Prysmian Group’s fully-integrated ESG approach requires the company to “walk the talk” with concrete actions, in all fields in which it operates. Prysmian takes steps to reduce the impact on the environment, and that of its suppliers. It facilitates the use of clean energy by enabling the energy transition and pursues innovations that make all its products and solutions increasingly eco-friendly to help clients meet their climate change targets.
Prysmian Group pursues the efficient and sustainable use of energy and natural resources by reducing consumption and greenhouse gas emissions, while minimizing the generation of waste and promoting the recycling and reuse of materials. In 2020 the Group started to implement an ambitious climate strategy adopting science-based targets, in line with the requirements of the Paris Agreement (COP 21), and endorsing the Business Ambition (1.5°C) with a “net zero” target expected to be achieved between 2035 and 2040 with regard to the emissions generated by its operations (Scope 1 and 2), and by 2050 for emissions generated by the value chain (Scope 3) aligned to a 1.5°C scenario. In fact, the Group has pledged to invest €10 million annually over the next ten years to reduce Scope 1 and Scope 2 emissions at its 104 plants and 25 R&D centers by 46% from the 2019 level.