Prysmian Group confirmed among leaders by S&P global for the Dow Jones sustainability world index 2023
Excellent results in the areas of CO2 emissions reduction, resource efficiency and circularity
Prysmian Group’s sustainability leadership was confirmed in the prestigious Dow Jones Sustainability World Index (DJSI World) after the annual evaluation of companies' sustainability practices performed by S&P Global through its Corporate Sustainability Assessment.
In the 2023 edition, Prysmian, which is included in the ELQ Electrical Components & Equipment sector, reached excellence (100 points) in the environmental areas of Emissions, Resource Efficiency and Circularity, Waste, and Water, reaffirming its focus and attention on these topics.
“To be confirmed in the Dow Jones Sustainability Index is again the result of Prysmian's commitment to sustainability and the role we intend to play as technological enabler of the energy transition and the digital transformation. As a leader in our industry, we also feel responsible for promoting impactful ESG initiatives across the value chain and beyond, adopting policies, taking actions, and setting targets that are designed to create shared value for all our stakeholders”, commented Maria Cristina Bifulco, Prysmian Group Chief Sustainability Officer and Group IR VP. “This recognition also represents an incentive to keep growing our environmental, social, and governance performance, especially in today’s challenging, competitive, and ever-changing scenario, by leveraging on our technological and industrial leadership to further amplify the positive impact that Prysmian can generate for the environment, people and communities”.
For Prysmian, sustainability is a key driver to create value. It is fully integrated in the Group long-term vision and defined strategy underpinned by measurable KPIs that constitute its Climate Change and Social Ambitions. Last October, in occasion of its first Capital Markets Day, Prysmian upgraded its sustainability KPIs for 2025-2027 and confirmed its Scope 1 and 2 Net Zero targets for 2035 and its Scope 3 Net Zero target for 2050.
The Group intends to continue to lead innovation in the cable industry developing thinner, lighter, faster, and greener products while creating tangible value for customers and in the communities and territories in which it operates. In fact, the company achieves its sustainability objectives by constantly collaborating with its partners. Stakeholder engagement is also a core component of Prysmian’s sustainability strategy, allowing to better understand and anticipate their needs and expectations.