Submarine Cable being loaded on a cable laying vessel in Naples
Fiber Glass pre-form being heated to achieve higher purity
WHO WE ARE
Prysmian Group is world leader in the energy and telecom cable systems industry. With sales exceeding €12 billion, about 29,000 employees in over 50 countries and 108 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the cables and systems businesses for power transmission and distribution and in the telecommunications industry. Founded as Pirelli Cables in the late 1800s, the Group has grown through acquisitions: from the integration of Siemens and Nokia in the energy cables field, to the acquisition of the Dutch Draka group and, last but not least, the merger with the US General Cable group in 2018. These combinations have made it possible to broaden and innovate the range of products and services to meet the highest standards, as well as to widen its geographical presence, which is a strong feature in serving the region-specific nature of the market. This evolution over the years has underlined the development of know-how and technological capabilities, as well as of management skills, thus turning us into an industry leader also in terms of operational efficiency. Operations are constantly driven by powerful convictions that underpin a solid ESG identity across all operations.
WHY WE JOINED THE ALLIANCE
The Prysmian Group is committed to ensuring the sustainability of our operation, the safeguarding of the environment and the wellbeing of the people in the broad supply chain. Developing a sustainability strategy today means building the foundation for the resilience of tomorrow’s whole industrial business. With this commitment in mind, which marks Prysmian Group’s DNA as a public company, the brand has set out an ambitious and measurable strategic sustainability plan in line with international standards so to create value for all stakeholders. We have set Net Zero targets in collaboration with the SBT initiative, and we plan to fully decarbonize our operation by 2035 and the one of our supply chain by 2050, and we are investing €100m in order to achieve this target. We are keen on developing circular solutions, putting effort in reducing any waste and giving new life to it. We have also outlined a social ambition, committing to improve diversity, equality and inclusion, the empowerment of communities, employee engagement and upskilling. The Group promotes programs designed to enhance the digital inclusion of all employees, eliminating at the same time discrimination based on their role or position. By adopting a pro-active approach, the Group is evolving into an organization that recognizes diversity, inclusion and gender equality at all levels, committed to facilitating the empowerment of a larger number of women, so that they can pursue further their technical and scientific positions within Prysmian. We strongly believe that a collaborative and multi stakeholder approach is the only viable way to achieve the decarbonization and the social sustainability of our working world. Being a member of the Global Alliance is step forward in solving complex challenges and give us a concrete chance to drive our sustainable vision forward.