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 first thing you will need to discover is whether you are dealing with a three-phase motor. You may already know this from the application, but another giveaway is that the lead wires of most three-phase motors are single colors, not multiple colors, and usually identified with numbers. If, on the other hand, the motor diameter is less than seven inches and has a terminal board, it is most likely a single-phase motor.
Here is where metallurgy comes into play. A motor rich in magnetically soft material will be more efficient, producing more work with less heat. And since the magnetic capacity of a motor also is influenced by the amount of active material (more core, more laminations), the tendency might be to try to add as much magnetically soft material to your design as possible.
The unshielded conductors radiate an electric noise field that couples capacitively with adjacent wiring. Stray capacitance at A & C cause ground currents to flow creating a magnetic noise field that couples inductively with adjacent wiring.