111 / 172
Prysmian Group – 2015 Sustainability Report
Community
________________________________________________________________________________________________
111
Corporate Citizenship and Philanthropy initiatives
Prysmian Group is aware of the importance of people and the territories in which it operates and is
therefore committed to building a socially responsible business by supporting, via specific
initiatives, the economic, social and cultural development of those areas.
Relations with local communities are important for the creation of value around Prysmian.
During 2015, the Group continued pursuit of its commitment to be socially responsible by supporting, via
specific initiatives, the economic, social and cultural development of the areas in which it is present. In
addition to direct economic contributions and donations in kind when allowed by the Corporate Citizenship
and Philanthropy Policy, the Prysmian Group also provides indirect support for social projects via the hours
paid to employees involved in the charitable activities.
The main activities during the year involved various areas and were concentrated in Italy, in other European
countries such as Spain, Finland, Germany and the UK, and further away, in places like China, North
America and Argentina.
CORPORATE CITIZENSHIP AND PHILANTHROPY POLICY
With a view to defining common, shared rules within the Group for identifying corporate citizenship and
philanthropy initiatives correlated with business operations, during 2014 Prysmian decided to update the
policy governing activities that benefit local communities.
The Group believes that access to energy and telecommunications is a prerequisite for the economic and
social development of local communities. For this reason, the Corporate Citizenship and Philanthropy
activities promoted must be mainly intended to support initiatives that facilitate access to energy and
telecommunications by local populations, with particular reference to those in developing countries.
The Group considers initiatives for the benefit of the community as those relating to:
communities: long-term initiatives that aim to mitigate socio-environmental issues in the communities in
which the Group does business;
charitable gifts: short-term initiatives, or one-off donations to non-governmental organisations and
supranational and local non-profit organisations;
commercial initiatives that benefit the community: initiatives that support Prysmian's success directly,
conducted in partnership with community-based organisations.