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TOP CONTENT
OVERVIEW

Putting people at the heart of what we do

We value our customers, our employees and our shareholders above all else. We treat all three with the utmost respect. Our Code of Ethics promotes compliance with applicable laws, rules and regulations that ensure the personal and professional wellbeing of every company employee. We are dedicated to the ethical handling of conflicts of interest in personal and professional relationships.

Wherever our business takes us, we have a consistent policy of clear communication and involvement with the local population. We ensure our activities are enhancing and developing communities for the benefit of people today. And tomorrow.

Social Initiatives and Projects

Here at Prysmian Group, we understand the importance of the people and local areas in which we operate. And so, we pursue socially responsible business by supporting the economic, social and cultural development of such areas. Prysmian also indirectly helps to support social projects via the hours paid to employees involved in charitable activities.

Please note – the figures refer to Prysmian Group prior to the integration of General Cable.

We believe that access to energy and telecommunications is fundamental in the economic and social development of local communities.

That’s why our corporate citizenship and philanthropy activities aim to support this access. Especially with regards to developing countries.

How will this be achieved?

  • Through long-term initiatives aimed at solving socio-environmental issues in the communities in which we do business
  • Through charitable gifts or cash donations
  • Through commercial initiatives conducted in partnership with community-based organisations.

For more details on the meaning of ‘Community Investment’, the principles of our authorisation process and our types of contribution, you can download our Corporate Citizenship and Philanthropy Policy.

Main social data can be founded downloaded here

 

Contribute to people and communities development:

  • Participate and contribute to the socio-economic development of the communities where the Group operates by adopting a proper management of Corporate Citizenship and Philanthropy
  • Promote ethical behaviour, protect labour rights and diversity, develop an healthy working environment, education and professional development for workers
  • Develop effective, accountable and transparent communication to stakeholders

In order to meet social goals we have developed a “Sustainability Scorecard” that identifies 16 sustainability targets (6 environmental targets) to be met by 2020, each measured by quantitative KPIs that will be monitored closely so progress can be reported on a regular basis.

Following the acquisition of General Cable in 2018, the Group began to implement its own sustainability guidelines and monitoring systems within the new perimeter. This meant that 2018 reporting took place at a time of transition and, therefore, for the sake of continuity with 2017, the sustainability performance of the Group as at 31.12.2018 was limited to the former Prysmian Group perimeter.
At this time, the sustainability priorities have been fully integrated within the former General Cable perimeter, providing a unified strategic vision for the Group. It was necessary to revise the Scorecard following this integration, enabling Prysmian to take account of the change in perimeter and the time required to implement the required sustainability actions throughout the Group. This revision took account of the additional suggestions received following further stakeholder engagement and the latest requirements of the Sustainability Indexes.
The Sustainability Scorecard has been updated to include the General Cable business, revising the KPIs and targets with 2019 as the baseline.
Accordingly, the Prysmian Group now has a new Sustainability Scorecard comprising 16 challenging targets to be met by 2022. The entire process is monitored by the Sustainability Steering Committee, which is chaired by the Chief Operating Officer of the Group.

Downloads

Social Data Targets at 2020