INSIGHT ISSUE 02 | 2021

20 Enabling the Digital and Energy transition WORK GETS UNDERWAY AT PIKKALA FOR NET ZERO HEATING SOLUTION Prysmian Group’s Pikkala plant became the first at the company to switch to renewable energy when engineering work to build its new on-site biomass plant went into full swing in March. T he new renewable biomass solution cuts the annual CO 2 emissions at Pikkala from thermal energy by 100% and reduces energy costs by nearly 20% by €190,000 each year, by using recycled wood from cable transport drums after they become unsuitable for industrial use. Construction should break ground in May, and the new plant should be ready during the first quarter of next year. Borjan Sehovac has also doubled the number of charging stations for electric cars, reflecting the company’s new fleet policy. Starting from January 2021, all Prysmian Group’s new company cars in Italy will be exclusively plug-in hybrid models or full electric. The “green” corporate car policy is one of the actions Prysmian Group is taking to meet its 2022 sustainability goals. The biomass plant at Pikkala and more electric cars in company fleet are two of the concrete steps Prysmian Group is taking to reach its goal of becoming carbon neutral. Almost 50% of the Pikkala plant’s biomass needs will be supplied by Prysmian’s own wooden drums on-site, and the remainder will come from third-party carbon-neutral recycled wood sources. “I get asked ‘how sustainable are you?’ more frequently than the more traditional question ‘how competitive are you?’. This news on the biomass plant will be very important to our stakeholders.” BORJAN SEHOVAC Prysmian Finland CEO