Nexi is committed to reducing its environmental impact and supporting the decarbonization of the digital payments industry, aligning with its ambition to achieve carbon Net Zero by 2040, 10 years ahead of international targets resulting from the Paris Agreement.. This commitment is reinforced by its interim CO₂ reduction targets, approved by the Science Based Targets Initiative (SBTi).
To drive meaningful change, Nexi actively measures and reports both its direct and indirect environmental impact across its entire value chain. It is dedicated to implementing a structured roadmap of strategic actions to cut carbon emissions and meet its SBTi-approved interim targets. Furthermore, Nexi integrates sustainability into its policies, fostering environmentally responsible practices across its solutions, services, processes, and operations. It continuously monitors progress to refine and enhance its approach where necessary.
Nexi's environmental committment is recognized by its CDP Leadership Level, with a result of "A-," in 2024 and the inclusion for the fourth consecutive year in the S&P Global Sustainability Yearbook.
Carbon Targets & Performances
In 2022, Nexi committed to ambitious direct and indirect emissions reduction targets, which were officially validated by the Science Based Targets initiative (SBTi) in 2023. This included the approval of its 2021 greenhouse gas (GHG) emissions baseline and interim decarbonization targets across the entire value chain. Aligned with the global goal to limit global warming to 1.5°C, Nexi aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 and source 100% of its electricity from renewable sources, up from 51.7% in 2021.
To address Scope 3 emissions, Nexi is engaging its supply chain in the transition. By 2027, the Group targets involving 78% of its suppliers (by expenditure) for goods and services and 70% of its suppliers (by GHG emissions) for capital goods, based on the 2021 baseline, in adopting CO₂ reduction targets.
Looking ahead, Nexi has set a long-term goal to achieve Net Zero by 2040 — ten years ahead of the Paris Agreement timeline. This includes a 90% absolute reduction in Scope 1, 2, and 3 emissions, with the use of carbon credits to offset any remaining emissions.
Nexi's approach to Circular Economy
Nexi is committed to a circular economy approach aimed at reducing waste and promoting responsible consumption across its operations. Core to this strategy are the recovery and recycling of materials, managed through dedicated procedures that ensure regulatory compliance. A focus is placed on reducing the use of non-renewable materials—particularly plastics and microplastics in cards—by progressively replacing them with renewable, low-impact alternatives. An ongoing analysis on plastic use will help identify further sustainability actions.
This circular mindset extends to Nexi’s solutions and products. The Group promotes digital alternatives to reduce hardware dependency and, where hardware is necessary, offers multi-purpose, low-impact devices designed for durability and waste reduction. Nexi also works with specialized partners to recycle, recover energy, and refurbish POS terminals, managing their end-of-life to close the loop. In 2024, Nexi reached an 87% POS refurbishment rate, with a target to maintain at least 80% in 2025, reinforcing its commitment to circularity and lifecycle extension.