Nexans’ CSR performance is recognized by several independent rating agencies, reflecting the Group’s ongoing commitment to a transition towards sustainable and responsible practices.
In 2024, Nexans has maintained a high CDP Climate rating of “A-“. This allows Nexans to maintain its leadership position in the Metal Products manufacturing Activity Group. This recognition reinforces Nexans’ commitment to sustainable electrification, emphasizing its dedication to climate action and environmental transparency. Additionally, in its first year of water-related scoring, the company achieved a strong “B” rating.
In 2024, Nexans achieved a score of 77/100, positioning the Group in the top 5% for that year. This achievement not only highlights Nexans’ strong performance within its sector but also emphasizes the company’s unwavering commitment to sustainability as a core pillar of its strategy.
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 their business model.
This A rating means that Nexans’ actions have proven our company’s resilience to environmental risks. It also demonstrates that our management practices reduce social risks, and reflects our sound governance structure.
In 2024, the Group’s ESG risk rating was evaluated at 23. This 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.
With a specific risk-based approach, lower ratings are better for this questionnaire.
In 2024, ISS ESG maintained Nexans’ rating of B–, with B being the best rating in the sector. This score enabled the Group to keep its Prime status. ISS ESG awards prime status to companies that fulfill its demanding requirements regarding sustainability performance in the electronic components industry.
