Sustainability

CHIEF STRATEGY OFFICER

Maria Cristina Bifulco

"In the current context, as the sectoral leader, we are fully aware of the increasing impact of our decisions and actions. Our commitment to sustainable development is more central than ever: sustainability guides our approach to business management while also representing a shared responsibility to future generations. We are determined to lead the change towards a greener and more prosperous future for all."

"The path to a sustainable future has been set, and we do not intend to stop now. Our ambition is to make efforts every day to strengthen our connection with people, communities and the environment in which we operate, and always leave a positive impact."

ACCELERATING GROWTH

Prysmian’s sustainability strategy

Prysmian is an organization made up of people, united by a desire to connect the world and lead the energy transition and the digital transformation.

Passion, innovation and teamwork are what unites Prysmian every day with all of its stakeholders, working toward a horizon of sustainable growth.

The passion of responsible commitment, innovation as the mantra guiding every choice and teamwork as a model for thought, action and behavior.

The sustainability strategy is based on four pillars, each of which contributes to the creation of added value for the benefit of the Group and all its stakeholders:

  • Environment
    Our primary goal is to act proactively as pioneers in our Group's decarbonization process, promoting climate-altering emission reduction actions throughout the value chain and developing solutions whose positive impact extends beyond the boundaries of our business.
  • People and Communities
    People are at the core of our activities. We are committed to implementing pro-employee policies, recognizing merit, promoting the values of diversity and inclusion, ensuring work-life balance and benefitting the social communities in which we operate.
  • Governance
    The centrality of sustainability in our strategy is also evident from the definition of a specific governance, which has the task of presiding over all Group initiatives in a structured and rigorous manner, ensuring transparency, accountability and alignment of the interests of the Group's stakeholders, towards the achievement of ESG objectives.
  • Innovation
    Innovation is a strategic pillar that has characterized us since our origins, and it affects all dimensions of the company, starting from the development of new products, developed taking into consideration their added value in terms of environmental and social sustainability.

Our social and climate change ambitions

We seek to become a global leader in sustainability. That’s why in 2021 we set challenging new climate and social goals that promote the transition towards a low-carbon world and a more equal and inclusive working environment.

Our Climate Change Ambition seeks to position Prysmian as one of the main technological players in the transition to low-carbon energy.

We have adopted science-based targets aligned with the requirements of the Paris Agreement, which calls for net-zero emissions between 2035 and 2040 for those generated by internal activities (Scopes 1 and 2) and by 2050 for those generated by the value chain (Scope 3).

These targets have been approved by the Science-Based Target Initiative (SBTI).

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, Prysmian is evolving into an organisation that recognises diversity, inclusion and gender equality at all levels, committed to facilitating the empowerment of women.

United Nations Global Compact statement

Prysmian 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 Group’s DNA, inspiring its strategic priorities and influencing day-by-day behaviours.

50 climate leaders. Positive climate action across the world.

Prysmian is highly committed to supporting the development of greener and smarter power grids. Submarine cables are, and will be, an essential part of this development.

 

Prysmian has been involved over the years in many milestone projects across the globe, contributing to the development of entire communities. The focus of the new campaign – realized in collaboration with Bloomberg – is to showcase the work of organisations such as Prysmian, who are leading global thought and action on the critical climate issues of our time. We aim to become a thought leader in our industry and a positive contributor to solving environmental challenges.

Sustainability Report 2021

This is the sixth year of our Sustainability Report, a consolidated disclosure of facts and stats, with specific reference to environmental, social and staff-related issues, respect for human rights and the fight against bribery and corruption. The document is prepared in accordance with GRI Sustainability Reporting Standards; we have reported our efforts in several fields, from the protection of the environment and health and safety at work, to business ethics and integrity.

 

DOWNLOAD THE REPORT

PEOPLE & CAREERS

Diversity & inclusion

As a company with a global footprint, we take our responsibility to create an inclusive environment seriously. We have a culture of sharing, collaboration, openness and transparency which means we embrace diversity, and we consistently monitor our progression.


Each of our people has a unique skillset, perspective and capability that they bring to the business. We encourage them to make their mark on Prysmian by recognising the essential part they play both in the company and in the world.

Contact us

Select contacts by department

Maria Cristina Bifulco