Outstanding ‘A’ score from CDP

• Nexans received a prestigious ‘A’ score from CDP, reflecting its steadfast commitment to climate action and environmental transparency.
• Nexans sees positive shifts in EcoVadis and maintains its ‘A’ rating with MSCI, showcasing the company’s dedication to continuous improvement.

Nexans, a leader in the design and manufacturing of cable systems and services, has been recognized for leadership in corporate sustainability by the global environmental non-profit extra-financial agency CDP. Achieving an ‘A’ score and maintaining a position on the prestigious ‘A List’ for addressing climate change, Nexans reaffirms its dedication to environmental responsibility.

This recognition marks a significant milestone in Nexans’ journey towards sustainable electrification. The company’s unwavering commitment to climate action and environmental transparency. Noteworthy progress has been made, with this year’s achievement showcasing a commendable advancement from the ‘A-‘ rating in 2022 and 2021. Building on the initial ‘A’ rating in 2020, Nexans demonstrates a consistent commitment to climate action and environmental transparency.

Nexans’ consistent engagement to enhancing its methodology and turning commitment into action has played a crucial role in its success. The progression from ‘A-‘ to ‘A’ underscores Nexans’ proactive approach in comprehending and tackling the challenges presented by climate change, showcasing ongoing improvements.

In parallel, Nexans has made substantial advancements in its EcoVadis rating, increasing its previous score by 2 points, to reach 80/100. The enhancement observed reflects Nexans’ dedication to consistently improving its sustainable development practices. By upholding its “A” rating on the MSCI front, Nexans reasserts its steadfast commitment to achieving excellence in ESG topics.

While celebrating the achievements of 2023, Nexans remains focused on continuous improvement and to maintain and elevate its position on the global stage.

• Nexans production facilities in Montreal (Canada) and Lens (France) have been awarded the Copper Mark in recognition of responsible and sustainable copper rod production practices.
• The Copper Mark works with partners to help increase the amount of responsibly produced and sourced copper around the world.
• This recognition highlights Nexans’ overall commitment to the United Nations Sustainable Development Goals as well as the Group’s initiatives to be on the forefront regarding crucial issues such as copper responsible production.

Nexans, a leader in the design and manufacturing of cable systems and services, announced today that its Montreal (Canada) and Lens (France) metallurgy facilities have been awarded The Copper Mark.

This recognition demonstrates Nexans’ contribution to sustainable development and provides a comprehensive social and environmental assurance program for copper rod production. Nexans is one of the first cable manufacturers and rod mill operators to receive this award in North America and Europe.

Nexans’ Montreal and Lens sites obtained the Copper Mark label following a site-level evaluation conducted by independent audit firms. Both sites have been assessed against the 32 internationally recognized sustainability criteria including environmental, social, and governance standards.

Copper is a crucial part of the renewable energy transition as it is a primary component in electrification. As countries attempt to reach net-zero goals, copper demand is expected to soar in the future. Nexans’ responsibility is to make sure this increasing demand will be met according to responsible production practices. The Copper Mark recognition fully highlights Nexans’ position at the forefront of the sustainable electrification of the world. The Group has been a member of the UN Global Compact since 2008 and has been including the Sustainable Development Goals (SDGs) in its Corporate Social Responsibility (CSR) priorities since then.

Nexans will soon launch the same process in order to seek to obtain the Copper Mark label for its two other rod mill facilities in Peru and Chile.

• Nexans launches a new high-voltage cable range for aircraft that aligns with aerospace industry requirements to be carbon neutral by 2050.
• The new cable range has a higher power density, with partial discharge free operation over a wide range of voltages and altitudes.
• As part of the “Clean Aviation” partnership, Nexans will play a significant role in reaching the program’s energy efficiency and emissions goals, leading to a potential reduction of up 90% in emissions varying by the type of aircraft.

Nexans, a leader in the design and manufacturing of cable systems and services, has launched a new high-voltage cable range for aircraft. With an efficiency higher than the previous generation, this cable family is a decisive step to reaching the carbon neutral objective in the aerospace industry by 2050.

The need to consume less fuel is rapidly growing, driving the aerospace industry to change mobility technologies to alternative hybrid-electric aircraft. To support the next generation of aircraft, Nexans new high-voltage cables allow for a higher level of power without increasing the conductor’s diameter and weight.

Previewed at the Paris Air Show, Nexans new high-voltage cables for electrical and hybrid aircraft, and E-VTOL (Electrical Vertical Take-Off and Landing Vehicules) fit the requests from the Aerospace industry to reduce its carbon footprint, and the agenda of the French governement and the European commission to develop an innovative solution to integrate electrical and hybrid engines in aircraft.

Nexans high-voltage cables are 20 times more efficient than standard aircraft cables. They can be used from 600V to 6,000V (AC, DC, PWM) when the standard aircraft voltages are ranging from 28V DC to 115V or 230 AC. They have higher power density (power/mass), using a patented design with semi-conductive and high resistivity layers which are extruded as sandwich layers. This guarantees a partial discharge free operation over a wide range of voltages and altitudes. A partial discharge is an electrical discharge that partially bridges a gap between a high-voltage conductor and a low-voltage conductor. Partial discharge causes degradation and can lead to system breakdown.

As part of the “Clean Aviation” partnership, Nexans will play a significant role in reaching the program’s energy efficiency and emissions goals, leading to a potential reduction of up 90% in emissions varying by the type of aircraft.

Nexans’ high voltage cables will be produced at its Draveil site in France, which employs 260 people.

• The first range of low-carbon power grid cables available on the French market guarantees a minimum 35% reduction in greenhouse gas emissions compared to standard cables.
• This offer is built on the guaranteed use of low-carbon aluminium and recycled plastic, as well as the use of renewable or decarbonised energies in manufacturing the cables. Products are 100% manufactured in France.
• Access to the CO2 data of these cables is guaranteed so that all the players in the chain can monitor and optimise their carbon emissions.

Nexans is launching a new range of low-carbon distribution grid cables, the first on the French market. By adopting a holistic approach all along the value chain and throughout the cable life cycle, the Group has succeeded in reducing the greenhouse gas emissions of its low- and medium-voltage cables from 35% to 50%, depending on the products.

The Group’s ambition: to reduce the cable industry’s carbon footprint…

The manufacturing of one kilometer of energy network cable currently generates a volume of CO2 representing two to three times the average annual emissions per inhabitant in France. These emissions come mainly from the aluminium conductor, which alone accounts for between 70% and 90% of the total footprint, followed by plastics, transport and the manufacturing process.

In order to reduce the carbon footprint of its products by more than one-third, Nexans acts-on:

• The guaranteed use of 100% low-carbon aluminium (produced during the electrolysis phase, using decarbonised electricity), in line with the objectives of the Aluminium Forward 2030 coalition of which the Group is part, and which is aimed at speeding up the sector’s decarbonisation;
• The use of up to 50% recycled plastic in the insulation and/or sheathing;
• Targeted actions on the manufacturing process and transport;
• Increased selectivity in the choice of suppliers based on their environmental performance;
• 100% French production at its plants in Jeumont and Bourg-en-Bresse.

A further advantage lies in the fact that Nexans provides all the environmental data for its products (PEP Ecopassport®) to enable power distribution operators, installers and distributors to manage their carbon emissions. On request, the Group also performs a carbon assessment per project or per customer.

… and over the entire life cycle of a cable

The environmental footprint of a cable is also measured beyond its manufacturing. Approximately 90% of the total emissions from grid cables are generated after they are put into service, due to the energy loss, known as the “Joule effect”, which accumulates over decades of use.

In line with its E3 ambition (Economy, Environment, Engagement), Nexans offers a range of solutions to reduce the carbon footprint of the cable over its entire life cycle:

• Engineering studies to determine the optimal cable type and cross-sections over the entire life cycle depending on the application;
• Innovative cable solutions, such as the EDRMAX® medium voltage cable, which can be buried as is, with no need for a sand bed, thanks to its reinforced sheath – thus reducing the CO2 emissions stemming from its installation by 10%;
• Digital solutions to increase our customers’ productivity: the ULTRACKER® range;
• Innovative technology via RecyCâbles (joint venture between Nexans and SUEZ) for the recycling copper and aluminum cables, promoting the circular economy.

Nexans’ new low-carbon power network cable offering illustrates Nexans’ capacity for innovation and its strong commitment to sustainable development, as the Group is recognized as a global leader in climate action by several extra-financial assessment bodies. This first offer is part of an ambitious Nexans carbon trajectory, validated by the Science-Based Targets Initiative (SBTi), aimed at reducing emissions by 4.2% per year between 2019 and 2030.

• Aluminum producer Trimet and Nexans have laid the groundwork for improving the eco-balance of power cables.
• In a joint breakthrough development project, the two companies have developed a material with recycled aluminum content for the production of aluminum rod used in electrical cables.

Trimet and Nexans have developed a new product able to meet the high technical requirements on the mechanical properties and conductivity of the alloy while reducing the product’s carbon footprint. Until now, power cables have been manufactured exclusively on the basis of primary aluminum.

Melting and recycling of aluminum scrap requires only a fraction of the energy needed to produce primary aluminum. However, recycled aluminum contains impurities that adversely affect the material’s specific properties. The collaborative project between Nexans and Trimet aimed to coordinate optimized raw material supply and innovative material development. For example, Nexans has refined the sorting of aluminum scrap at its production sites in Europe through RecyCâbles, a Nexans-Suez joint venture, while gearing its collection to recycling for electrical cables. Trimet has closed the material cycle with its recycling concept and used the scrap obtained to develop a high-quality alloy that meets the full range of quality requirements for mechanical and electrical performance.

Nexans plans to maximize the use of aluminum rod with recycled aluminum content in 2023. This enables the global company to meet its customers’ growing demand for products with a favorable eco-balance. For its part, Trimet is expanding its range of recycled products in the aluminum wire sector. In so doing, the materials specialist is building on its commitment to decarbonize production while making a further contribution to the energy transition.

On Wednesday December 7, 2022, Ryad Mezzour, Moroccan Minister of Industry and Trade, and Christopher Guérin, CEO of Nexans Group, inaugurated the Nexans photovoltaic power facility in a ceremony held on the group’s site in Mohammedia, in Morocco.

The facility is installed on the roof of the Mohammedia plant, comprising 4,640 photovoltaic panels – for an installed capacity of 2.5 MWp – that cover a total surface area of 12,166 square metres. It will produce more than 3,927 MWh of electricity annually, a capacity that will guarantee a substantial reduction of more than 2,850 tonnes per year in CO2 emissions, and cover 19% of the plant’s energy needs.

“Under the leadership of His Majesty King Mohammed VI, may God assist him, our country has been a pioneer in the development and use of renewable energies which today present an alternative. It is thanks to this alternative that manufacturers can both reinforce their competitiveness, reduce their energy bill and contribute to mitigating the impact of climate change,” said Mr. Mezzour. He went on to specify that “the energy transition is now an industrial imperative that must be approached as an opportunity to be seized.”

For Christopher Guérin, this inauguration lies at the heart of Nexans’ agenda, which has made the climate emergency a priority, with a firm commitment to reduce its greenhouse gas emissions by 4.2% per year by 2030.

For her part, Selma Alami, Nexans Managing Director for North and West Africa, stressed the importance of the inauguration’s context. “Morocco is moving up a gear in the development of renewable energies in order to guarantee its energy security while positioning itself as one of the most attractive global destinations in terms of green industrialisation.”

Key stakeholders discussed offshore wind farms and U.S. energy independence

• Nexans hosted its third annual Climate Day in New York City on September 21 as part of Climate Week NYC.
• Executives from the energy sector debated the future of offshore wind in the U.S. and how to build a supply chain that can support the energy transition.
• Actor and environmentalist Adrian Grenier opened the event with a fireside chat on ocean conservation.

Nexans hosted its third annual Climate Day in New York City this afternoon with executives from the energy space including Siemens Gamesa, the American Clean Power Association (ACP), Citizens for Responsible Energy Solutions (CRES), Equinor, the American Council on Renewable Energy (ACORE), Ørsted, Marmen, and the Business Network for Offshore Wind (BNOW).

In a world where energy has been at the center of the conversation, this event in which ideas could flow freely, was crucial to the development of actionable solutions to the energy crisis.

One key takeaway highlighted by Nexans CEO Christopher Guérin was that “The reserves for raw materials are not infinite. The consumption of copper in the world went from 9 million metric tons to 21 million metric tons in the last 25 years. With the world becoming more electrified than in the past and because of the addition of electric vehicles, in 10 to 15 years, the demand will increase to 35 million metric tons. The only way to support to support investments in sustainable energy is through the recycling of raw materials and to increase innovation.”

The event also featured a fireside chat about ocean conservation with actor and environmentalist Adrian Grenier and remarks from Congressman Andrew Garbarino (NY) and Senator Ed Markey (MA), as well as panels debating whether offshore wind can help solve the energy crisis and what the supply chain will look like in the United States for more sustainable sources of energy.

Some key takeaways from the day include:

• We can only achieve our goals if companies, policymakers, and governmental agencies work together with one objective: to make change and move toward a more sustainable future, today. These are challenges we face together, and we must culminate our individual efforts to ensure change while keeping costs low.
• Elected officials hope to localize the supply chain to meet their sustainability goals, create jobs and support the local economy while at the same time ensuring the security of the electrical grid. The Inflation Reduction Act empowers businesses to make decisions that are necessary to expand offshore wind operations in the United States.
• Actor, filmmaker, and environmentalist Adrian Grenier noted that, “There’s an artificial timeline that has been imposed. We need to be reliant and take responsibility to make these positive changes. Let’s put more resources, more minds, and more energy into what we can build without the constrains of fear and time.”

A full video of Nexans’ Climate Day with more insights from panelists is available to stream.

• A symbol of Nexans’ ambition to become a pure player in electrification, AmpaCity brings approximately 100 engineers, researchers and technicians together to work on the electrical technology of the future.
• Nexans invested €20 million in this new 6,000 m2 R&D site.
• With new digital services, data tools, and the integration of recycled materials, this hub brings together diverse minds to develop innovations for safer, more sustainable and decarbonized electricity.

Nexans has been operating in Lyon, France for 120 years and today inaugurates AmpaCity, its new global innovation hub dedicated to low-carbon electrification.

This is where the Group is developing a portfolio of nearly 1,800 patents, with 80 filed every year. Nexans is one of the most innovative European companies in its sector, recognized as such by its customers and partners, present today in Lyon.

AmpaCity demonstrates the Group’s ambition to become a pure player in electrification and to meet the challenges of an electrified world that will require:

1. An increase in the distribution of electricity where demand could rise by up to 40% by 2040;
2. Improving reliability, resilience, and security of electric grids to better sustain the increase of demand, many of which date from the 1950s-1960s;
3. Accelerating installation projects and guaranteeing competitiveness and accessibility of electricity by developing networks and interconnections between countries;
4. Reducing the impact on the environment and the promotion of decarbonization in order to combat global warming and act as a responsible partner, in particular through the continuous use of innovative materials.

The 6,000 m² site, which includes 4,500 m² of laboratories, received 20 million euros in investment and brings together around a hundred experts in electrical insulation performance, developing materials with a reduced environmental impact, cable systems that limit fire risks, and digital solutions for monitoring electrical networks. The teams are international, with eight different nationalities represented.

At AmpaCity, Nexans is inventing new, efficient, sustainable, and recyclable materials. The Group has made a firm commitment to recycling 100% of its production waste by 2030, while increasing the quality, properties, and longevity of the materials used.

In terms of fire safety, Nexans is developing electrical cables for the buildings of the future that are more fire-resistant than today, more efficient and with better functionality, with exposure to more than 1000 degrees Celsius, and is continuing to supply safety devices such as alarms, fire doors and emergency lighting for fires.

Another major innovation presented today is Nexans’ superconductor cable. It’s powerful and discreet, measuring less than 20 centimeters in diameter and can carry up to 3 GW of electricity, i.e. the equivalent power of 3 nuclear reactors.

Nexans is the first cable and solutions provider to have combined its expertise with that of asset management professionals. Thanks to the digital and smart tools implemented by the Group, operators can anticipate risks and monitor the state of networks from anywhere, avoiding blackouts and other major failures, particularly in cities and at stations and ports.

This event dove into future of electricity, with numerous demonstrations organized in the presence of public figures and partners, including Microsoft and Cosmo Tech. Fabrice Amedeo, French skipper of the Vendée Globe Challenge 2021 who participated in the last double handed Transat Jacques Vabre and recently returned from the Vendée Arctique, also highlighted his scientific and oceanographic project development with the help of Nexans.

• Nexans’ ambitious 2030 climate targets have been validated by the Science Based Targets initiative (SBTi).
• SBTi’s validation of Nexans’ climate strategy illustrates Nexans’ commitment to decarbonization.

Nexans announces today that its greenhouse gas (GHG) emissions targets have been validated by the Science Based Targets initiative (SBTi).

The Science Based Targets initiative (SBTi) mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a partnership between Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

Nexans’ sustainability roadmap, analysed by SBTi’s Target Validation Team, includes a commitment :

• to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 versus 2019 base year.
  Scope 1 and 2 cover the GHG emissions coming from industrial operations of the Nexans Group;
• to reduce absolute Scope 3 GHG emissions by 24% by 2030 versus 2019 base year.
  Scope 3 covers the GHG emissions coming from use of sold products, purchase of goods and services, metal extraction, transportation, and operations before and after the transformation of raw materials to finished products done by the Nexans Group.

Nexans targets for scope 1 and 2 are in line with the 1.5° C trajectory, determined by the Paris Agreements (COP21). As stated by SBTi, the Group’s 1.5°C-aligned target currently are the most ambitious designation available through the SBTi process.

Nexans will embed sustainability across all its divisions, from innovations and solutions development, product manufacturing, and managing daily operations, to the purchase of raw materials, the use of its sold products, as well as working habits and employees commuting.