Ethics & Integrity of the Group

Ethics and integrity

A COMMITMENT TO ETHICS AND INTEGRITY

One of Prysmian's three core values is to foster an atmosphere of trust, empowering individuals to make decisions with integrity. Our stakeholders recognize strong ethics as a crucial driver of the company's success. Prysmian upholds this value of trust through its Code of Ethics, which serves as a guide for daily conduct for all employees. 

 

The Code of Ethics aligns with the best international practices and adheres to the principles outlined in the United Nations' Universal Declaration of Human Rights and the International Labour Organization's (ILO) Fundamental Conventions.

Integrity for all Three Pillars of the Sustainability

Prysmian’s Code of Ethics embraces the themes of integrity in business, environmental responsibility, and human and labour rights.

ETHICS IN BUSINESS

Applying ethical principles in business involves adhering to transparency and competition standards. Prysmian's Antitrust Policy establishes clear guidelines for interactions with competitors and tenders, aiming to prevent anti-competitive practices. Additionally, the Anti-Bribery Policy safeguards against corruption by prohibiting bribery involving both public officials and private individuals. To foster an anti-corruption culture, Prysmian implements several measures, including:

  • Mandatory due diligence for all new agents, distributors, and other relevant third parties, including suppliers.
  • Internal training programs.
  • The use of specialized software systems and databases to mitigate associated risks.

 

 

RESPECTING OUR PEOPLE

At Prysmian, intellectual capital and talent development are considered strategic assets that form the foundation of the company's growth. We envision a future where diversity is a key objective, aiming to increase the representation of diverse individuals at all levels of the organization by 2020. Furthermore, our global diversity policy supports the development of a more balanced recruitment pipeline, prioritizing diversity throughout the hiring process.

RESPONSIBILITY TOWARDS THE ENVIRONMENT AND COMMUNITIES

Prysmian is committed to environmental responsibility in both its products and manufacturing processes. The company calculates the CO2 footprint of individual cables and works to minimize water and energy consumption across various countries worldwide. Additionally, Prysmian encourages the responsible use of resources and supports social projects aimed at developing the local communities where it operates.