Nexi

Nexi reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1 Kt (-0.12 /-10.2% y-o-y). Also positively, carbon intensity tumbled to 0.6 t (-0.5 /-45.5% y-o-y).

Nexi's Scope 3 emissions took off to 3.5 Kt (+2.3/+182% y-o-y). This is a higher growth rate than over the period since 4Q'19 (+78% CAGR).

The company is committed to reducing Scope 1 + 2 by 42% by 2030 from a base year 2020, which translates into the estimated reduction of -0.04 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.