Ethics, Integrity & Philanthropy in Prysmian Group
Prysmian Group seeks to uphold the highest standards of fair and ethical practices in every action it undertakes every day across all its locations. Accordingly, the Group operates in line with its mission, vision and values.
As stated in the Sustainability Policy, Prysmian Group is committed to contributing to the socio-economic development of the communities in which it operates, being aware of the effects that its business can generate on the countries and economies in which it carries out its activities.
Prysmian Group believes that the access to energy and telecommunications is fundamental in the economic and social development of local communities.
Therefore, it decided to update its policy regarding all the measures designed to meet the needs of communities and civil society, in line with the vision, mission, values, Code of Ethics and Policies of the Group.
The objective of this policy is to define common rules that are shared within all Prysmian Group Companies in order to identify corporate citizenship and philanthropy activities related to the Group’s business operations. The aforesaid activities are implemented as part of the Sustainability Plan defined by the Group in order to identify priorities, goals and concrete actions that aim to meet the targets set out in the Prysmian Group’s Sustainability Scorecard.
The corporate citizenship and philanthropy projects that the Group aims to implement include:
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long-term initiatives aimed at solving socio-environmental issues in the communities in which it operates
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charitable gifts or cash donations
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commercial initiatives conducted in partnership with community-based organisations.
For more details on the meaning of ‘Community Investment’, the principles of the Group’s authorisation process and the types of contribution, you can download Prysmian Group’s Corporate Citizenship and Philanthropy Policy.