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Prysmian Group – 2015 Sustainability Report
Introduction
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During 2015, Prysmian took an important step towards the increased integration of sustainability matters
within the Group's business activities. Reflecting the importance of sustainability matters in the management
of business processes and accepting the invitation to formalise the approach taken to them contained in the
Corporate Governance Code for Listed Companies, the Group's Board of Directors has tasked the
Remuneration and Appointments Committee with supervising, from 1 January 2016, the sustainability
matters associated with the Group's activities and the dynamics of its interactions with all stakeholders. As
part of the system for the governance of sustainability, Prysmian has formed a Sustainability Steering
Committee to support the activities of the Board Committee. This working party, comprising senior
managers, is tasked with discussing the Group's strategic guidelines for sustainability, as well as preparing
and implementing the action plan devised with reference to the agreed strategic guidelines. The Corporate
and Business Communications function also plays a significant role, having responsibility for mapping and
monitoring the expectations of stakeholders in relation to the Group, proposing guidelines and actions,
organising stakeholder engagement activities and, drawing on the multiple resources available, guaranteeing
constant and transparent communications with the stakeholders.
Following definition of the governance of sustainability, the Group has commenced an organised process
designed to identify sustainability guidelines and objectives, as well as the plan of actions to be taken. This
work is being performed in a manner consistent with the identity of the Group and our business priorities,
having regard for the expectations of stakeholders. This process makes reference to the Sustainable
Development Goals established by the United Nations in September 2015, which accurately reflect the
global sustainable development trends in which governments, for-profit and non-profit organisations will
invest over the next 15 years.
Prysmian has continued to develop important initiatives in collaboration with stakeholders, in order to
improve the economic, environmental and social performance of the Group. With this intention, a number of
high value-added activities were launched during the year, including the organisation of a Multi-Stakeholder
Engagement event in Spain and signature of the Europacable Industry Charter, which commits the Group to
defending the interests of employees, customers, the wider community and the environment.
Always aware of the challenges posed by climate change, the Group seeks to develop innovative products
and services that will transform these challenges into opportunities. The objective is to offer efficient and
sustainable solutions to customers, which generate value while reducing the related environmental impact.