Ethics and integrity of the Group

Prysmian firmly believes that profit should always be achieved through respect for the rules and competitors. Our actions are fair and transparent, anticipating and meeting market needs, thus generating value for distribution to all stakeholders. 

At Prysmian, we have a robust anti-corruption culture bolstered by our comprehensive compliance policies, which ensure the security and protection of all our stakeholders. 

We have adopted an Anti-Bribery Policy and an Antitrust Code of Conduct, which are published on our corporate intranet. Updates are communicated to all employees.

Anti-Bribery Policy

This policy prohibits the corruption of public officials and private individuals. It requires every Prysmian employee to comply with and adhere to all anti-corruption legislation in the countries where they work or are active. 

Under this policy, no employee may make, promise to make, offer or approve the payment of anything of value, whether directly or indirectly, for the benefit of public officials unless in compliance with all current laws and to the extent expressly allowed by the company Policy. Non-compliance with this policy can result in severe legal and disciplinary actions. 

For this purpose, the term ‘public officials’ means the employees of a public agency or company controlled by the government, including commercial entities, international public organizations, political parties or party officials or candidates for public office.

Antitrust Code of Conduct

This code aims to manage any instances of unfair competition. It describes the issues relating to the application of Italian and EU competition policy regarding agreements and the abuse of dominant positions. Any specific situations arising must be assessed against this framework on a case-by-case basis. An established compliance structure.

To support and sustain integrity, one of Prysmian’s key values, the Company has appointed an organization to monitor the observance of the Code of Ethics and the Compliance Policies. 

The organization comprises the following roles:

• Chief Compliance Officer oversees all compliance policies and procedures, including the Code of Ethics. The Chief Compliance Officer reports to the Control and Risk Committee and the Chief Executive Officer.
• Local Officers are present at each location to ensure consistent implementation of compliance policies.

Ensuring employee adherence

We have introduced an e-learning module to enhance employee awareness of our Code of Ethics and Compliance Policies. A new version of this online application is now available on the Company's intranet. 

Completing the e-learning module is not merely a recommendation; it is a mandatory requirement for all Prysmian management and staff. This emphasizes our commitment to raising awareness about the Company's Code of Ethics and Compliance Policies and fosters a deeper understanding of our expected behaviors.

Prysmian is dedicated to enhancing relationships among employees by respecting their rights, expectations, and needs while promoting better living standards and professional growth. The individual is at the heart of every activity at Prysmian and drives our future development.
Download our Code of Ethics

Human Rights

At Prysmian, we are dedicated to respecting and protecting human rights, ensuring the dignity, freedom, and equality of all individuals. Our strong commitment to human rights is a fundamental aspect of our ethical principles. We reject all forms of discrimination and illegal activities, including corruption, forced labor, and child labor. 

To guide our actions, we adhere to the framework established by the United Nations Universal Declaration of Human Rights and the Fundamental Conventions of the International Labor Organization (ILO).

Download our Human Rights Policy 

Diversity & Inclusion

As a company with a distinctly global outlook, we understand and respect the diversities of every country we operate in. Our policies are designed to promote a multicultural environment while fostering a shared identity among our global community. 

Our diversity and inclusion policy has earned us a prestigious position on the FTSE4Good Index. This recognition is a testament to our commitment to international standards and the well-being of our employees. 

At Prysmian, we firmly believe in the importance of promoting equal opportunities. We see diversity as a strength, and we are committed to inspiring uniqueness among our people.

Download our Diversity & Inclusion Policy

At Prysmian, our commitment to sustainable development remains strong. We operate globally with respect for the environment and local communities, encouraging responsible resource use and promoting projects that enhance the well-being of the areas in which we work. Stakeholders can trust our dedication to sustainable practices.

Our Corporate Citizenship and Philanthropy Policy reflects our commitment to local communities and establishes standards for identifying initiatives that align with our business operations. This policy ensures that our corporate activities primarily support efforts to improve access to energy and telecommunications, particularly in developing countries. We take pride in making a positive impact on these communities.

Download our Corporate Citizenship and Philanthropy Policy

Prysmian also adopts a proactive approach to promoting commercial practices that ensure a responsible and sustainable supply chain. Our unwavering commitment to ethical, economic, environmental, and social standards is evident in our development of a Conflict Minerals Policy, alongside our Code of Business Conduct. This policy monitors sourcing trends among suppliers and advocates for a free, secure, and conflict-free mineral trading environment. Stakeholders can be confident in our commitment to responsible sourcing.

Download our Conflict Minerals Policy