Aiming to keep the Earth’s temperature rise below the 1.5 ºC threshold, Nexi committed to reaching net-zero carbon emissions by 2040. To do so, the company set a Science-Based Target initiative (SBTi) approved carbon emission reduction target.

We helped Nexi define their decarbonisation strategy and worked with them to validate their carbon emissions reduction target, which SBTi confirmed in October 2021.

Nexi committed to a 42% reduction (compared to the 2020 baseline) of their scope 1 and 2 emissions by 2030. On top of that, the company also pledged to engage 78% of its capital goods suppliers in joining SBTi by 2025.

Our team led Nexi in analyzing their carbon footprint and in the forecasting of short, mid, and long-term decarbonisation scenarios. This enabled them to confirm the feasibility of their science-based target and reach their decarbonisation goals in 2040, 10 years earlier than the Paris agreement deadline.

“Having a positive impact on the environment is utterly important for Nexi and the recent approval of our Italian department’s targets is a first step towards the reduction of our global environmental impact. We want our entire company to reach net-zero carbon emissions by 2040”

Paolo Bertoluzzo, Group Chief Executive Officer Nexi.

Results

  • Tangible and immediate progress towards the net-zero transition
  • ESG rating improvement
  • Competitive advantage over other major players in the field
  • Greater appreciation from customers, investors, and other stakeholders