NEC delivers an environmental score Using a bottom-up approach that will guide your sustainability strategy.

it applies to any kind of companies (small, mid or large cap), listed or non-listed, no matter the sector or where they are based.

We created the NEC metric to guide companies in integrating environmental issues into their business activities.

For concrete examples, look below.

1 Measure 2 Decide 3 Report

1. Measure

You want to understand the impact of your activities, and their level of contribution to the ecological transition? The NEC metric will allow you to measure your impact, as a basis for impact-reduction strategy.

Why use the NEC metric?

The NEC is a holistic metric: it gives a vision of the impact not only on climate, but also on biodiversity and resources;
Its bottom-up and life cycle analysis approach provides an understanding of the environmental impact, business-unit-by-business-unit;
It is a relative metric. All business units, activities or suppliers can be compared and ranked.

What is it used for?

The NEC metric can be used to compare, rank and set targets. Whatever the product or service, it is useful for gaining an in-depth understanding of your impact. It is also a reliable tool to guide your environmental action plan.

2. Decide

The reality is that any business that hopes to remain competitive in the coming years will have to consider the environment when making strategic decisions or building a plan of action.

Why?

To anticipate regulations and to integrate consumers consumption habits changes. But above all, to make investment decisions (company takeover or investment in a branch of the company) that represent a “transition opportunity” rather than a “transition risk”.

Why use the NEC metric?

With a -100% to +100% scale, it can be used to identify the economic activities, products, services or companies that contribute to the ecological transition (contributors) and those that don’t (destructors).

What is it used for?

To bring an environmental perspective to strategic decisions. By calculating the score of a business unit or of an activity in order to support long-term investment decisions, or the score of a company being considered for acquisition, the NEC metric makes it possible to integrate the notion of environmental impact and risk into decision making.

3. Report

Reporting publicly on the environmental impacts of our activities is not an option, but an obligation.

Why?

To prepare for the arrival of the CSDR and comply with EU taxonomy, as well as respond to market expectations and societal pressure. Reporting is also an act of communication that brings value to actions or commitments.

What is NEC used for?

To compare your company with competitors in your sector and in your value chain, and to have a vision of how your environmental performance is perceived by investors;
To shed light on everything that EU taxonomy doesn’t cover. Because it is binary and limited in scope, the taxonomy is restricted. Using the NEC metric in tandem allows for much more granularity in reporting.

Case study

Reporting: beyond European taxonomy

Corporate

SPIE

Corporate

Reporting: beyond European taxonomy

How can it be used?

SPIE uses the NEC to show investors the level of contribution to transition of its activities and to demonstrate the centrality of the environment in its strategy.

After running their activities through the taxonomy, 41% are identified as aligned. However, the taxonomy is binary and does not provide a granular view of the different levels of contribution of the company’s activities: it only identifies “dark green” activities.

In addition, among its activities not aligned with the taxonomy, SPIE presents those with a positive NEC score: they represent 29% of the company’s activities.