3 How Prysmian is strengthening its commitment to the environment, local communities, and its people Continue reading on the following pages Focus On In this issue of INSIGHT dedicated to Sustainability Week 2023, management discusses how the Group’s sustainability commitment has expanded beyond its own operations to encompass the entire value chain. At the end of June, Prysmian Group top executives welcomed 20 external speakers and over 300 stakeholders at Milan headquarters to illustrate progress on achieving net zero targets approved by the Science-Based Targets initiative, which call for cutting Scope 1 and 2 emissions by 47% and Scope 3 emissions by 28% by 2030, as it moves towards reaching a 90% reduction of Scope 1 and 2 emissions by 2035 and a 90% cut in Scope 3 emissions by 2050. Prysmian Group’s Sustainability Week 2023 launched its new, more challenging net zero targets for 2023-2025. These include having a concrete impact by connecting 110 million households to green electricity and 15 million households with fast digital access, by developing technologically advanced products and network components essential for supporting the energy transition, decarbonisation and digitalisation processes.
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