Nexans' group social and environmental indicators
Our extra-financial performance
Nexans is committed to building a lasting relationship and sharing values with all its stakeholders. The continuous improvement of our results reflects both the robustness of our CSR policy for stakeholders and the intelligent management of our strategy.
CSR performance is constantly improving in 2022
Carbon Disclosure Project (CDP)
In 2022, Nexans is proud to have maintained its top ranking by CDP, confirming it’s A- rating for the second year in a row, and for the third time during the four past years, as one of the global leaders fighting against climate change by CDP. The Group remains among the 11% of leading companies in the sector of electrical utilities.
In 2022, ISS ESG attributed a B- rating to Nexans, up from C+ in 2017. The best rating in the sector being B, the Group maintains its Prime status. At the end of 2022, Nexans was ranked Decile Rank 1, indicating company’s rating is in the first decile within its industry of Electronic Components sector.
In 2022, Nexans is awarded a 78/100 and a Platinum Medal. This overall score positions the Group in the top 1% of companies assessed by the rating agency.
In 2022, Sustainalytics has upgraded Nexans ESG risk rating to 20.6 from 20.8 in 2021. It represents a medium risk of material financial impacts driven by ESG factors. This rating is based on its average risk exposure and strong management of material ESG issues. Nexans is targeting the grade 20 to enter the low risk category.
In 2022, MSCI has upgraded Nexans to 'A' from 'BBB' in 2021. MSCI ESG Ratings aim to measure a company's resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key issues based on a company's business model.
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