Social Ambition

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Prysmian Group Social Ambition

Prysmian Group’s Social Ambition targets sit alongside its Climate Ambition targets. New 2030 targets support delivery of Prysmian’s Social Ambition objectives and further align the Group with the United Nations Sustainable Development Goals.

The main areas of focus of the Group’s Social Ambition include commitments to improving

diversity,
equality and inclusion;
digital inclusion;
empowerment of communities;
employee engagement and upskilling.

CEO Commitment Women's Empowerment Principles

At Prysmian, our global workforce is valued for its knowledge, skills and expertise. Each of us is unique, but united by our drive to succeed. Working with shared values to achieve our goals together.

Together we made it happen so far, and together we can even in the next steps succeeding in writing new chapters of our history to achieve a brighter tomorrow for us, for our Group and for the Communities in which we operate.

Sustainability is in our DNA and is an integral part of our business across the Group’s entire organization. Diversity and Inclusion is a key part of our Sustainability commitments. Our goal and commitment is strengthen our inclusive culture worldwide where all our employees are supported professionally in order to grow and where there are no obstacles based on gender, age & generation, background & culture, race, ethnicity, nationality, sex, sexual orientation, religion, or disability.

Each stakeholder is unique through their differences and this unity bring us together through full engagement and focusing on development of all stakeholders (employees, customers, suppliers, communities and shareholders), where everyone can feel safe, heard, seen, respected, engaged, motivated and valued, for who they are and for their contributions toward organizational and social goals. Inclusion only happens when the diversity of an organization is fully leveraged.

Since 2016, Prysmian Group has therefore continuously expanded its activities in the area of Gender Balance and taken below actions:

Official Launch of Side by Side, our Diversity & Inclusion Project at global level
Creation of the Group Diversity Workstream
Global Strategic Recruitment Programs and Official Gender Balance Targets
Women Leadership Program
D&I in our Engagement Survey
Diversity Academy
D&I as a main function in the Group
Side by Side positioned not only on gender but also on age and culture
Global Diversity Recruitment Policy
Diversity as one of the Leadership Principles in the new Leadership Model
Review of Potential Drivers in P4 to reduce gender bias
Intranet/website dedicated page for Diversity & Inclusion
Awareness Workshops
Global Maternity Policy
Official D&I Performance Indicators System
Day Care projects in different sites
Gender-Pay-Gap Analysis (in progress)
Gender balance in internal promotions
Global Anti-Harassment Policy
D&I Digital Trainings
Global Digital D&I Week
Signing UN WEP

Prysmian Group continue enlarging its actions in work-life balance in order to open up new career opportunities, especially for women. The measures range from childcare and the return guarantee after parental leave to flexible working-time models and part-time work - also for managers.

In recent years, the Group has increased the proportion of women:

in total workforce to 17%, with a new target of 17-19%
in women recruitment of desk workers to 34%, with a new target of 40%
in women in all management positions over 23,5 (as of Feb 2021), with a new target of 25-27%

by the end of 2022 through a set of KPI’s distributed to all Regions to guarantee professional equality.

To achieve these objectives, Prysmian Group is further committed to

Focus on Gender Equality and Diversity in Recruitment.
Empowering all women and girls in Exe Positions.
Grow Race and Ethnicity Inclusion in Exe Positions.
Provide better inclusion of all the workforce members through digital connection and innovative solutions to get all on board.
Upskilling and reskilling through blended learning and development programs, such as Internal Job Posting, individual development plans, Leadership Programs, Women in Leadership Program, Job Rotations, flexibility, internal job across functions, global mobility, etc.
Wellbeing of all employees, as well as working and remuneration conditions.
Side by Side positions on different nationalities, race and ethnicities.

Valerio Battista, CEO Prysmian Group

HEALTH & SAFETY	GENDER EQUALITY	RACE/ ETHNICITY INCLUSION	EMPOWER LOCAL COMMUNITIES	DIGITAL INCLUSION	UPSKILLING & ENGAGEMENT
Injuries Index towards 0 (employees & contractors)	50/50 in Recruiting of Desk Workers	More than 30% of Executives from under-represented nationalities/ ethnicities/origins	At least a project per year, with focus on developing countries and vulnerable communities	Connecting 100% (over 30,000) of our employees through global platforms, achieving a proper level of adoption	40 yearly hours per capita of experienced learning for all employees
	30% of Women in Senior Leadership roles	Local mentoring programs for 500 students coming from minorities-poverty	Local projects with donation of optic and electric cables		More than 25% of employees involved in mobility/growth experience every year
	25% of Women in the Total Workforce				50% of employees as stable shareholders through share ownership plans (YES)
	+ 500 women in a fully dedicated STEM program				Higher than 80% response rate to Engagement Survey
	+ 500 women in a fully dedicated STEM program				Leadership Impact Index improved to 70-80%
	Zero Pay Gap Desk Workers

Fully utilizing the global expertise of its people is an integral part of Prysmian’s long-term sustainability strategy. Prysmian is proactively developing as an organisation which recognises the need for diversity, inclusion and gender equality at all levels, and is committed to empowering more women to pursue careers with Prysmian in technical and scientific roles. The Group is also promoting programmes to expand the digital inclusion of all its employees, while eliminating discrimination by role or position.

Our company values are driving the journey

Prysmian Group is committed to working in partnership with the many local communities in which it operates, primarily through its industrial presence, promoting their technical-professional, socio-cultural and human capital growth.
Prysmian promises to develop inclusive work environments centered on valuing and respecting people for their diverse genders, cultures, origins, nationalities, ethnicities, religions or abilities, consistent with its presence across five diverse continents.
Prysmian aims to accelerate the creation and development of a qualified workforce as part of a strategy for its long-term sustainability, developing an organization that strives to promote gender equality at all levels, with a specific focus on increasing women in technical-scientific fields and innovation.
The Group will champion programs to broaden the inclusion of all its collaborators and partners in digital technologies, overcoming past challenges and working to eliminate any role- or position-related discrimination.
Prysmian will continue to maintain workplace health and safety as a top priority for all its collaborators through programs aimed at daily prevention, as they are essential prerequisites for business

Rutschmann Fabrizio

Chief HR Officer

To further align Prysmian with the United Nations Sustainable Development Goals, the Group has set out the following 2030 targets to support delivery of its Social Ambition objectives:

Diversity, Equality & Inclusion

A 50/50 split between women and men in new hires
Commitment to at least 30% senior leadership roles to be held by women
Zero Pay Gap - with equality in pay across all roles
Commitment to hire more than 500 women in a dedicated science, technology, engineering and maths (STEM) recruitment programme
At least 30% of executives to be from under-represented nationalities/ethnicities
Local mentoring programs for 500 students coming from minorities

Digital Inclusion

Connect all employees through global digital platforms, ensuring significant progress in adoption levels

Empowering local communities

Develop educational-training programs dedicated to local schools and communities with a focus on the most vulnerable and developing regions
Encouraging young children of all ages to explore and embrace a technical and scientific career, through knowledge-sharing programs which build on Prysmian Group’s extensive global expertise

Employee Engagement and Up-Skilling

40 hours per year of learning for all employees
More than 25% of employees involved in rotation/career growth experience every year
At least 50% of employees as stable shareholders through our share ownership plans
Higher than 80% response rate to the annual Engagement Survey
Leadership Impact Index improved to 70-80%

Social Ambition

2030 Social Ambition