19 Other examples include our E3X robot system, which enables existing lines to be upgraded to complement new builds, reducing the need to install new transmission lines. The Sirocco Extreme optical fiber cable reduces the environmental footprint of optical networks, avoiding emissions thanks to reduced excavation works required at the network concentration points, leading to less soil needing to be removed and processed. The Alesea virtual assistant for cable inventory management enables us to reduce emissions across the supply chain for big renewable projects, keeping cables waste and scrap at a minimum, thanks to real-time information on cable drum location, drum use and the amount of cable available. PryID creates a digital twin for quick verification and accurate product mapping, allowing more efficient workflow management thereby reducing movement of workers and materials. We are also developing Megawatt charging solutions for electric vehicles, which would reduce the use of fossil fuels. These are concrete ways of putting our Design for Sustainability framework in practice while solving both our customer challenges and reimagining how our products are used to create reliable electrical and digital infrastructure. How would you summarize Prysmian’s approach and track record on sustainability? As the leader in our sector, we aim to be proactive, to drive improvement and to promote initiatives across the value chain and beyond the value chain. From that perspective, we see ourselves as pioneers. We were among the first companies to publish a standalone sustainability report. ESG KPIs have been part of management's remuneration policy since 2018. In 2020, we added Sustainability to the Board Skill matrix, and created a Board Sustainability Committee. We launched our Climate Change Ambition and Social Ambition in 2021 and in 2022 we published our first integrated report. Over nearly 20 years we've adopted a 360-degree approach to sustainability, ensuring it is fully embedded in the organization: the processes, the culture, and compliance. But it is important to note that throughout this process we have not been alone. We have embarked on this journey together with our customers, shareholders and of course, our colleagues. We are proud that our investor base strongly supports our drive towards sustainability. Nearly half of our shareholders prioritize ESG factors and see Prysmian as a company than can play an impactful role. We think sustainability is essential to keep our leadership position, and also to allow our customers to be leaders in their own space. This is the reason that at Prysmian we believe in the “Sustain, to lead” approach. This is not just about Environmental Social and Governance, but rather Environmental, Social and Innovation, with Governance overseeing all the other dimensions, to guarantee transparency and rigor. INSIGHT | Focus On
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