INSIGHT ISSUE 02 | 2021

7 INSIGHT | Focus On Prysmian Group confirms its ambition to be one of the leading technology players in the transition to the use of renewable energy sources and to a decarbonized economy. To achieve this goal, it has embarked on a new climate strategy adopting science-based targets, in line with the requirements of the Paris Agreement, to achieve a “net zero” emissions between 2035 and 2040 for its own operations (Scope 1 and 2) and by 2050 for emissions generated by the value chain (Scope 3). Among the most important initiatives in this area is the Group’s Pikkala plant, chiefly dedicated to the production of cables for offshore wind farms, which will become the first “net zero” plant, where 100% of the energy used will be obtained from certified renewable sources. AMBITIOUS NEW 'ZERO EMISSION' TARGET BY 2040 (Scope 1 and 2) Even in a particularly difficult year due to Covid-19, in 2020 Prysmian continued to invest in the three drivers of value creation for all stakeholders: People, Culture & Organization; Sustainable Innovation & Lean Manufacturing; and Extended Value Chain. Environmental performance improved both as a result of efficiency actions and the decrease in production levels due to Covid-19: CO 2 emissions were 817,000 t in 2020 (920,000 t in 2019), energy consumption dropped by -6% , whereas total recycled waste grew to 69% (63% in 2019). In the People dimension, the Group’s diversity indicators improved, with the percentage of female in executive positions at 13% (12% in 2019) and the hiring percentage of female white-collars at 34% (32% in 2019). IMPROVED ENVIRONMENTAL AND SOCIAL PERFORMANCE +29% Investments in health and safety 69% Total recycled waste AT A GLANCE