ESG

In 2022, Nexans completed the deployment of E³, its unique performance measurement tool.

E³ optimizes operations and the investment decision-making process across the three dimensions – Economy, Environment and Engagement. It is a system at the heart of management that integrates the goals of these three areas, instead of pitting each against the other.

To successfully deploy E³ all the Group’s plants were classified according to their financial performance in three categories of the SHIFT method: profit drivers, “candidates for transformation”, and value burners with weaker economic performance. They were then distributed according to their level of greenhouse gas emissions.

Today, investment choices and project launch decisions are made on the basis of the E³ , which combines the financial, environmental and commitment assessments. For all of its sites, the Group applies the same qualification approach as that used for its customers.

As part of the same strategy of simplifying and transforming the Company, Nexans has also reduced the number of its product references by 40%, thus making savings on all resources: material, human and time.

Leadership is needed in the sustainable electrification of the world. We are determined to play a major role in creating a viable and sustainable world. We are taking a further step towards the contribution to carbon neutrality by 2030 by committing to building tomorrow’s sustainable energy highway.

The Group has been a member of the UN Global Compact since 2008 and includes the SDGs in its CSR priorities. It has made these goals the cornerstone of its strategy, particularly SDG 9 (Industry, Innovation and Infrastructure), SDG 12 (Responsible Consumption and Production) and SDG 13 (Taking action to combat climate change). In 2020 Nexans joined the CDP’s prestigious “A-list” and is committed to contributing to carbon neutrality by 2030, in line with the goal of limiting global warming to 1.5°C.

As part of the continuous improvement programme for production sites, Nexans has undertaken an externally verified environmental performance assessment and certification to the ISO14001 standard.

On the ground Nexans uses lean manufacturing methodology at the Group’s industrial sites. All sites must draw up an environmental crisis management plan which must be regularly audited and backed by investments in protective equipment such as containment basins and valves to prevent pollution from outside the site, as well as emergency intervention kits (contaminant booms, mobile valves, etc.).