But we’ve been working hard on several other improvement initiatives recently, particularly focussed on increasing awareness and attention to detail when it comes to sustainability. For example:
- Our latest edition of the Prysmian Purchasing Professional Academy – the training programme dedicated to purchasing matters – included an important new chapter dedicated to examining the importance of sustainability considerations
- The most significant environmental impact is generated by the production cycle used by our suppliers of base metals, from extraction to emissions and the consumption of energy at the refining stage, through to the production of rod. So, as part of the vendor management of base metal suppliers, we fully map all suppliers of rod at Group level. In addition, all suppliers will be classified with reference to their awareness of and dedication to the issue of sustainability. These results will be considered when we make purchasing decisions, giving preference where possible to suppliers with the highest sustainability ratings.
- As part of our initiative to improve the efficiency of the materials supply chain, we’ve developed an algorithm and proprietary information system that optimises the allocation of requirements among our various suppliers. In a nutshell, this will essentially help to optimise our logistics flow, including any transportation of materials required, and the related impact on emissions.