As an Active Copper Mark Partner, Nexans Strongly Believes in Responsible Copper Production

Source: www.gulfoilandgas.com 11/28/2022, Location: North America

Because the metals and mining industry will be at the core of enabling the energy transition, raw material scarcity in particular that of copper, is at the heart of Nexans concerns: maintaining our metallurgical plants is key to support sustainable growth and circular economy, as well as being committed to responsible copper production.

As an active Copper Mark partner, Nexans participates in the Risk Readiness Assessment revision process to implement responsible copper production practices and contribute to:

Support the move to Circularity
Respect Human Rights
Contribute to Social and Economic Development
Increase Transparency
Enhance Climate Action
Support Compliance.

In addition, Nexans is the only rod mill operator in the world to apply for the Copper Mark as part of a pilot project for its two factories in Lens (France) and Montreal (Canada).

Nexans has completed self-assessment Phase 1 of the pilot and has now entered Phase 2: Nexans sites will undergo a third-party assessment of their performance against 32 environmental, social, and governance criteria, conducted by a third party auditor. The assessment results will determine the Copper Mark award.

Through the Copper Mark Letter of Commitment, our two copper rod mills in Lens and Montreal commit to:
Meet all Copper Mark Criteria within 24 months of signing this Letter of Commitment;
Demonstrate conformance with the Copper Mark Criteria through participation in the Copper Mark Assurance Process
Nominate and provide an appropriate level of support and resources to a contact person who will coordinate with the Copper Mark;
Share information with the Copper Mark and the public as stipulated in the Copper Mark Assurance Process.


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