INSIGHT ISSUE 03 | 2021

6 Enabling the Digital and Energy transition “Prysmian Group is committed to supporting the needs for new power transmission infrastructures, by developing cable systems with higher transmission capacity over longer distances, operating at higher voltages and capable of being installed at higher submarine depths,” Battista said. Enhancing the energy infrastructure is a key driver to achieving the energy transition, said Prysmian Group COOMassimo Battaini in an overview of how the group is implementing an ESG strategy in the cables industry by setting targets, investing, and innovating. “Our actions are two-fold,” he said. “On one hand, we need to be very brave in investing in capacity, and we are deploying almost €500 million in the next five years to increase capacity. Secondly, we are working on cables innovation, to develop a new solution for cables that transmit more power, more voltage, to transmit more energy, to make the energy transition more viable from an economic point of view.” Develop new cable solutions that transmit MORE POWER MORE VOLTAGE MORE ENERGY

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