Strong Commitment to Sustainability

Strong Commitment

OVERVIEW

Commitment to Sustainable Development

Today, achieving financial targets is just one of the many goals 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 are a key part of this shift, outlining actions needed to reduce poverty, hunger, inequality, and pollution by 2030, with calls to action for all countries.

As an international company, Prysmian not only embraces these goals but also uses them to guide its sustainability strategy. We are committed to a proactive approach, increasing the sale of sustainable products, expanding waste recycling, and reducing greenhouse emissions. Furthermore, the top management team closely monitors these targets as they are linked to their variable compensation.

Our Commitment

Prysmian is committed to providing an efficient, effective, and sustainable supply of energy and information, which are essential for community development. Our dedication to sustainable energy is not just a goal; it is a mission that drives us to incorporate sustainability into our business model and to implement sustainable practices throughout the entire value chain of our operations.

At Prysmian, our sustainability strategy is a collective effort led by the North American Sustainability Steering Committee. This committee includes over forty employees from various business units and spearheads our region's environmental, social, and governance initiatives. It coordinates more than thirty priority projects each year, focusing on commercial activities, decarbonization, procurement, social issues, and safety. The committee plays a crucial role in helping the North American region achieve its goal of net-zero carbon emissions by 2035 to 2040. Its initiatives also aim to meet targets in critical areas such as diversity and inclusion, local community impact, and employee upskilling.

As a company, Prysmian's sustainability efforts concentrate on three main areas: innovation and sustainable products, reduction of natural resource consumption, and community development.

Strong Commitment to Sustainability