MILAN, ITALY - 04 AUG 2023
Sustainability
“Sustainability is in our DNA and is an integral part of our business across the Group’s entire organisation. We are constantly reinforcing our technology offer in support of the energy transition and are committed to increasing the percentage of sales from low carbon products to 50% by 2022.”
Valerio Battista
Chief Executive Officer
Prysmian Group
Chief Executive Officer
Prysmian Group
Our Climate Change Ambition seeks to position Prysmian Group as one of the main technological players in the transition to low-carbon energy.
The climate strategy adopts “science-based” targets aligned with the Paris Agreement climate objectives. In particular, the Science Based Targets initiative (SBTi) defines the requirements for an effective Net-Zero strategy:
- reduction of Scope 1, 2 and 3 emissions to zero, or at least to a residual level consistent with achieving the global or sector targets set in line with the Paris Agreement (1.5°C);
- neutralisation of any residual and GHG emissions released into the atmosphere.
As part of this initiative, Prysmian has taken the following actions:
- definition of a short-term emissions-reduction target;
- definition of a long-term emissions-reduction target;
- launch of projects for the neutralisation of residual emissions.
Our Social Ambition concentrates on new 2030 commitments to improve our performance in diversity, equality and inclusion (DE&I), digital inclusion, the empowerment of communities, employee engagement and upskilling. By adopting a pro-active approach, the Group is evolving into an organization that recognizes diversity, inclusion and gender equality at all levels, committed to facilitating the empowerment of women.
United Nations Global Compact statement
Prysmian Group adheres to the UN Global Compact, the principles and spirit of which are reflected in the culture, values and practices of the group. Environmental, Social and Governance (ESG) values are deeply embedded in the Groups DNA, inspiring its strategic priorities and influencing day-by-day behaviours.
Sustainability Report 2022
This year, for the first time, Prysmian Group has published the Sustainability Report as a stand-alone document. This mode of reporting allows us to explain Prysmian’s role as an enabler of the ecological transition and digitalisation processes. The Sustainability Report shows how Prysmian has become a leading player in this global transition, starting from its history and examining its performance, the ever-growing commitment to innovation and the extraordinary projects undertaken in every part of the world.