The shield strongly attenuates the electric field noise. Core to shield capacitance is added to the stray capacitance, increasing ground currents in the loop. These currents generate a magnetic field. It is important to minimize the area of this loop as far as possible by routing the cable close to grounded metalwork.
The PWM Drive (pulse-width modulated drive) to motor power conductors are typically the most intense noise source in a system. Proper implementation of shielding, grounding, splicing, and treatment of excess cable is essential to reducing noise in your system.