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Environmental Performance

Environmental Performance

Prysmian Group aims to reduce its environmental footprint by cutting its energy consumption, the efficient use of natural resources, the optimization of logistics flows and the responsible management of waste. The Group measures and reports its most significant environmental impacts on employees and local communities, and as a competitiveness and value factor. These aspects are: energy consumption, in both manufacturing and service activities; water consumption, which is significant due to the large volumes needed for cooling in the various production cycles; hazardous and non-hazardous waste; recycled waste, both hazardous and non-hazardous; greenhouse gas emissions (GHG).

Our current energy performance

Total energy consumption by the Group in 2021 was higher than in 2020 due, in part, to expansion of the reporting perimeter on acquisition of the EHC plants and the increase in production after the Covid-19 pandemic. Our total energy consumption in 2021 was 9.73 million gigajules (GJ). Over one third of that amount, or 3.58 million GJ, was electricity, and over 2.59 million GJ was electricity from renewable sources. The production of power cables accounted for over 68% of our total energy consumption.

Greenhouse gas emissions

Prysmian climate strategy adopts “science-based” targets aligned with the requirements of the Paris Agreement, which calls for net-zero emissions by 2035 for those generated by internal activities (Scopes 1 and 2) and by 2050 for those generated by the value chain (Scope 3). Starting in 2021 Prysmian is disclosing a GHG Statement with the aim of tracking its progress against established targets and giving a transparent disclosure of the whole value chain carbon footprint. The 2021 Scope 3 emissions represents more than 99% of the total carbon footprint of the Group.

Hazardous and nonhazardous waste

Overall, Prysmian Group’s waste in 2021 totaled 212,703,640 kilograms, up 11.4% compared to 2020; hazardous waste represented 6.3% of the total of waste produced. Regarding non-hazardous waste, the HSE and Manufacturing functions are carrying out ever-more detailed checks to align the way that waste is collected and reported at group level. In particular, reports now include a specific “Scrap cable” caption in order to improve the tracking of that material.

Recycling waste

Whenever waste is unavoidable, finding the best recycling solution helps to stay sustainable and efficient. Prysmian has set a target of recycling 65% of its waste in 2022, which has already been met in 2021. In terms of the disposal method used for different categories of total waste produced, 69% of the waste is recycled, in line with 2020, while 21% is disposed of in landfills.

Water consumption

Prysmian Group plants principally use water for cooling purposes, and local wells are the main sources of water, satisfying more than half of all water needs. The water used for cooling at many Prysmian plants is recirculated, in whole or in part, and this currently allows for optimization of water and energy consumption.

In order to identify possible water-stress conditions, over a time horizon extended to 2040, we analyzed the geographical position of the Group’s sites and found that about 23% of them will be potentially exposed to the risk of reduced water availability. To lower the exposure to such risk, Prysmian has already put in place a mitigation plan including continuous monitoring of water consumption, appropriate maintenance of the water systems to avoid losses, and further improvements of the water recycling systems for optimization of water consumption.

Shipping fleet

Prysmian Group owns and operates a shipping fleet, comprising four vessels (the Leonardo da Vinci, the Giulio Verne, the Ulisse and the Cable Enterprise). The fleet consumed 283,433 GJ of energy in 2021, and had Scope 1 emissions of 21,639 tC02 equivalent. It disposed of 898,187 kilograms of waste, of which 312,158 was domestic waste and 124,344 was plastic.

Biodiversity protection

Prysmian Group seeks to plan activities that are respectful of natural habitats, carrying out advance feasibility analyses of new plants and monitoring protected areas in the territories in which the Group operates. We added biodiversity to the materiality matrix in 2020 as a relevant topic for the group and its stakeholders. The topic of biodiversity applies to one-tenth of all our plants, as they are located in protected areas in (principally) France, Brazil, Germany, the UK and Spain. Where necessary, or as agreed with the local authorities, Prysmian plants participate in the related protection activities.

Improvement initiatives

We carried out various initiatives to improve environmental management at our plants during 2021. For example:

  • Balassagyarmat (Hungary): natural gas consumption has been reduced by implementing new technologies for the production of compounds.
  • Livorno (Italy): natural gas consumption has been reduced by installing a new steam boiler for the reverse osmosis plant, with an increase in yield from 77-78% to 95%. [This has resulted in an annual gas saving of 3960 Nm3 and an annual water saving of 214 m3.]
  • Mudanya Energy (Turkey): water consumption has been reduced by using photocell taps and systems for the on-line monitoring of meters.