2017 Sustainability Overview | Prysmian Group

PRYSMIAN GROUP 2017 SUSTAINABILITY OVERVIEW THE DRIVING FORCE OF ETHICS "When it comes to ethics, no challenge is too big, or too small, if it means doing things right. This is exactly what Prysmian intends for its integrity initiatives”. Alessandro Nespoli, who joined the Group as Chief Compliance and Internal Audit Officer in 2017, has a special focus on integrity, as he works at integrating the concept into tangible examples and a cultural approach. To translate this value into real action, the Group launched the Integrity First project at the end of 2016 and intends to expand it by developing and sharing a “new compliance ecosystem”, in Nespoli’s words. This ecosystem will cover a series of issues and actual behaviours that, according to Nespoli, “shall ultimately become part of the DNA of Prysmian Group’s people". He explains that ethics “influences our way of working and making decisions, while having an impact on our stakeholders and customers”. Ethics affects reputation, that’s why it is the most important asset that has to be preserved, because if customers trust a company, they will do business with it. The new compliance ecosystem will oversee different issues and set forth even those behaviours that are not strictly compliance-related. The culture of integrity is reinforced by the company’s Code of Ethics, based on three pillars: ethics in business activities, ethics in internal relations, and ethics in environmental and social matters. It means that ethics “is pervasive and regards everyone within and outside the organisation", Nespoli stated. At Prysmian, the value of integrity goes well beyond the simple observance of rules and regulations, as it permeates the entire spectrum of company life. Alessandro Nespoli, Chief Compliance Officer, explains how business and integrity can work very well together. AT THE ROOTS OF OUR BUSINESS DEVELOPMENT