With the aim of further improving the sustainability of our business operations, our company reputation and cooperation with our stakeholders (clients, associates, communities and shareholders), Prysmian Group has appointed MARIA CRISTINA BIFULCO as Chief Sustainability Officer in order to solidify and drive our ESG strategy and action in the short-, mid- and long-term. The Chief Sustainability Officer will play a key role in achieving Prysmian ESG goals including creating and executing ESG Strategy and Targets, Stakeholder Engagement, Projects and Practice Sharing, as well as ESG Planning and Performance Management.
The Chief Sustainability officer works with the board-level Sustainability Committee, which assists the Board by advising on the key initiatives to tackle climate change, such as the adoption of our Climate Ambition to achieve science-based C02 reduction targets. In addition, the Sustainability Steering Committee has been created that consists of the top echelons of the organisation and is chaired by the Chief Sustainability Officer (CSO). The Steering Committee works together with the Audit Committee to supervise the monitoring of physical and transitional risks linked to climate change matters, as well as the implementation of projects and initiatives designed to manage them.
The Sustainability Steering Committee also meets periodically to discuss strategic sustainability priorities, the progress of the action plan and its implementation. The strategic lines of sustainability are defined and promoted at the corporate level, and then integrated into local policies and all daily activities.