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ESG

Performance

Highlights of Prysmian’s ESG performance during 2024 are provided below.

Governance: Ethics and integrity

The central role played by sustainability in Prysmian's strategy is also evident from the definition of a specific type of governance, which is responsible for overseeing all Group initiatives in a structured and rigorous manner and ensuring their alignment with ESG targets.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

Goal 11 ImageS1-Own OperationsPercentage of employee shareholders137%46%46%44%/45%
Goal 11 ImageG1-Corporate conductPercentage of completion of e-training on ethics and integrity issues275%89.31%90%90%
1 Number of employees with Prysmian shares deposited in company administrative accounts through GROW, YES and BE IN plans as at 31 December, divided by the total number of employees eligible to participate in at least one of the plans. The number refers to Prysmian only in 2024; Encore Wire employees are not included in the calculation because they are not "eligible".

2 It includes e-learning conducted through the Group's business management system and is for all desk workers (excluding business partners, consultants, contractors, employees on leave of 30 days or more and temporary trainees). It is subject to annual approval of the compliance plan by the Board of Directors; topics may include one or more of the following: code of ethics, anti-corruption, gifts, conflicts of interest, Helpline or business policy. The number refers to Prysmian only, as it does not apply to Encore Wire for the year 2024.

2024 Performance

Ethics and integrity

Communication of the organization's anti-corruption policies and proceduresNumberPercentage of total
Members of the Prysmian S.p.A, BoD12100%
Employees*:15,375-
of which white collar8,45096%
of which blue collar4,21896%
of which interns48896%
of which external2,21996%
*Percentages based on intended recipients

Tax reporting, country by country (€ million)

2024Revenue Related PartiesRevenue unrelat-ed par-tiesTotal RevenuesProfit and Loss before taxCorporate income tax paid on cash basisCorporate income tax accruedNumber of employees (FTE)Tangible AssetsEmployee Remuneration
Nord America1,2456,1757,420496122987,7522,854651
Canada43455198558201972812156
Stati Uniti7855,4836,268446102827,0252,714581
Automotive26141167(8)0(3)-1914
LATAM4121,6022,01416430465,214488108
Brasile135693828634161,95021154
Altro2779091,18610126293,26527754
EMEA6,6959,43816,1322279411317,0833,9911,040
Francia6947921,4866512,544590196
Germania5041,1941,69935241,956403168
Italia3,3263,0376,363(165)24192,901403168
Olanda2445497949313294619080
Spagna3858861,270521381,21226977
Regno Unito15651967520431,04623369
Altre1,3862,4613,84618645456,4781,020206
APAC4851,0701,5554915203,112325102
Cina340339679288101,54512441
Altro145731876217101,56720161
Totale8,83718,28427,12193726127733,1617,6581,902

Cybersecurity

DescriptionUnit of measurement20242023
Information Security training coursesNumber2718
Average time for high-risk vulnerability resolutionWeeks1315
Log sources integrated with SIEM solutionPercentage89%89%
Security incidentsNumber1,286707
Cyber-attacks on total security incidentsPercentage2%3%
Average time for forensic activities after an incidentHours44

Learn more about our "Business conduct" performance.

Environmental Responsibility

Prysmian is committed to reducing the negative impact on the environment during its manufacturing and installation activities and acts directly on the design and configuration of its products and solutions, helping to facilitate decarbonization along its value chain. Prysmian holds a leadership role in its supply chain by promoting virtuous practices with all its partners.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

Goal 11 ImageE1-Climate changePercentage reduction in GHG emissions Scope 1 and 2 Market-Based vs baseline 20191-28%-33%-37%-38%/-40%
Goal 11 ImagePercentage reduction in Scope 3 emis-sions vs Baseline 20192-7,5%-10%-21%-11.5%/-15%
1 Reduction in CO2 emissions (Scope 1 and 2) compared to 2019, according to SBTi methodology. Scope 2 is calculated using the Market-based method. The figure refers to Baseline 2019 equaling 920 kton CO2, and does not include Encore Wire emissions as the company is waiting for approval of the baseline restatement by SBTi.

2 Reduction in CO2 emissions from the entire value chain (Scope 3) compared to 2019, according to the SBTi methodology. The figure does not include Encore Wire emissions as the company is waiting for approval of the baseline restatement by SBTi.

2024 Performance

Energy consumed (MWh) (*)

Energy consumption and mix (37., AR 34.) - high impact MWhTotal 2024 previ-ous Prysmian scopeTotal 2024 PrysmianTotal 2023
38. (a) Fuel consumption from coal and coal products- -
38. (b) Fuel consumption from crude oil and petroleum products275,469275,479294,669
38. (c) Fuel consumption from natural gas619,459717,344632,604
38. (d) Fuel consumption from other non-renewable sources---
38. (e) Consumption of purchased or acquired electricity, heat, steam, and cooling from non-renewable sources1,137,7291,214,6071,121,666
37. (a) Total non-renewable energy consumption2,032,6582,207,4292,048,939
AR 34. Share of non-renewable sources in total energy consumption78.34%79.71%76.59%
37. (b) Consumption from nuclear products41,69941,699-
AR 34. Share of consumption from nuclear products in total energy consumption1.61%1.51%0.00%
37. (c) i. Fuel consumption for renewable sources (including biomass, biogas, nonfossil fuel waste, renewable hydrogen, etc.)1,0381,038244
37. (c) ii. Consumption of purchased or acquired electricity, heat, steam, and cooling from renewable sources506,423506,423626,124
37. (c) iii. The consumption of self-generated non-fuel renewable energy12,79212,792-
37. (c) Total renewable energy consumption520,253520,253626,368
AR 34. Share of renewable sources in total energy consumption20.05%20.05%23.41%
37. Total energy consumption2,594,6102,769,3812,675,307
(*) Energy consumed means the value expressed in Mwh of energy consumed within the organization, including both energy purchased from external sources and self-produced.
The 2023 and 2024 figures include estimates only for the Chiplun site.

Emissions of tCO₂ (*)

Gross Scopes 1, 2, 3 and Total GHG emissions (48., 49., 51., 52.) tCO2eqTotal 2024 PrysmianTotal 2024 Prysmian in-cluding Encore WireTotal 2023
Gross GHG emissions Scope 1
48. (a) Gross Scope 1 GHG emissions217,306227,215226,131
48. (b) Percentage of Scope 1 GHG emissions from regulated emissions trading systems-
Scope 2 GHG emissions
49. (a) Gross Scope 2 location based GHG emissions447,153474,155474,715
49. (b) Gross Scope 2 market based GHG emissions365,091393,573389,928
52. (a) Total Scope 1 and 2 (location based) GHG emissions664,460701,370474,715
52. (b) Total Scope 1 and 2 (market based) GHG emissions582,397620,788616,059
Scope 3 GHG emissions
51. Total gross indirect (Scope 3) GHG emissions235,598,561239,303,832267,433,725
Purchased goods and services11,115,38211,747,42911,787,039
Total GHG emissions (Scope 1, 2, 3)
Total GHG emissions236,180,958239,924,620268,049,784
52. (a) Total GHG emissions (location based)236,263,021240,005,202267,908,440
52. (b) Total GHG emissions (market based)236,180,958239,924,620268,049,784
(*) 2022 and 2023 GHG emissions were estimated only for Chiplun.

(1) Scope 1 Emissions comprise the direct emissions of the organization, being those generated from resources under its direct control. The reported Scope 1 emissions refer to combustion processes (using natural gas, LPG, petrol, diesel, fuel oil, marine diesel), leakage of refrigerant gases (HFC, PFC) and leakage of SF6 gas. Scope 2 Emissions comprise the indirect emissions of the organization, being those deriving from its direct consumption excluding generation activities. These include: purchased electricity, district heating and steam. With regard to Scope 2 emissions, Market-based is a method of quantification based on the CO₂ emissions of the energy suppliers from which the business purchases, under contract, an electricity supply. The figure does not include Encore Wire emissions as the company is waiting for approval of the 2019 baseline restatement by SBTi.

Metrics

Targets related to climate change mitigation and adaptation (34. a, 34. b)

Total 2024 former Prysmian perimeterTotal 2024 PrysmianTarget 2030Target 2035Target 2050
GHG emission reduction Scope 1
Absolute value of GHG emissions tCO₂e217,306227,215---
Percentage reduction of GHG emission-44%----
Intensity reduction of GHG emission tCO₂e0.001%----
GHG emission reduction Scope 2 - Location Based
Absolute value of GHG emissions tCO₂e447,153474,155---
Percentage reduction of GHG emission-23%----
Intensity reduction of GHG emission tCO₂e0.003%----
GHG emission reduction Scope 2 - Market Based
Absolute value of GHG emissions tCO₂e365,091393,573414,22992,05192,051
Percentage reduction of GHG emission-32%--55%-90%-90%
Intensity reduction of GHG emission tCO₂e0.000%----
GHG emission reduction Scope 3
Total Gross indirect (Scope 3) GHG emissions - Absolute value of GHG emissions235,598,561239,303,832213,978,518-29,719,239
Percentage reduction of GHG emission-21%-28%--90%
Intensity reduction of GHG emission1.38%----
1: Purchased goods and services - Absolute value of GHG emissions11,115,38211,747,429---
Percentage reduction of GHG emission-0.2%----
Intensity reduction of GHG emission0.07%----
2: Capital goods - absolute value315,735324,258---
Percentage reduction of GHG emission153%----
Intensity reduction of GHG emission0.002%----
3: Fuel and energy-related activities (not included in Scope 1 or Scope 2) - Absolute value of GHG emissions187,793199,625---
Percentage reduction of GHG emission11%----
Intensity reduction of GHG emission0.001%----
4: Upstream transportation and distribution - Absolute value of GHG emissions424,491443,212---
Percentage reduction of GHG emission-8%----
Intensity reduction of GHG emission0.002%---
5: Waste generated in operations - Absolute value of GHG emissions120,092121,523---
Percentage reduction of GHG emission105%---
Intensity reduction of GHG emission0.001%---
6: Business traveling - Absolute value of GHG emissions23,10223,124---
Percentage reduction of GHG emission368%---
Intensity reduction of GHG emission0.00%---
7: Employee commuting - Absolute value of GHG emissions52,50852,669---
Percentage reduction of GHG emission9%---
Intensity reduction of GHG emission0.00%---
8: Upstream leased assets - Absolute value of GHG emissions660660---
Percentage reduction of GHG emission70%---
Intensity reduction of GHG emission0.00%---
9: Downstream transportation - Absolute value of GHG emissions23,70324,075---
Percentage reduction of GHG emission100%---
Intensità di riduzione di GHG emission0.00%---
11: Use of sold products - Absolute value of GHG emissions223,206,626226,207,451---
Percentage reduction of GHG emission-22%---
Intensity reduction of GHG emission1.31%---
12: End-of-life treatment of sold products - Absolute value of GHG emissions15,50846,847---
Percentage reduction of GHG emission-68%---
Intensity reduction of GHG emission0.00%---
15: Investments - Absolute value of GHG emissions112,960112,960---
Percentage reduction of GHG emission67%---
Intensity reduction of GHG emission-68%---
GHG emission reduction
Scope 1 + Scope 2 - Location Based + Scope 3
Absolute value of GHG emissions tCO₂e236,263,020240,005,202---
Percentage reduction of GHG emission-21%---
Intensity reduction of GHG emission1.39%---
Scope 1 + Scope 2 - Market Based + Scope 3-21%---
Absolute value of GHG emissions tCO₂e236,180,958239,924,620--29,816,040
Percentage reduction of GHG emission-21%---90%
Intensity reduction of GHG emission-1.39%---

Pollution

ESRS 2-4 Pollution of air, water and soilTotal 2024
28. (a) Emissions of pollutants into the air-
NOX ton5,337.5
28. (a) Emissions of pollutants into the water-
28. (a) Emissions of pollutants into the soil-

Waste (kg)

Resource outflows (t) E5-5cTotal 2024Total 2023
Not disposed of
37. (b) Total171,490,574168,848,986
37. (b) Hazardous waste7,283,8446,027,126
37. (b) i. Preparation for reuse--
37. (b) ii. Recycling7,283,8446,027,126
37. (b) iii. Other recovery operations--
37. (b) Non-hazardous waste164,206,730162,821,860
37. (b) i. Preparation for reuse--
37. (b) ii. Recycling164,206,703162,821,860
37. (b) iii. Other recovery operations27-
Intended for disposal
37. (c) Total69,863,07766,314,855
37. (c) Hazardous waste6,889,4846,353,919
37. (c) i. Incineration3,141,6232,852,812
37. (c) ii. Landfill1,433,6211,740,750
37. (c) iii. Other recovery operations2,314,2401,760,357
37. (c) Non-hazardous waste62,967,00759,960,936
37. (c) i. Incineration13,252,41913,030,721
37. (c) ii. Landfill43,969,65941,793,434
37. (c) iii. Other recovery operations5,744,9295,136,781
37. (d) Non-recycled waste69,848,41766,314,855
37. (d) Percentage of non-recycled waste28.94%28.20%
37. (a) Total waste241,347,065235,163,841

Water used (m3) by source

Water used (m3) by sourceTotal 2024Total 2023
28. (a) Total water consumption6,705,4867,040,079
28. (b) Total water consumption in areas at water risk, including high water stress areas1,723,4971,954,995
28. (c) Total recycled and reused water5,163,2256,350,855
28. (d) Total volume of stored water--
28. (e) Percentage of amounts obtained from direct measurements, extrapolations, sampling, or the best possible estimate93%93%
29. The company provides information on its water intensity: total water consumption in its operations in m3 per million Euro of net revenue3945

People, Prysmian's human capital

Prysmian places people at the center of its activities. This commitment is reflected both in employee initiatives (e.g., promoting work-life balance, diversity, inclusion, training) and in supporting the social communities in which the company operates.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

Goal 11 Image Goal 11 ImageS1-Own OperationsPercentage of women employees hired144.9%46%47.5%46%/48%
Percentage of women executives215.7%18.8%19.2%20%/23%
Goal 11 ImageS1-Own OperationsSafety Assessment Plan3-3.44.012.75/5
Leadership Impact Index455%57%N/A57%/61%
1 Share of women desk workers hired with permanent contract compared to the total employees hired with permanent contract. The index includes all desk workers hired from External (including global recruiting programs and projects) and all change of contracts from agency/temporary to permanent The figure for the Prysmian scope alone in 2024, excluding Encore Wire, is 47.7%.

2 Share of women in executive positions (job grade 20 and above) as a percentage of total executive employees. The KPI reflects the ability of the Group to develop internal figures to take on leadership roles, its capability to hire them from the market and its ability to retain those talents. The target to 2025 has been modified compared to previous financial statements as a result of the change in scope due to the integration of Encore Wire. More information will be published by 16 March 2025 in the 2025 Report on remuneration policy and compensation paid. The figure for the Prysmian scope alone in 2024, excluding Encore Wire, is 20.1%.

3 Index relating to the level of maturity in the safety management of the Group's various plants, calculated following an Audit conducted by a specialized third-party company. The index consists of four different categories (governance, employee engagement, risk assessment and injury frequency rate). At the end of the assessment, an overall score is given on a scale of 1 (lowest) to 5 (highest). The figure refers only to Prysmian alone, as it is not applicable to Encore Wire for the year 2024.

4 Index calculated as the percentage of employees who declared a level of engagement with the company of at least 5 out of 7 points in the Speak Up survey conducted by the company. The indices and the survey were developed in collaboration with POLIMI University in order to ensure their quality and anonymity. In 2024, the Speak up survey was not conducted in the face of the Encore Wire integration process that took place starting in the second half of the year. The survey will be sent to employees in 2025.

2024 Performance

Number of employees by gender and by contract type

MenWomenOtherNot disclosedTotal
Total employees25,7856,7517332,546
Permanent employees25,2106,6377331,857
Temporary employees575114--689
Non-guaranteed hours employees-----

Diversity metrics (66. b) - employees by age group

 ≤30 years old30-50 years old≥50 years oldTotal 2024
Number
Executives-211238449
Managers1691,9411,0763,186
Employees1,0292,6611,4085,098
Workers4,39912,4057,00923,813
Total5,59717,2189,73132,546
Percentage
Executives0.0%0.6%0.7%1.4%
Managers0.5%6.0%3.3%10%
Employees3.16%8.18%4.33%16%
Workers13.5%38.12%21.54%73%
Total17%53%30%100%

Work-Life Balance Metrics

Work-life balance metricsWomenMenOtherNot disclosedTotal 2024
94. If all of the undertaking’s employees are entitled to family-related leave through social policy and/or collective bargaining agreements, it is sufficient to disclose this in order to meet the requirement of paragraph 93a.
Number of employees who can take family leave:
maternity, paternity, parental leave6,75125,7857332,546
caregiver leave4,96421,3657326,339
Number of employees who have taken family leave:
maternity, paternity, parental leave393841--1,234
caregiver leave119430--549
93. (a) Percentage of employees entitled to take family-related leave
maternity, paternity, parental leave100%100%100%100%100%
caregiver leave73.5%82.9%100%100%80.9%
93. (b) Percentage of entitled employees that took family-related leave
maternity, paternity, parental leave5.8%3.3%--3.8%
caregiver leave2,4%2,0%--2,1%
CommentsAll Prysmian employees are entitled to a minimum of days of maternity, paternity and parental leave according to the Global Parental Policy. As regards carers' leave, Prysmian applies local legislation.

Incidents, Complaints and Serious Human Rights Impacts

Incidents, complaints and severe human rights impactsTotal 2024
103. (a) Number of work-relatd incidents of discrimination reported in the reporting period
Gender2
Racial or ethnic origin3
Nationality-
Disability2
Age1
Sexual orientation-
Harassment4
Other relevant forms of discrimination11
Total24
103. (b) Number of complaints filed through channels for people in the undertaking’s own workforce to raise concerns (including grievance mechanisms)174
103. (b) where applicable, to the National Contact Points for OECD Multinational Enterprises related to the matters defined in paragraph 2 of this Standard, excluding those already reported in (a) above;n.a
103. (c) Total amount of fines, penalties, and compensation for damages as a result of the incidents and complaints-
103. (c) Provide a reconciliation of such monetary amounts disclosed with the most relevant amount presented in the financial statements; andn.a
""103. (d) Where applicable, contextual information necessary to understand the data and how such data has been compiled.n.a
104. (a) Number of severe human rights incidents connected to the undertaking’s workforce in the reporting period:
Cases of non-respect of the UN Guiding Principles on Business and Human Rights-
Cases of non-respect of ILO Declaration on Fundamental Principles and Rights at Work-
Cases of non-respect of OECD Guidelines for Multinational Enterprises-
Total
104. (a) If no severe human rights incidents connected to the undertaking’s workforce have occurred, the undertaking shall state this.No severe cases of H.R. incidents in the FY 24
104. (b) Total amount of fines, penalties and compensation for damages for the incidents described.-
104. (b) Provide a reconciliation of the monetary amounts disclosed in the most relevant amount in the financial statements.n.a
Comments

ESRS S1-14 Health and Safety Metrics

ESRS S1-14 Health and safety metricsEmployeesNon-employee workersTotal 2024
88. (a) Percentage of people in its own workforce who are covered by the undertaking’s health and safety management system based on legal requirements and/or recognised standards or guidelines82%91%83%
88. (b) Number of fatalities as a result of work-related injuries---
88. (b) Number of fatalities as a result of work-related injuries work-related ill health23--
88. (c) Number of recordable work-related accidents (LTI, RWC, MT)155655611
Hours worked58,874,4973,946,65662,821,153
88. (c) Rate of recordable work-related accidents91410
EmployeesNon-employee workersTotal 2024
88. (d) Disclose the number of cases of recordable work-related ill health, subject to legal restrictions on the collection of data---
88. (e) Number of days lost to work-related injuries and fatalities from work-related accidents, work-related ill health and fatalities from ill health17,44195018,391

Diversity metrics (66. a, AR. 71) - gender distribution at top management levels

Total 2024%
Women716%
Men3884%
Other--
Not disclosed--
Total Top Management45100%
AR 71. Disclose the definition of top management usedGrade 24 and above (Korn-Ferry Hay methodology)

People with disabilities

Total 2024
Persons with disabilitiesNumberPercentage
79. Persons with disabilities amongst its employees, subject to legal restrictions on the collection of data6972.14%

Training and skills development metrics (83.a)

Total 2024
Training and skills development metrics (83. a)Number of employees that participated in regular reviewsNumber of regular reviewsNumber of employeesPercentage of employees that participated in regular reviewsNumber of regular reviews conducted per employee
Woman2,6292,6296,75138.94%1
Man4,9474,94725,78519.2%1
Other22728.6%1
Not disclosed11333.3%1
Total7,5797,57932,54623.3%1

Training and skills development metrics

Total 2024Number of training hoursAveage hours of training
Woman273,42343
Man934,42938
Other24125
Not disclosed9146
Total1,208,18439

Prysmian operates in a highly competitive and dynamic environment. To maintain and strengthen its market position, it is critical for the company to consider the entire ecosystem of its value chain.

Understanding the needs and challenges of all stakeholders enables Prysmian to optimize its processes, reduce costs and improve the resilience of the entire chain. In addition, collaboration and transparency with partners along the value chain are crucial to developing innovative solutions, anticipating market changes, and responding promptly to technological and regulatory changes. This approach not only promotes more efficient resource management, but also ensures better alignment between the different stages of the production and distribution process, contributing to greater sustainability and innovation and creating shared value for all parties concerned.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

Goal 11 ImageE5-Circular EconomyShare of revenues from sustainable products 530%27%43.1%40%
Portion of recycled content on PE jackets and copper610%12.8%16.2%14.5%/15.7%
Goal 11 Image Goal 11 ImageS3-Affected communitesProvide households with access to sustainable electricity121m56m78.4m110m
Providing families with rapid digital access23m9m17.1m15m
1 Percentage of total revenues coming from the sale of environmentally friendly products.

2 Percentage by weight of recycled content of certain purchased materials. The scope of the indicator includes 1) copper purchased at Group level, excluding occasional suppliers and semi-finished products; 2) polyethylene used for sheathing, excluding those applications for which customers do not allow the use of secondary materials. The target to 2025 has been modified compared to previous financial statements as a result of the change in scope due to the integration of Encore Wire. More information will be published by 16 March 2025 in the 2025 Report on remuneration policy and compensation paid. The figure for the Prysmian scope alone in 2024, excluding Encore Wire, is 16%.

3 Estimated households connected to green energy through Prysmian products. It includes installed capacity through photovoltaic panels, onshore and offshore wind turbines, and interconnections intended for renewable energy generation.

4 Estimated connected households with fast digital access (defined as FTTH, FTTB, DOCSIS 4) thanks to Prysmian products.

Performance 2024

In order to monitor the actions put into place and the achievement of policy objectives, the Group constantly analyzes the following performance metrics relating to potential impacts and risks identified throughout the value chain.

KPIUNIT OF MEASUREMENT20242023
Total number of suppliers included in Desk & Risk AnalysisNumber500500
Number of sustainability audits in the supply chainTotal number since start of initiative4436

Material used by weight or volume [kTon]

Resource inflowsTotal weight31. (a) Of which technical materialsOf which biological materials31. (c) Of which reused or recycled components
Total weight31. (a) Total weightOf which from certified sustainable sources31. (b) PercentageTotal weightPercentage
Metals1,267.101,267.10--64.40%102.68.02%
Compounds359.40359.40--18.26%--
Ingredients304.70304.70--15.48%--
Chemicals5.205.20--0.26%--
Other (paper. yarns. tapes. oil)31.5031.50--1.60%--
Total non-renewable materials1,967.901,967.90----
Total1,967.901,967.90--100%-0

Donations - Type of donation

In 2019, the Group adopted a policy on Donations to identify all meritorious activities. It was revised and updated in November 2023. These donations are aimed at meeting the needs of communities or the general public, in line with the Vision, Mission, Values, Code of Ethics and Policies put in place by the Group. The Donations Policy defines the main types of contributions that can be made, the guiding principles and operating methods, and the monitoring and reporting of these activities. In 2024, approximately Euro 1.3 million was donated to support local communities through contributions in cash, products and employee hours according to the details provided below.

Donations - Type of donation

Donations - Type of initiative

Number of patents and patent applications

Number
Number of patents and patent applications5,611
Number of patents758
New first-time filings20
Number of ROI (records of invention)51

Number of patents and patent applications

New first filings

Number of ROI

Download Area

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