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TOP CONTENT

Prysmian Group top management to meet with stakeholders online, since our annual event has now gone digital.

Sustainability Day on November 23 kicked off three more digital interactive stakeholder engagement workshops to get feedback our sustainability strategy.

We achieve our sustainability goals by working with partners. And to do that, we all need to be on the same page. That's why stakeholder engagement is key part of Prysmian Group’s sustainability strategy.

The impacts of Climate Change: a look into the future

Sustainability Strategy, social and climate targets, and the importance of engagement

Innovation for more sustainable power
transmission grids

Prioritizing social impact and climate change commitments

Implementing ESG strategies in our regions

An online event for a deep dive into environment, climate and social issues and innovation.

Prysmian Group launched a Sustainability Day and three interactive online workshops in a digital format for our annual 2021 Stakeholder Engagement event, an important meeting when we received crucial input and feedback to shape priorities for the Group’s sustainability strategy.

Prysmian Group holds a continuous dialogue with people most affected by our business, so that we can incorporate their main concerns into our overall strategy of making cables for the energy and digital transitions. We were looking forward to finding out more about our stakeholders’ priorities in 2021.

Main topics of the event

What Prysmian is doing to fulfill its commitment in the decarbonization process of its sector and supply chain, as outlined in the Group’s Climate Change Ambition and in the Paris Agreements 1.5° scenario-aligned targets, approved by SBTi:

The new 2030 targets support achievement of Prysmian's Social Ambition goals and further align the Group with the UN SDGs.

Key focus areas of the Group's new Social Ambition include:

  1.  Enabling decarbonization towards net-zero
    • -46% Scope 1 and Scope 2 emissions by 2030;
    • -21% Scope 3 emissions by 2030;
    • Net zero Scope 1 and Scope 2 emissions by 2035.
  2. Generating positive impact on stakeholders at the centre of ou Social Ambition

    The new 2030 targets support achievement of Prysmian's Social Ambition goals and further align the Group with the UN SDGs.

    Key focus areas of the Group's new Social Ambition include:

    • Developing D&I and Women in STEM programs;
    • Measurement of business impacts on local communities;
    • Maintaining workplace health and safety as a top priority for collaborators through programs aimed at daily prevention;
    • Promoting upskilling and engagement of employees.
  3. Impacts of sustainability on business
    • Energy transition
    • Digitalization
    • Innovative sustainable infrastructure

We held three workshops moderated by PwC for a deep dive into sustainability issues involving our environmental impact, social topics and innovation. Each workshop featured a presentation by a senior executive on Prysmian Group’s initiatives and goals in their area, to be followed by a discussion with participants about the Group’s objectives, experience and global trends on workshop’ topic. Participants could use a voting system, available through the dedicated digital platform, to make the discussion more interactive. The Q&A discussion will took place over chat.

 

Key aspects

Goals:

  • analysis of key aspects for PG Climate, Social and Digital ambitions.
  • engage audience to gather key insights on:
    • Social Impact
    • Decarbonization and Climate Change
    • Innovation for enabling transition

“Prysmian Group’s business model is based on the concept of shared value that calls for listening to and actively involving all internal and external stakeholders. The strength of the Group’s approach is the constant monitoring of our sustainability performance along the entire value chain, making us able to seize new opportunities in the ESG (Environmental, Social and Governance) area.”

Array

Maria Cristina Bifulco

Chief Sustainability Officer and Group Investor Relations Director

Sustainability Day 2021 - Presentations

Prysmian Sustainability Priorities - The strategic role of engagement

Maria Cristina Bifulco

Implementing ESG strategy in the cables industry

Massimo Battaini

Fiber optic technologies: playing in the journey towards a greener future

Philippe Vanhille