46 80
5.
EFFICIENCY CONTINUOUSLY INCREASING
PRYSMIAN GROUP
2015
YEARLY OVERVIEW
INTEGRITY HAS PRIDE
OF PLACE IN CODE OF
BUSINESS CONDUCT
With a view to spreading responsible
business practices and ensuring that
ethical, economic, environmental and
social standards are met throughout the
value chain, since 2014 the Prysmian Group
has decided to promote a responsible and
sustainable chain of supply by adopting a
Code of Business Conduct, which as from
2015 is applicable to all employees and
suppliers. The principles set out in the Code
apply to the business transactions and daily
activities of employees in all Group entities
and their suppliers, business partners, sales
agents, sub-contractors and distributors.
Prysmian PowerLink has recently completed the implementation of a cloud platform to manage the
vendor management process with the objective of improving the supplier qualification process by
facilitating customer-supplier communication. This portal was developed during the first four months
of 2015 and comprises two sections: Supplier InformationManagement (SIM) and Supplier Performance
Management, for ex-ante management of the qualifying phase and ex-post performance evaluation
respectively. The purpose of the system is to improve the quality of service with an overall reduction
in costs and associated risks. The supplier is evaluated according to specific requirements, such as
compliance with technical requirements, HSE and Quality, level of contractual and commercial flexibility.
The Code encompasses business integrity,
human rights and those of workers, and
the environment. The Group has published
the Code on its website since 2015 and
informs suppliers of its existence right from
the scouting and qualification phases.
Prysmian Powerlink: innovative approach to sustainability
For the past three years the Professional
School run by the Prysmian Group
Academy, the Group’s international school
of management and vocational education
and training, has offered specific courses on
purchasing, with an annual class size of 30
people. Participation is open to buyers from
all Group companies.
Since 2015 the Academy has offered a
specific “Purchasing & Sustainability”
module to understand the importance of
sustainability issues. The module’s focus
is on sustainability within the Prysmian
Group and how it affects the supply chain;
it examines the particular activities and
topics of interest to the purchasing function,
including with detailed reference to the
Group’s Code of Business Conduct.
Confirming its commitment to managing
sustainability risks among its top-tier
suppliers,Prysmianplanstovisit20suppliers
for audit purposes during 2016.
Purchasing
Professional Academy
Commitments for the future
TO DATE MORE THAN
85%
OF SUPPLIERS HAVE PASSED
THE QUALIFICATION PROCESS.
In Norway, the Group has set up
a local management and scoring
system for suppliers, which are
evaluated on the basis of ISO9001,
ISO14001 and OHSAS18001
certified management systems,
of the efficiency of their logistics
processes and, in particular, the
traceability of their raw materials.
The process also involves the
implementation of a supplier
scorecard and, in the case of
negative assessments, critical
suppliers are contacted to discuss
areas for improvement.
The case of Norway