT 1.5° index is a further recognition of the decarbonization efforts undertaken by the Group, and of the seriousness of its approach, reviewed by the SBTi in April 2022. Nexans’ carbon reduction objectives cover all scopes, and the entire electrification value chain: from raw materials, industrial and logistics processes to products and services offered to customers, both in terms of carbon content and carbon emissions related to product use.

VP Sustainability, Nexans

Euronext will rely on the SBTi methodology, the leading label to assess companies’ greenhouse gas emission reduction commitments. This is a first for a stock exchange operator, which wishes to continue to support the demand for climate-friendly investment solutions.

The index was launched with the support of Amundi, CDP (Carbon Disclosure Project) and SBTi.

Latest news

Corfu repair - IMR

Project

04 December 2025

Successful subsea cable replacement in Corfu: Strong IMR capabilities demonstrated

Nexans has successfully replaced a damaged subsea power cable in Corfu, showcasing its growing strength in fast, reliable IMR services. The complex 145 kV cable operation was completed safely and on schedule, reinforcing Nexans’ position as a trusted partner for critical offshore repairs.

2025 ESG webinar with

CSR

24 October 2025

Building a sustainable and resilient future

From mine to end customer, discover how industry leaders — Nexans, Rexel, KGHM, and The Copper Mark — are redefining transparency, circularity, and sustainability. Explore how collaboration and innovation are turning ESG principles into concrete action for a more responsible and resilient future.

Aerial view of a large industrial facility surrounded by mountains and trees

Project

14 August 2025

Nexans advances key stage in Malta-Sicily Interconnector project

Nexans has reached a major milestone in the Malta–Sicily Second Interconnector project, with production now well underway at two of its state-of-the-art facilities in Norway and the United States.