37 80
37
Strategic Risks: arising from external or internal factors. Financial Risks: associated with the amount of financial resources available and ability to manage
volatility. Operational Risks: arising from the occurrence of events that affect value creation. Legal and Compliance Risks. Planning and Reporting Risks.
Sustainability Risk Model
The Prysmian Group is a signatory to
the Europacable Industry Charter, which
expresses and formalises the collective
commitment by the cable industry to
supporting principles and objectives of
ethical, sustainable and high-quality cable
development and manufacturing.
By signing the Industry Charter members
of Europacable undertake to defend
the interests of their employees, their
customers, the wider community and the
environment, not only by complying with
the basic requirements of the law but also
by taking a proactive role in monitoring and
evaluating emerging issues and finding
innovative solutions that seek to exceed the
minimum requirements.
Undertaking given in
Europacable Industry Charter
Prysmian has adopted an Anti-
Bribery Policy, which prohibits
the bribery of both public
officials and private individuals
and with which Prysmian
employees must comply.
Under this policy, no employee
may make, promise to make,
offer or approve the payment
of anything of value, either
directly or indirectly, for the
benefit of public officials,
unless in compliance with all
current laws and to the extent
expressly allowed by Group
Policy.
A strict policy
• Sustainability Intellectual
Property rights
• Compliance to environmental
and social laws and regulations
• Compliance to Code of Ethics,
Environmental and Social
Policies & Procedures
• Sustainability Budgeting
& Strategic planning
• Sustainability Tax planning
& Reporting
• Management Reporting
• Sustainability
(Environmental and Social)
Reporting
STRATEGIC
FINANCIAL
OPERATIONAL
LEGAL & COMPLIANCE
PLANNING & REPORTING
• Macroeconomic, changes
and Geopolitical environment
• Industry Trends
and competitive environment
• Stakeholder expectations
(incl. sustainability ratings)
• Natural Environment / Human
Capital Responsibility
• Operative Green CAPEX
• Organizational sustainability
(framework & governance)
• Sustainability M&A, JVs,
business partners
• Sustainability Strategies
and Business integration
• Sustainable R&D
• Law & regulation evolution
• Country Risk & Ethical Culture
• Economic and Financial
Integrity
• Capital availability / cost risk
• Sustainable Financial
counterparties
• Commodity risk and natural
resource security
• Eco-conscious customers
and Green Sales
• Green Products
and Technologies
• Product Lifecycle Footprint
• Sustainable Supply Chain
• Environmental
(water, energy, emissions,
waste, etc.)
• Labor Practies & Human
Resources
(incl. Health & Safety)
• Outsourcing
• Sustainable Information
Technology
• Contract execution /
liabilities