Strong Commitment to Sustainability

Strong Commitment

OVERVIEW

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.

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Our Commitment

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.

Prysmian Group is committed to promoting a business model that integrates economic, social and environmental responsibility in all aspects and activities. Our strategic approach involves listening to, and actively involving all the Group's internal and external stakeholders, with constant attention to the evolution of the global and industry trends. We combine this with the ability to think about the future with a sense of responsibility towards the environment and society by promoting a business model based on shared values. The strength of this approach lies with the constant monitoring of the Group's sustainability performance along the entire value chain. The aim is to not only assess performance ex-post but also to develop a proactive attitude in decision-making processes and anticipate and seize new opportunities:

LISTENING & INVOLVEMENT

We believe in listening and the active involvement of all stakeholders.

GIVE ATTENTION

We pay attention to the evolution of the industry globally.

THINK RESPONSIBLY

We think about the future, focusing on responsibility towards the environment and society.

Strong Commitment to Sustainability