MILAN, ITALY
Aiming to make our ambition to be a global player with a leading role in the challenges of decarbonisation even more credible, we are increasingly committed to promoting growth that is sustainable for the environment and for people. The significant progress made in 2023 in almost all ESG areas confirms that we are on the right track.
Our Climate Change Ambition seeks to position Prysmian as one of the main technological players in the transition to low-carbon energy. The climate strategy adopts “science-based” targets aligned with the Paris Agreement climate objectives. In particular, the Science Based Targets initiative (SBTi) defines the requirements for an effective Net-Zero strategy:
Within this initiative, Prysmian has taken the following actions:
Our Social Ambition concentrates on new 2030 commitments to improve our performance in diversity, equality and inclusion (DE&I), digital inclusion, the empowerment of communities, employee engagement and upskilling. By adopting a pro-active approach, the Group is evolving into an organisation that recognises diversity, inclusion and gender equality at all levels, committed to facilitating the empowerment of women.
Prysmian adheres to the UN Global Compact, the principles and spirit of which are reflected in the culture, values and practices of the group. Environmental, Social and Governance (ESG) values are deeply embedded in the Company’s DNA, inspiring its strategic priorities and influencing day-by-day behaviours.
The 2024 Integrated Report represents as additional proof of Prysmian’s daily commitment to integrating sustainability within its business strategies and its role as an enabler of the energy transition and digitalization process. In an integrated manner, the Report explains Prysmian’s ability to create both financial and non-financial value over time, in the context and markets in which it operates. The Sustainability Report shows how Prysmian has become a leading player in this global transition, starting from its history and examining its performance, the ever-growing commitment to innovation and the extraordinary projects undertaken in every part of the world. By providing further analysis, the Sustainability Report complements the Integrated Annual Report, comprising the Integrated Financial Report and the Non-Financial Statement, in which financial and non-financial information is integrated in a systemic approach covering strategy, governance, production activities, financial performance and social, environmental and economic interactions.
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Chief Sustainability, Investor Relations and Communication Officer
