Prysmian Group’s Sustainability Report reveals that €1,580 million
in economic value was generated in 2015 – an increase of almost
10%. Prysmian was also included in the FTSE4Good Global Index,
and climbed 10 points on the Dow Jones Index.
Published in accordance with the G4 Sustainability Reporting Guidelines, Prysmian’s fifth Sustainability Report showed that in 2015 the Group has moved further forward with its commitment to sustainable business development by improving its governance of sustainability issues, conducting a more comprehensive analysis of the impact of its activities, and updating its materiality analysis through a new multistakeholder engagement event in Spain.
The economic value generated increased by nearly 10%, to €1,580 million. Additionally, the Group was included in the prestigious FTSE4Good Global Index, which recognises companies that stand out for the ethical, transparent and sustainable management of their activities.
The Group also achieved a tenpoint improvement in its Corporate Sustainability Assessment (CSA) results for the Dow Jones Sustainability Index, one of the world’s foremost sustainability assessors.
Winning the ‘Environmental
Impact’ award
Prysmian’s innovative new PV1100 ARcable
project saw the Group win the
‘Environmental Impact’ category at a
special ceremony organised by our key
French customer and partner installation,
SPIE Sud-Est. Low voltage and designed
for connections of photovoltaic fields, the
cable’s double insulation and reinforced
sheath provides safe direct burial, without
the need for additional mechanical
protection. The cable also ensures a shorter
and easier installation phase, with reduced
environmental impact due to lower material
consumption and transportation.
Improved governance
Prysmian Group strengthened its commitment to sustainability at governance level, by assigning responsibility for such issues to the Compensation and Nomination Committee. A Sustainability Steering Committee has also been appointed, with the aim of discussing the Group’s strategic guidelines, and implementing a plan of action.
