Nexans’ CSR performance in 2023 attests to the company’s ability to combine economic prosperity, social commitment and reduced environmental impacts. The importance that Nexans gives to continuously improving its ethical and environmental practices highlights its positive contribution for society as a whole. This approach positions Nexans as an industry leader, showing that ethics and sustainability can go hand in hand with commercial success.
Progress and leadership confirmed in 2023
Nexans’ CSR performance was recognized by three independent rating organizations in 2023, reflecting the Group’s ongoing commitment to transition towards sustainable and responsible practices. As evidence of the company’s strategy to incorporate sustainability at every level of the organization, the A rating awarded by MSCI ESG Ratings emphasizes Nexans’ resilience to environmental, societal and governance risks.
Moreover, Nexans’ score of 80/100, places it in the top 1% of companies rated by EcoVadis, therefore maintaining its Platinum Medal for CSR recognition. This performance confirms that Nexans has implemented effective ethical business practices and sustainable initiatives.
Lastly, Nexans improved its Ethifinance score to 74/100 in 2023, affirming its commitment to environmental and social sustainable development.
The recognition gained through these scores demonstrates Nexans’ commitment to comply with and promote high standards of sustainability and social responsibility.
Delighted to promote Nexans’ excellent ESG rating results for the year 2023. These results demonstrate our unwavering commitment to environmental, social and governance principles, and underline our positive contribution to sustainable development and responsible business practices.
Vice-President Sustainability & Corporate Transformation, Nexans
Focus on the future
For 2024 and the years ahead, Nexans intends to pursue its CSR efforts, primarily by focusing on reducing greenhouse gas emissions and developing innovative solutions for a low-carbon economy. These targets are in keeping with a global sustainability and social responsibility policy that aligns with both regulations and stakeholder expectations.
Nexans’ achievements in 2023 are merely the first steps on its pathway, clearly focused on the future. By continuing to combine innovation, sustainability and ethical conduct, Nexans feels confident about its ability to take on new opportunities and challenges that lie ahead in 2024 and beyond.
Latest news
06 December 2024
After five years of meticulous restoration following the devastating fire in 2019, Notre-Dame de Paris is ready to reopen its doors. Nexans is proud to have played an important role in this extraordinary collective effort, contributing its expertise to ensure the cathedral is safer and more secure.
23 November 2024
Nexans has been awarded the “Value of the Future” prize at the 2024 Investor Awards organized by Boursorama. More than 130,000 voters cast their ballots to reward 10 listed companies.
Grids
05 November 2024
RTE has contracted with five suppliers – Prysmian, Nexans, NKT-SolidAl and Hellenic Cables – to secure underground power cables supplies for its projects until 2028. Worth a total of almost one billion euros (€), this commitment covers the supply and installation of around 5,200 kilometers of underground cables for voltage levels ranging from 90,000 to 400,000 volts.