Since 2016, Prysmian guarantees its sustainability commitment through the oversight of the Compensation, Nominations and Sustainability Committee, which has being appointed as responsible to supervise sustainability issues related to the relevant business and to its interactions with all the stakeholders. This board-level Committee monitors the company's positioning on the main sustainability indices; advises on the main sustainability initiatives developed by the Group; and approves the Consolidated Disclosure of Non-Financial Information (NFD)/Group Annual Sustainability Report.
At management level, to underline Prysmian’s commitment on a day to day basis across the company, a Sustainability Steering Committee chaired by the Chief Operating Officer (COO) defines and implements the strategy with involvement of ten corporate functions. Its chief task is to monitor progress on the "Sustainability Scorecard" and compliance with the Group's sustainability policies. In addition, the Diversity and Inclusion Committee defines diversity benchmarks, sets targets, and monitors progress on the matter.
Sustainability policies are coordinated by the Corporate and Business Communications Department, which carries out sustainability reporting and proposes stakeholder engagement activities.
The Corporate and Business Communications Function maps and monitors the expectations of stakeholders in relation to the Group. It proposes guidelines and actions, organises stakeholder engagement activities and, drawing on the multiple resources available, guarantees constant and transparent communications with the stakeholders.