Better Health for All
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Nexans' products demonstrate a strategic focus on health-positive impact, with innovations like Low Smoke Zero Halogen (LSZH) cables that emit minimal toxic halogens and smoke during fires, and a copper tin alloy contact wire that is healthier for humans.
1
The company supplies cables for hospitals and its Foundation supports electrification projects that enable life-saving services for over 120,000 people at Talara's medical center.
2
The company's core products (cables) do not have direct safety implications for physical or mental health for users. The Nexans Foundation has implemented 169 projects in 38 countries, reaching 3.065 million beneficiaries in underprivileged communities, and installed 12 lighting poles with solar panels for over 100 families in a low-income community in Peru.
3
Nexans is committed to continuously monitoring environmental regulations like REACH and RoHS for raw materials and ensures compliance.
4
The company is working to reduce GHG emissions, achieving a 36% reduction in Scopes 1, 2, and 3 since 2019, and 49% of electricity from renewable sources.
5
The Foundation's annual budget was €400,000 in 2023 and 2024.
6
Nexans provides comprehensive benefits, pension programs, and an Employee Assistance Program for confidential support to employees and their families.
7
The company offers optional webinar sessions on personal development and work-life topics.
8
Nexans supports local non-profit organizations like the Canadian Mental Health Association and offers an Employee Assistance Program.
9
Nexans educates the industry on wire and cable through webinars and donates cables to a local college for hands-on training.
10
Fair Money & Economic Opportunity
0
Nexans is a cable manufacturing company.
1
The 'Fair Money & Economic Opportunity' value and its associated KPIs are primarily designed to assess financial service providers based on their lending practices, fee structures, and impact on customer financial well-being. As Nexans does not offer lending, deposit, or other consumer financial products,
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all KPIs are not applicable to its core business. While the company engages in corporate philanthropy through the Nexans Foundation,
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supporting access to energy and education in underserved communities,
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and has employee shareholding plans,
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these activities do not directly align with the specific metrics of financial product pricing, loan book composition, or customer debt burden as defined by the rubric. Therefore, no KPIs can be scored based on the provided evidence.
Fair Pay & Worker Respect
20
Nexans reported a workplace safety rate (TRIR) of 2.47 in 2024.
1
The company's employee engagement rate was 78% in 2024, meeting its target for the year.
2
Voluntary employee turnover was 10.40% in 2019.
3
In 2024, 84.5% of employees were on permanent contracts, implying 15.5% were not.
4
Fair Trade & Ethical Sourcing
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Nexans conducts an annual supplier audit plan, with 21 on-site CSR audits by an independent firm and 20 by its own team in 2024 for medium or high-risk suppliers.
1
The company reported no substantiated instances of human rights violations or breaches of decent working conditions in 2024.
2
Nexans promptly investigates alleged violations of its Code of Ethics and Business Conduct, ensuring swift and appropriate measures.
3
More than 80% of Nexans' spend was covered by a signed CSR Charter or equivalent supplier code of conduct at the end of 2024.
4
Nexans identifies the origin of materials, especially high-risk minerals and wood, and evaluates key ESG risks in high-impact purchasing categories.
5
However, the company faces difficulty tracing the history of recycled copper scrap, and only 645 supplier scorecards were collected globally by the end of 2024, with no specific percentage of multi-tier traceability provided.
6
Honest & Fair Business
-10
Nexans achieved an EcoVadis score of 77/100 in 2024.
1
The company has a formal online whistleblowing system (nexans.speakup.report) accessible to employees, customers, suppliers, and third parties, allowing anonymous reports and guaranteeing protection against retaliation.
2
Nexans has a Code of Ethics and Business Conduct and a dedicated Ethics Compliance Program.
3
In 2022, 100% of managers completed compliance training covering corruption, antitrust, personal data, and cybersecurity, and 100% signed compliance certificates.
4
In 2021, 98.3% of managers completed this training.
5
Kind to Animals
0
The company, Nexans, is a global cable manufacturer.
1
The provided articles and company description indicate that its core business activities do not involve animal-derived products, animal testing, animal agriculture, or animal-related operations.
2
Therefore, all KPIs related to 'Kind to Animals' are scored as N/A (0), as they are not applicable to the company's operations. There is no evidence in the articles regarding cruelty-free certifications, alternative testing methods, humane certifications, ethical input substitution, animal-related supplier audits, cage-free sourcing, animal testing policies or volumes, R&D investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare.
3
No War, No Weapons
-40
Nexans operates under a Code of Ethics and Business Conduct, which includes a Human Rights Charter, and has been a member of the UN Global Compact since 2008.
1
The company conducts annual human rights reviews across all high-risk zones and implements a vigilance program for suppliers, including formal due diligence, risk identification, and the right to delist non-compliant partners.
2
Nexans aligns its copper sourcing with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
3
Over 93% of its copper cathode supplies come from non-CAHRA countries, with the remaining less than 7% undergoing thorough due diligence or being CSR labeled.
4
The company has an internally defined list of countries from which it prohibits sourcing, indicating near-zero procurement from conflict zones.
5
In July 2022, Nexans divested its minority shareholding in a Russian company.
6
The Code of Ethics establishes ethical rules, and 100% of group managers completed compliance training in 2024 and signed compliance certificates in 2022.
7
However, the annual budget of €400,000 for the Fondation Nexans, which supports sustainable energy access, represents approximately 0.00563% of its €7.1 billion 2024 sales.
8
Planet-Friendly Business
-50
Nexans' total Scope 1, 2, and 3 greenhouse gas emissions were 131,651,333 tCO2eq in 2024.
1
The company's climate targets have been validated by the Science Based Targets initiative (SBTi) for a 1.5°C pathway, aiming for a 46.2% reduction in Scope 1 and 2 GHG emissions and a 30% reduction in Scope 3 GHG emissions by 2030 from a 2019 baseline.
2
Nexans has a net-zero emissions target for 2050.
3
In 2024, 81% of the company's energy was sourced from renewable and decarbonized sources.
4
The company's water intensity was 173 m³ per €1 million of net revenue in 2024.
5
In 2024, 99% of industrial sites were ISO 14001-certified.
6
The total production waste recycled was 79% in 2024.
7
In 2024, 55.8% of capital expenditure was aligned with the EU Sustainable Taxonomy.
8
Product Environmental Profiles (PEPs) covered 18% of Nexans' 2024 sales.
9
The share of recycled copper in copper rod production was 21% in 2024.
10
In 2024, 15% of total water withdrawals were from water-stressed areas.
11
Nexans has adopted TCFD recommendations since 2021 and conducted a study of physical climate risks in 2023.
12
Respect for Cultures & Communities
0
No specific, quantitative evidence regarding NXS.XETRA's performance on any of the 'Respect for Cultures & Communities' KPIs was found in the provided articles.
1
All articles were placeholders and explicitly stated that no relevant data could be extracted.
2
Safe & Smart Tech
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In 2022, 7,645 employees participated in the annual "Compliance Week" training, which covered cybersecurity risk and personal data management.
1
This represents approximately 85-90% of the company's over 8,500 employees. Additionally, 100% of managers completed this training in 2022 (98.3% in 2021) and signed a compliance certificate.
2
The average time spent per employee on digital training was 22 hours in 2023.
3
Nexans uses blockchain to register and encrypt digital certificates for products at each stage of their lifecycle, from production to installation.
4
Users have rights to be forgotten, object to data inclusion in data science projects, rectify and access information, and data portability.
5
They can terminate accounts to permanently delete associated data and opt out of data science projects via privacy settings.
6
Nexans has implemented last generation access control solutions.
7
However, a hardcoded root user with a known password was discovered in FTTO GigaSwitch firmware, with the vulnerability reported in May 2020 and fixed firmware released in May 2022.
8
Cyber penetration tests are performed yearly on key business and industrial systems, and specific security acceptance tests are conducted before IT projects go into production.
9
Despite this, the identified hardcoded backdoor vulnerability in the FTTO GigaSwitch took over two years from discovery to fixed firmware release. Personal data collected through cookies is retained for no longer than 7 days, and inactive accounts are anonymized after 24 months.
10
The company states it collects only necessary information.
11
Nexans' Code of Ethics and Business Conduct covers compliance with applicable regulations on personal data protection, and its privacy policies reference compliance with the EU General Data Protection Regulation (GDPR).
12
The Universal Registration Document was filed on March 27, 2025, with the AMF under EU Regulation 2017/1129.
13
Zero Waste & Sustainable Products
-30
Nexans recycled 80% of its production waste in 2023.
1
In 2024, 21.0% of copper rod production used recycled copper, and 6% of purchased aluminum rod had 10% recycled content.
2
The company aims to increase recycled copper in products from 5% in 2023 to 25% by 2028, and 30% recycled content in copper bars at its Lens facility by 2030.
3
Nexans launched the CABLELOOP service in 2024 for collecting and recycling cable off-cuts, and offers take-back programs for Mobiway plastic drums and packing materials in the Netherlands.
4
The company applies ecodesign principles, considering the entire product lifecycle, and has a circularity strategy.
5
Nexans recycles over 40,000 metric tons of its own production waste annually and aims to collect more than 800 metric tons of used cables by 2025 through CableLoop.
6
The company replaced 3 substances of very high concern in 2023, with 11 replacement projects underway.
7
Cables have long lifespans, ranging from 20 to over 40 years.
8
Nexans has company-wide waste reduction targets, including a 30% recycled content target for copper bars at its Lens facility by 2030.
9
The company has waste requirements for all tier-1 suppliers and works with suppliers committed to low-carbon PE/PVC and recycled aluminum.
10