Embracing Diversity & Inclusion: Prysmian's Commitment

Diversity & Inclusion

STORIES

Prysmian believes in the value of individuals, backgrounds, leadership styles, and attitudes because each person can generate value for the company. In addition, our global footprint not only enables us to promote an inclusive environment but also connects us to a larger, interconnected community, encouraging the development of our group culture and identity. Side by Side is the Prysmian's project to promote Diversity and Inclusion at all levels of the organization.

Our Diversity & Inclusion Journey

"We started our Diversity & Inclusion journey because we wanted a program that would engage the entire organization across the globe and we called it SidebySide. Since then, many initiatives have been launched, globally and locally. Diversity & Inclusion has become one of the most strategic pillars of our Company culture." 

 

- Fabrizio Rutschmann, CHRO Prysmian Group

“Together with our active role in energy transition, we want to promote a more equal, diverse, inclusive, and enriched working environment. We also want to continue to positively impact the development of the communities in which we operate. Our Investors are increasingly focused on the social aspects of ESG Sustainability. They support and encourage us in following the path towards achieving our Company's Social Ambition targets for 2030.”

CRISTINA BIFULCO

Chief Sustainability Officer, Prysmian Group

EMBRACING DIVERSITY

SIDE BY SIDE MEANS LEVERAGING ON UNIQUENESS

 

We support the idea that every person in our Group should follow their individuality and leadership style.

 

People are evaluated and promoted on a meritocratic basis.

Having people of different ages provide a competitive advantage for us. We are able to leverage diverse professional mindsets and drive innovation through knowledge and expertise.

 

Culturally diverse teams are respected and valued. When people from different countries, industries and companies work together, they can push changes and enhance entrepreneurship.

SOCIAL AMBITION TARGETS FOR 2030

Diversity, Equality & Inclusion

  • 50/50 split between women and men in new hires

  • Commitment to have women hold at least 30% of senior leadership roles

  • Zero Pay Gap (equality in pay across all roles)

  • Commitment to have at least 30% of executives from under-represented nationalities/ethnicities

 

Gender Equality: Women in STEM

Commitment to hiring more than 500 women in a dedicated science, technology, engineering and math (STEM) recruitment program. Prysmian Group has adopted the Women's Empowerment Principles and promotes gender equality across the business. 

Work-Life Balance: Best Practices from Milan HQ

Global Diversity Recruitment Policy

The principal objective of Prysmian Group’s Diversity Recruitment Policy is to strengthen the recruitment process by adopting a standardized methodology that will promote the highest standards for our hiring activity. In addition, our Diversity Recruitment Policy enables us to select the best talent on the market by promoting diversity and inclusion at all levels of our organization.
 

PURPOSES

  1. To reinforce the recruiting process by providing a standardized methodology to ensure equal opportunities in every selection step.
  2. To establish specific guidelines for recruitment. Each recruiting action can create a more diverse organization.
  3. To ensure our marketing and advertising materials, job postings, website and annual report adhere to our Diversity & Inclusion Policy principles and relevant employment legislation.
  4. To improve internal and external branding to attract and retain talent, diversify our employee population and expand our talent pool.
 

North American Parental Policy

Prysmian North America is proud to announce the launch of a new parental leave policy to emphasize our commitment to diversity, equity and inclusion alongside our commitment to supporting employees who choose to become parents. The new policy gives parents ample leave with full salary and benefits and a flexible working schedule to transition back to work.
 

Prysmian also offers an Adoption Assistance Program designed to support domestic and foreign adoptions.

SIDE BY SIDE ACTIVITIES

THE PROJECT IS DEVELOPED ALONG THREE MAIN PILLARS

 

Side by Side can leverage the contribution and the support of a global diversity workstream that has the following principal accountabilities:

  1. Promote diversity within the Group through benchmarking, best practice sharing, and specific communication campaigns

  2. Propose diversity objectives and definition of HR policies to achieve them;

  3. Support HR and Organization in the design of specific training and development initiatives to support diversity within the Group

  4. Monitor and discuss the progress to improve gender diversity within the Group;

  5. Promote a cultural change to facilitate diversity enhancement across the Group.

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