At a time when electricity demand is set to increase by 35% by 2050, and the world is heading for a risk of shortages of raw materials, including copper, Nexans strengthens its role in the circular economy to speed up the energy and climate transition with the launch of CableLoop – a recycling and recovery service for cable offcuts.
By investing in the recycling of non-ferrous metals, Nexans is promoting the creation of a sustainable cycle geared towards decarbonised energy – extended life cycles, reuse and recycling will contribute to a circular economy, reducing the use of virgin resources and lowering the carbon footprint created by the electrification of our activities.
Nexans already recycles over 40,000 metric tons of its own production waste every year. In Europe, this cable sorting and recovery process is partly carried out through the RecyCâbles joint venture created with Suez in Noyelles-Godault (North Western France).
As well as guaranteeing product traceability, local processing avoids the need to export large quantities of waste from France.
Nexans aims to use a minimum of 30% recycled copper in the manufacturing of its cables by 2030.
End-to-end recovery of cable for clients and partners
With 60 years’ experience in recycling cable waste, Nexans is stepping up its circular economy strategy with the launch of CableLoop.
Nexans buys used cables, such as end-of-construction site electrical wires or obsolete industrial cables, and transforms them into valuable, infinitely reusable resources for its partners, customers, suppliers and the cable industry.
Two versions of the service are available:
- CABLELOOP Enterprises: the service for companies via on-site collection
- CABLELOOP Professionals: a new service offered by specialised distributors, for professional customers and electricians who can return their used cables to their branch
With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025 and to expand this circular model by developing waste collection and recovery from the industrial ecosystem and from its electrical equipment installation and distribution partners in France and Europe (Germany, Belgium, Spain and Italy.)
Nexans will offer tailor-made logistics solutions and simplified, autonomous waste management on a 24-hour web platform together with traceability of the entire chain of operations.
“Nexans has been aware of the looming copper shortage for many years now, and has been warning of the consequences,” said Guillaume Teixeira, Managing Director, Nexans France. “Our strategy incorporates circularity, an essential response to resource scarcity. Electrifying the future expresses Nexans’ conviction not only in terms of innovation but also, above all, in creating a responsible and sustainable ecosystem for our partners, customers and employees.”
