Sustainability: report and responsibility

SUSTAINABILITY

ACCELERATING GROWTH

Annual integrated report 2025

"Innovation and sustainability are at the heart of Prysmian’s strategy. In a world seeking increasingly efficient and resilient energy and digital infrastructure, we are committed to developing technologies capable of supporting the energy and digital transition and creating long-term value. Innovation is what drives the development of cutting-edge solutions and reductions in impact throughout the value chain, whilst sustainability guides our decision-making and our growth model. Our aim is to make a real contribution to a more sustainable future, strengthening links with people, communities and partners and delivering a positive and lasting impact."

Maria Cristina Bifulco

Chief Strategy, Investor Relations, M&A & Communication Officer

SRINIVAS SIRIPURAPU

Chief Sustainability, R&D and Innovation Officer

ACCELERATING GROWTH

Prysmian’s strategy

Prysmian is an organization made up of people, united by a desire to connect the world and lead the energy and digital transition with responsibility and a forward-looking vision.

Prysmian is the global leader in energy and  digital connections and is transforming itself from a cable manufacturer into a provider of high-added-value integrated solutions.

Since its foundation, Prysmian has  strengthened  its leadership through a series of strategic acquisitions: Draka in 2011, General Cable in 2017 and, in 2024, Encore Wire, one of the leading manufacturers of power cables in the United States, and Warren & Brown, an Australian company specializing in connectivity solutions for the telecommunications industry.

In 2025, the company also expanded its role as a solutions provider through the acquisition of Channell, an American company and a leading provider of connectivity solutions.

Our strategic plan – Accelerating Growth – underpins Prysmian’s evolution from  cable manufacturer to global solutions provider,  and informs the company’s commitment to  creating sustainability-driven innovation.

Prysmian’s goal is to enhance its global  leadership position, while at the same time  continuing to create value for customers and  stakeholders  as  the  company seizes  opportunities arising from the energy transition,  energy security, electrification, decarbonization  and digitalization.

 

Strategic pillars

  • Global leadership and growth: expansion through organic growth and strategic acquisitions (including Draka, General Cable, Encore Wire, Warren & Brown and Channell).
  • Sustainable innovation: development of advanced technological solutions for more efficient and resilient energy and digital infrastructure.
  • Reshaping our business model: transformation from cable manufacturer to global solutions provider.
  • Integrated sustainability: environmental and business objectives fully integrated into the strategic plan.

 

Financial targets for 2028:

 

 

Sustainability targets for 2028

Climate Ambition and Social Ambition

During 2021, Prysmian formalized two strategic ambitions that will guide its actions over the medium-long term: the Climate Ambition and the Social Ambition.

Climate Ambition

At the heart of Prysmian’s sustainability strategy  is its focus on climate, setting the ambitious  target of achieving Net Zero throughout the value chain by 2035. This is one of the most  challenging goals at international level and is  fully aligned with the standards set by the  Science Based Targets initiative (SBTi): 

  • Reduction in Scope 1 and 2 emissions versus the 2019 baseline: 60% by 2030 and 90% by 2035 through energy efficiency and renewables;
  • Reduction in Scope 3 emissions versus the 2019 baseline: 65% by 2030 and 90% by 2035;
  • Net Zero by 2035 throughout the value chain. 

 

Prysmian’s climate  strategy also includes: 

  • Focus on avoided emissions thanks to innovative technologies: Transmission solutions, E3X robot, Sirocco Extreme fiber and digital predictive maintenance systems (PryID, Alesea, All-Ground, EOSS, Elaspeed S).
  • Active collaboration with suppliers and partners to promote transparency, best practices and sustainable, circular models of production.
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Social Ambition

Prysmian recognizes that its people are a vital asset for the company. The Group’s successes and achievements are the result of its employees’ knowledge and skills, as well as their engagement and motivation. Our people are the true drivers of sustainable growth.

Our Social Ambition aims to create a fairer, more inclusive and more innovative work environment, promoting equality, equity, digital inclusion, community empowerment and ongoing skills development.

In terms of participation, 50% of employees are shareholders in the Group through broadly based programs such as GROW, YES and BE IN, reflecting a corporate  culture founded on shared value.

This commitment extends to the entire value chain, with increasingly comprehensive monitoring of ESG performance to reinforce sustainable competitiveness and generate a positive long-term impact.

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Chief Strategy Officer

Maria Cristina Bifulco

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