Committed to Sustainable Development
Today, achieving financial targets is no longer the only goal for businesses. Business decisions now encompass considerations for potential health, safety and environmental impacts. The Sustainable Development Goals (SDGs) set out by the United Nations outlines actions needed in order to reduce poverty, hunger, inequality and pollution by 2030 with calls to action for all countries. As an international company, Prysmian embraces those goals and uses them to guide its sustainability strategy. Prysmian is committed to increasing the sale of sustainable products, expanding waste recycling and reducing greenhouse emissions. In addition, the top management team closely monitors these targets as it is linked to their variable compensation.
Prysmian aims to achieve an efficient, effective and sustainable supply of energy and information as the main driver for the development of communities. Prysmian, therefore, integrates sustainability into its business model and has taken steps to implement sustainable practices throughout the entire value chain of its business activities.
Prysmian’s sustainability strategy is implemented via 16 targets, with the management team carrying out annual updates. The process is monitored by the Sustainability Steering Committee chaired by the group’s Chief Operating Officer.
Prysmian’s sustainability efforts focus on three main areas: innovation and sustainable products, reduction of natural resources’ consumption, and community development.
LISTENING & INVOLVEMENT
We believe in listening and the active involvement of all stakeholders.
We pay attention to the evolution of the industry globally.
We think about the future, focusing on responsibility towards the environment and society.