Our "Supply Chain"
In 2019 Prysmian purchased metals, plastics and other materials from nearly 5,600 suppliers used to produce energy and telecommunications cables and accessories, as well as buying special types of glass and coatings for optical fibers. Suppliers for recurring and strategic materials/services must subscribe to the Code of Ethics. Prysmian picks its suppliers through a formal process based on economic and financial analysis; it examines information and data on, for example, the risk of dependence on the supplier, or on the supplier’s technical and technological capacity and skills. Over 3,500 of Prysmian’s suppliers are in Europe, and Prysmian tries to work with providers with local presence wherever possible. The Group consumes slightly more than 2-3 % of the world's copper production and about 7% of the copper used in the electrical and electronic sector, making it one of the leading economic players in the sector. Long-term strategies for the purchase of copper and aluminum naturally lead Prysmian to work with the largest and most important companies in the respective sectors. Around 10% of the raw materials Prysmian purchases are renewable. Prysmian seeks to use the most integrated manufacturers who can guarantee long-term supplies and have direct access to raw materials, thus creating real industrial partnerships.