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Prysmian Group – 2015 Sustainability Report

Environment

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Significant events during 2015 included the investment of about 10 million euro in health, safety and

environmental activities, a large part of which (about 3 million euro) was dedicated to the FOS "tri-

generation" plant at the Battipaglia factory. This plant is estimated to have saved about 2,000 TOE in 2015

compared with 2014

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.

In addition to various training initiatives, Prysmian has managed and completed numerous other activities,

including active participation in various working parties and on association committees, such as

Europacable's ECOE Committee, Orgalime's “Substances Task Force”, ANIE's Environment Committee and

AICE's environment working party, and the IEC Maintenance Team that is drafting the standard

environmental declaration for power cables.

The approach to integration adopted represents an opportunity to improve and, in this light, operational

policies and practices for the management of the environment, health and safety by all operating units will be

further developed and agreed. In this regard, Prysmian Group uses quali-quantitative parameters to monitor

environmental performance and health and safety in the workplace.

The environment and safety management system was established centrally from the beginning, in order to

guarantee uniformity throughout the Group via the coordination provided by the Corporate HSE function. In

particular, HSE involvement in defining the preventive and corrective actions applicable at Group level, and

in checking effectiveness at local level, has contributed to the maintenance and consolidation of the HSE

system and to the creation of a team of HSE-qualified auditors within the Group.

Future developments will include further strengthening of the "central coordination" concept, with a view to

transforming the environment and safety management system into a "multi-site" model that is certified by the

Corporate Head Office in accordance with an annual audit plan. This change will maximise the efficiencies

and synergies released by the revised system, especially in terms of improved performance and lower costs.

MANAGEMENT SYSTEMS

During the year, the Prysmian Group continued work to coordinate the Group's HSE management systems

by:

extending OHSAS 18001 certification of the safety management system to an additional 4 locations;

using the official certification agency at factories previously certified by other agencies. In particular,

during 2015, 16 factories changed to the official agency for ISO 14001 certification (regarding

Environment Management Systems) and 4 changed in relation to OHSAS 18001 certification. This

change has helped to coordinate the management systems, with the periodic checking of the Group's

HSE procedures by the external agency and the involvement of HSE in defining and agreeing the

corrective actions to be taken at the various Group factories, 91% and 63% of which were, respectively,

ISO 14001 and OHSAS 18001 certified at the end of 2015. These percentages take account of the new

certifications, following the extension of OHSAS 18001 Safety Management System certification to an

additional 4 locations.

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TOE: Tonnes of oil equivalent. This data was estimated by reference to constant production levels, assuming that output in 2014 was

the same as in 2015. With respect to the forecast made last year, the conversion coefficient used for the calculation has been updated

in compliance with the relevant current legislation. The data considers the energy consumed at source in order to supply the Italian grid.