Prysmian Group | Energy transition - White paper 2021 3 | Climate change is the core global challenge that human societies are presently facing. Deep decarbonization must be achieved to tackle this challenge. The collective response has been a call for the expansion and integration of renewables. This white paper illustrates the energy transition mega trends, explaining how efficient, smart and green power grids are essential to succeed in this process, and describing how Prysmian Group can be a game changer in this scenario. In fact, the transition towards renewable energy is very much linked to the capability to transmit and dispatch energy from one place to another, from where clean energy is produced, as for example the North Sea, to where it is consumed, as the urban centers in Central Europe. The development of more reliable and capable grid infrastructures for power transmission and distribution is key for the integration of renewables. Prysmian is fully committed to do its part in this collective engagement to save the climate. With almost 140 years of experience, sales of over €10 billion, about 28,000 employees in 50 countries and 104 plants, we are world leaders in the energy and telecom cable systems industry. We operate in the business of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecom industry, we manufacture cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. As a company, we can play a crucial role in the global energy transition. A new energy economy is emerging
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