Prismian accelerates sustainability goals. Providing green energy to 110 million households by 2025

Enabling access to green electricity for 110 million households and access to fast digital connectivity for 15 million more, as well as increasingly achieving environmental and gender equality goals. These are some points from Prysmian’s 2023-2025 Sustainability Plan, which was presented on Wednesday, June 28 at Bicocca’s corporate headquarters.

It was announced today that all production at Prysmian is done with the goal of sustainability Maria Cristina Bivolco – Chief Sustainability Officer and Group Executive Vice President of the Company. The group’s commitment is no longer focused only on its own operations, but on the entire value chain; We work to anticipate customer needs by strengthening engagement with suppliers and focusing on continuous innovation, leveraging our technological and industry leadership to amplify the positive impact that Prysmian can generate for society.
The group also plans to cover a 57% share of its revenue through sustainable products in the European Union and 19% in the rest of the world. To do this, the content of recycled materials on polyethylene and copper casings will increase by 15/16%, and improve the gender balance to reach 47-49% of working women in 2025, rising to 50% in 2030. 2022 – commented Massimo El BatiniAnd Current Chief Operations Officer – , It represented a key year in the Group’s sustainability trajectory, delivering exceptional results.
As for the environmental impact The company aims to reduce Scope 1 and 2 emissions by 47% and Scope 3 emissions by 28% by 2030.compared to 2019, and to achieve the target of a 90% reduction of Scope 1 and 2 emissions by 2035 and Scope 3 by 2050. We are already well on track, last year we achieved 25% decarbonisation compared to Scope 1 and 2 targets approved from The Science Based Goal Initiative (SBTi) has accepted and will be pursued with the same rigor as the financial goals.

We know – and Batini stressed – that the world is moving towards direct convergence between clean energy and digital infrastructures and we are working on work that moves in exactly this direction. Hence the role he wants to play Prysmian Technology Facilitator In digital and energy transformation processes, and responding to global challenges for the coming decades through a development model based on innovation, decarbonisation, and customer service. Innovation and R&D ability are Prysmian’s words to maintain its position as a market leader. We are pioneers and we want to stay that way, if the market doubles, we move from a level that historically was 250 million capital per year, dedicated to all of the company’s growth activities, To 500 million this year, and this will be necessary for the next four or five years At least, if not further, to follow the growing market demand, added Al Bateeni, who is preparing to take over the leadership of the group in 2024. He will bring a guarantee of continuity – as he said in this regard – because I have been here for 21 years, since we were Pirelli Cavi , but it will also lead to the necessary disruption, because the market has changed and our strategy has already adapted and will have to adapt further.