Sustainability: report and responsibility


Maria Cristina Bifulco

Aiming to make our ambition to be a global player with a leading role in the challenges of decarbonisation even more credible, we are increasingly committed to promoting growth that is sustainable for the environment and for people. The significant progress made in 2023 in almost all ESG areas confirms that we are on the right track.

Our social and climate change ambitions

We seek to become a global leader in sustainability. That’s why in 2021 we set challenging new climate and social goals that promote the transition towards a low-carbon world and a more equal and inclusive working environment.

Our Climate Change Ambition seeks to position Prysmian as one of the main technological players in the transition to low-carbon energy. The climate strategy adopts “science-based” targets aligned with the Paris Agreement climate objectives. In particular, the Science Based Targets initiative (SBTi) defines the requirements for an effective Net-Zero strategy:

  • reduction of Scope 1, 2 and 3 emissions to zero, or at least to a residual level consistent with achieving the global or sector targets set in line with the Paris Agreement;
  • neutralization of any residual and greenhouse gas (GHG) emissions released into the atmosphere.

Within this initiative, Prysmian has taken the following actions:

  1. definition of an overall Net-Zero target;
  2. definition of a short-term emissions-reduction target;
  3. definition of a long-term emissions-reduction target.

Our Social Ambition concentrates on new 2030 commitments to improve our performance in diversity, equality and inclusion (DE&I), digital inclusion, the empowerment of communities, employee engagement and upskilling. By adopting a pro-active approach, the Group is evolving into an organisation that recognises diversity, inclusion and gender equality at all levels, committed to facilitating the empowerment of women.

United Nations Global Compact statement

Prysmian adheres to the UN 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 Company’s DNA, inspiring its strategic priorities and influencing day-by-day behaviours.

Sustainability Report 2023


The 2024 Integrated Report represents as additional proof of Prysmian’s daily commitment to integrating sustainability within its business strategies and its role as an enabler of the energy transition and digitalization process. In an integrated manner, the Report explains Prysmian’s ability to create both financial and non-financial value over time, in the context and markets in which it operates. The Sustainability Report shows how Prysmian has become a leading player in this global transition, starting from its history and examining its performance, the ever-growing commitment to innovation and the extraordinary projects undertaken in every part of the world. By providing further analysis, the Sustainability Report complements the Integrated Annual Report, comprising the Integrated Financial Report and the Non-Financial Statement, in which financial and non-financial information is integrated in a systemic approach covering strategy, governance, production activities, financial performance and social, environmental and economic interactions.



Diversity, Equity & Inclusion

As a Group with a global footprint, we take our responsibility to create an inclusive environment seriously. We have a culture of sharing, collaboration, openness and transparency which means we embrace diversity, and we consistently monitor our progression.

Each of our people has a unique skillset, perspective and capability that they bring to the business. We encourage them to make their mark on Prysmian by recognising the essential part they play both in the company and in the world.

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Chief Sustainability, Investor Relations and Communication Officer

Maria Cristina Bifulco