I always ensure its earthed at least at the supply end, ive come across 4 in past 5 yrs that had live braiding because of crush damage on a 415 volt 5core sy, over 50% of the cable braiding is next to a phase so damaging cable can give a good chance of making braiding live without even touching the earth core. The issue as most will know is if its used as a rough service cable is getting the screening earthed if youve get a 415v trailer on it as it dont all fit in the earth terminal as well as the earth core, so i avoid this use as an extension but do use it as rough service if i can fit the extortionately expensive braiding clamp glands.
Edited extra note! Please remember although it should be earthed the braiding shouldnt be used as an earth conductor, a seperate earth core should be used.