INSIGHT ISSUE 01 | 2021

6 Enabling the Digital and Energy transition “When you talk about greenhouse gas emissions at a company like Prysmian, the C02 emissions we produce is about one tenth of the total the supply chain,” said Pirondini. “Therefore, to work with the concept of extended supply chain is fundamental.” The latest evidence of this commitment is Prysmian’s partnership with Carbon Trust for the development and implementation of CO 2 management and reduction projects. Carbon Trust was founded in the UK in 2001 to help companies in theirmove to a low-carbon economy by providing a framework to measure, manage and reduce emissions. Associate Director Aleyn Smith-Gillespie talked about three domains Prysmian is looking at in its journey: its own operations, the supply chain, and the wider impact of the services and products it produces. Sustainability commitments start at the top of a company. According to a study fromDeloitte called “Climate Check: Business’ViewsonSustainability,”theboardisresponsible for setting sustainability goals and driving accountability to meet them at 40% of companies, and the CEO at 43%. Monica de Virgiliis, Chairwoman of the Group’s Sustainability Committee created within the Board of Directors in 2020, highlighted the board’s full commitment to sustainability. Human Resources Chief Fabrizio Rutschmann filled in listeners about what it means to be a “People Company” and what Prysmian is doing in terms of its talent pipeline and Diversity & Inclusion targets. “Circularity is a focus for our operations, but it goes beyond that. We do a lot together with our R&D department and our business organizations. We are very, very keen on these projects, and so are our customers.” Andrea Pirondini Chief Operating Officer “Our Sustainability Committee is made up of members with direct business management experience, with the Chief Operating Officer as secretary. Having the COO as secretary sets the tone at the top! I have not seen a set up like ours elsewhere in the marketplace.” Monica de Virgiliis Independent Board Member and Sustainability Committee Chair Prysmian has already set a target of having 50% of its revenue come from low-carbon enabling products in 2022, as well as to cut its green house gases by 2%-3%. Now it will extend its carbon reduction efforts to the entire supply chain.