Sustainable Fibre

reliable customer care. Finally, we recognise we do notwork in isolation, and so, we seek to integrate ourselves into the communities where we are based and to who we are servicing. Prysmian Group often takes part in projects centred on the welfare of our local communities. Prysmian is guided in these endeavours by our ‘integrated sustainability’ concept. It drives the integration of environmental, social and governance factors within the Company’s DNA. This concept becomes manifest through our governance structure, built upon three pillars: People, Culture and Organisation; Sustainable Innovation and Lean Manufacturing; and Extended Value Chain (the latter is our pathway for future sustainability, centred on customer relationships and the supply chain). Our ‘people’ pillar enabled Prysmian to receive positive employee engagement rates (65%) in 2020, as we invested in health and safety and sought to balance the gender profile of our workforce. We have also operationalised our ‘sustainable innovation’ principle to leverage economies of scale, making production more efficient and affordable. Looking forward, we will drive ahead with similar gains within Prysmian and beyond – we see the extended value chain as a ‘pillar’ for which we can support meaningful change. For example, 48% of our annual revenues are now from ‘low-carbon enabling’ products, and we want this to go up and up in the future. In this way, we can have a truly whole-of-supply-chain approach to sustainability. While we have focused here on the actions of Prysmian, these elements are becoming the norm in the fibre industry, with top-down frameworks such as the UN SDGs guiding this and offering consistency. The UN SDGs outline 17 goals, ranging from poverty alleviation to clean oceans to international governance in support of peace and justice. Prysmian has built its Sustainability Policy (published in 2017) around this, using benchmarks such as the Dow Jones Sustainability Index and the EcoVadis Supplier Sustainability Ratings as metrics to benchmark our actions. An overarching framework such as the UN SDGs allows the sector to make the right decisions for the business, for the land and ocean around us, and for the people at the centre of our communities. In order to further accelerate the Group’s path towards sustainability, Prysmian adheres to the UN’s Global Compact, the principles and spirit of which are reflected in the culture, values and practices of the Group. Environmental, Social and Governance (ESG) values are deeply embedded in the Group’s DNA, inspiring its strategic priorities and influencing day- by-day behaviours. Prysmian Group will share with the UN Global Compact and all its stakeholders its progress on an annual basis, covering the following key areas: human rights, labour, environment and anti- corruption. This commitment further demonstrates the transparency and rigour of Prysmian Group in achieving and communicating its sustainability goals, in line with the UN SDGs. 9