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ESG

Performance

The primary ESG performance data that Prysmian reached in 2023 are shown below, organized according to the structure of the Consolidated Non-Financial Statement (NFS) and of the Sustainability Report. The data are preceded by the list of topics covered, the associated Sustainable Development Goals (SDGs) of the United Nations and Prysmian’s strategic sustainability goals, with precise indication of the state of progress toward reaching the set target.

Governance: Ethics and integrity

A successful company cannot be built without a solid foundation of ethical and moral principles. That is why Prysmian works every day to ensure responsible conduct throughout the entire value chain. This approach particularly takes the form of strict observance of the regulations the Group must comply with, including tax regulations, whose fulfilment is managed transparently, fairly and truthfully. This involves total observance of tax obligations, without attempts to minimize or dodge.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

CategoryKPIMaterial topic and related impactBaseline
2022
Baseline
2023
Target
2025
Sound governancePercentage of employee shareholders1Well-being, engagement and improvement of human capital skills | Engagement: adoption of people-oriented policies to meet people's needs and demands37%46%44%/45%
Percentage of completion of e-training on ethics and integrity issues2Well-being, engagement and improvement of human capital skills | Upskilling: reinforcement and improvement of personnel skills and talent development75%89.3%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.

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.

2023 Performance

Ethics and integrity

Communication of anti-corruption policies and procedures of the organizationNumberPercentage of total
Members of the Prysmian S.p.A. BoD12100%
Employees8,504-
of which white collar8,226100%
of which external/sales agents278100%
Business Partners4,350-

Tax reporting, country by country (€ million)

Revenue from related parties Revenue from unrelated parties Total revenues Profit/(loss) before taxes Corporate income tax paid Corporate income tax accrued Number of employees (FTE) Property, plant and equipment Employee remuneration
North America1,0564,9055,9616122271647,1461,556548
Canada42550292762261968212753
United States6319,4035,034201195196,4641,429496
LATAM4091,8532,26212524553,275509125
Brasil140618758222131,67324255
Other2691,2351,50410322421,60226770
EMEA5,9889,09015,078187676516,7613,392996
France6208781,499-11122,570542176
Germany2198681,087-211-1,446228129
Italy3,0513883,439121476614943
Netherlands103499602401170616957
Spain3747811,15526421,19824474
United Kingdom6255661730551,04616067
Other1,5595,126,67911154519,0291,9449
APAC3651,0971,4632111152,90331298
China23941165030581,60813840
Other126686813-9671,29517458
Total7,81816,94524,76494432929930,0855,7691,767

Comprehensive tax contribution

Distribution of the comprehensive tax contribution

Cybersecurity

DescriptionUnit of measurement20232022
Information Security training coursesNumber2718
Average time for high-risk vulnerability resolutionWeeks1515
Log sources integrated with SIEM solutionPercentage8989
Security incidentsNumber1,199707
Cyber-attacks on total security incidentsPercentage13
Average time for forensic activities after an incidentHours44

Environmental Responsibility

Prysmian's ambition is to be the global benchmark in sustainability. This ambition is brought to life through the ongoing Group’s investments to improve its environmental performance, maximize the positive impacts and mitigate any negative impacts generated across the entire value chain.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

CategoryKPIMaterial topic and related impactBaseline
2022
Baseline
2023
Target
2025
ClimatePercentage reduction in GHG emissions (Scope 1 and 2 Market-Based) vs baseline 20191Facilitating decarbonization to reach Net-Zero and digitalization | Contribution to Scope 1 and 2 greenhouse gas (GHG) emissions as a result of direct activities-28%-33%-38%/-40%
Percentage reduction in Scope 3 emissions vs Baseline 20192Facilitating decarbonization to achieve Net-Zero and digitalization | Contribution to Scope 3 greenhouse gas (GHG) emissions as a result of indirect activities-7.50%-10%-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.

2 Reduction in CO2 emissions from the entire value chain (Scope 3) compared to 2019, according to the SBTi methodology. In 2023, during the long-term target approval process, Prysmian – at SBTi's request – also recalculated some Scope 3 categories using updated emission factors. Therefore, the value of Scope 3 for 2022 has been revised from what was published in 2022 Report.

2023 Performance

Environmental Investments (€ K)

Energy consumed (GJ) (*)

20232022
Electricity from renewable sources1,948,8751,921,399
Electricity from non renewable sources4,193,6964,112,089
Natural gas2,277,3752,747,360
LPG127,805135,365
Petrol7,5617,424
Diesel908,062896,985
Fuel oil17,3805,571
Steam (purchased, not produced internally)5,6169,791
Heat from district heating produced from renewable sources20,318-
Steam (purchased from distribution networks)123,539135,931
Chilled water--
Biogas/biofuel/biomass purchased877-
Total9,631,1049,971,915
(*) The term “Energy Consumed” means the number of Gigajoules (GJ) of energy consumed within the organization. This comprises energy purchased from sources outside the organization (e.g. electricity, heating, cooling and steam purchased for consumption) or generated by the latter (e.g. fuel used in self-generation activities). The 2022 and 2023 figures contain estimates for the Chiplun site only, since Sohar reported normally. The figures include consumption by the fleet, which were previously reported separately.

Emissions of tCO₂ (*)

20232022
Scope 1 (1)Direct emissions from combustion (**)205,762232,178
 Emissions from refrigerant gas leaks5,1773,696
 Emissions from SF6 gas leaks15,19261,852
 Total Scope 1226,131297,725
Scope 2 (2)Location-based474,715501,745
 Market-based38,928367,379
TotalScope 1 and Scope 2 (Location-based) (3)700,846799,470
 Scope 1 amd Scope 2 (Market-based) (4)616,059665,104
Scope 3 (5) 267,433,725274,685
TotalScope 1 Scope 2 and Scope 3268,049,784275,608,789
(*) 2022 and 2023 GHG emissions were estimated only for Chiplun. The amounts reported in the Group Scorecard do not contain these estimated values.

(**) Direct emissions from combustion include emissions from the fleet already separately disclosed in previous non-financial statements. In 2023, the direct emissions from combustion totaled 147,820 tons of CO2, which corresponds to 65% of the Group’s Scope 1 amounting to 226,131 tons of CO2). 2).

(1) Scope 1 emissions comprise the direct emissions of the organization, being those generated from resources under its direct control. Reported Scope 1 emissions refer to combustion processes (natural gas, LPG, petrol, diesel, fuel oil, marine diesel), refrigerant gas leaks (emissions from refrigerant gas leaks currently consist of releases of Chlorofluorocarbons – CFCs – and Hydrochlorofluorocarbons – HCFCs – from air conditioning systems), and SF6 gas leaks.

(2) 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.

(3) Scope 2 Emissions - Location-based method quantifies these emissions with reference to average Scope 2 CO2 emission factors for the energy generated within well-defined (e.g. local, sub-national or national) geographical boundaries.

(4) Scope 2 Emissions - Market-based method quantifies these Scope 2 CO2 emissions with reference to the CO2 emissions of the energy suppliers from which the reporting company purchases, under contract, an electricity package. Markets differ on the contracts available for the purchase of energy or on the claim of specific attributes, but may include: energy guarantees of origin and direct contracts with suppliers (RECs, GOs, I-REC, etc.); supplier-specific emission factors; default emission factors that represent uncontrolled or unclaimed energy and emissions (defined as “residual mix”); average regional, sub-national or national emission factors.

(5) Scope 3 Emissions comprise the indirect emissions generated by the organization throughout the value chain, via its upstream and downstream processes. These include the emissions deriving from purchased goods and services, the purchase of capital goods, fuel consumption and energy-related activities, upstream transportation and distribution, waste generated by operations, business travel, employee commuting, upstream leased assets, downstream transportation and distribution, use of sold products, end-of-life treatment of sold products, and investments.

Waste by destination (kg)

 20232023 %20222022 %
 HAZARDOUS WASTE12.381.045 14.050.194 
Landfill1,740,75014%2,166,18615%
Incinerator2,852,81223%2,815,74820%
Recycled6,027,12649%6,620,00347%
Other1,760,35714%2,448,25717%
 NON-HAZARDOUS WASTE222,782,796 220,355,520 
Landfill41,793,43419%42,373,45719%
Incinerator1,030,7216%13,104,9906%
Recycled162,821,86073%159,240,56572%
Other5,136,7812%5,636,5083%
 TOTAL235,163,841 234,405,714 
Landfill43,534,18419%44,539,64219%
Incinerator/td>15,883,5337%15,920,7387%
Recycled168,848,98672%165,860,56971%
Other6,897,1383%8,084,7653%

Water drawn (m3) by source

 2023Water stress areasAll areasTotal
Water from wells1,497,4712,430,6953,928,166
Water from public water main457,5242,134,8772,592,401
Water from other sources – Fresh water-519,512519,512
Total1,954,9955,085,0847,040,079
 2022Water stress areasAll areasTotal
Water from wells1,704,9202,476,6844,181,604
Water from public water main474,5872,387,6482,862,234
Water from other sources – Fresh water-717,636717,636
Total2,179,5075,581,9687,761,474

People, Prysmian's human capital

Prysmian has always invested in its people and in the local communities in which it operates. Because for us, growth means being connected and spreading the culture of sustainability throughout the entire corporate population all over the world.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

CategoryKPIMaterial topic and related impactBaseline
2022
Baseline
2023
Target
2025
Diversity and
inclusion
Percentage of women employees hired1Equity, diversity, inclusion and respect for human rights | | Promotion of specific programs for a more inclusive and diverse work environment44.90%46%47%/49%
Percentage of women executives2Equity, diversity, inclusion and respect for human rights | | Promotion of practices to promote gender balance in Prysmian management and the BoD15.70%18.8%21%/24%
People's
well-being
Safety Assessment Plan3Well-being, engagement and improvement of human capital skills | Potential accidents, mental and physical illness due to the failure to spread a culture of health and safety in the community in which the Company operates- 3.42.75/5
Leadership Impact Index4Well-being, engagement and improvement of human capital skills | Engagement: adoption of people-oriented policies to meet people's needs and demands55%57%57%/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 abroad (including global recruiting programs and projects) and all change of contracts from agency/temporary to permanent.

2 Share of women in executive positions (job grade 20 and above) as a percentage of total executive employees. The number of employees is the headcount as at 31 December 2023, including all permanent contract and temporary ones. The KPI shows 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.

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).

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.

Goals: Improvement of gender balance

2023Goal 20232022
Percentage of women of total work force20.5%20%-22%19.2%
Percentage of women hired (*)46%46%-49%44.9%
Percentage of women junior executives28.7%28%-30%26.9%
Percentage of women in middle management positions25.1%25%-28%24.4%
Percentage of women in top management positions12.5%12%-14%7.1%
Percentage of women in all managerial positions25.8%25%-28%24.3%
Percentage of women in managerial positions within revenue-generating functions18.9%19%-21%17.4%
Percentage of women in STEM functions (**)21.9%21%-23%19.7%
(*) Employed women hired on a permanent basis, including changes of contract from fixed-term and agency contracts to open-term contracts.

(**) Percentage calculated only on white collar population.

2023 Performance

Number of employees by geographical area and by contract type

 EMEAAPACNorth AmericaLATAMTotal
Number of employees16,1972,8327,2193,35129,599
Number of permanent employees15,5732,7967,1983,34428,911
Number of temporary employees62436217688
Number of full-time employees15,8172,8317,2133,34829,209
Number of part-time employees380163390

Number of employees by gender and by contract type

 MaleFemaleOtherTotal
Number of employees23,5296,0551529,599
Number of permanent employees22,9725,9241528,911
Number of temporary employees557131-688
Number of full-time employees23,2975,8981429,209
Number of part-time employees2321571390

Number of employees by geographical area and position

 White CollarBlue CollarTotal
EMEA4,82811,36916,197
APAC8551,9772,832
North America1,6255,5947,219
LATAM9182,4333,351
 Total8,22621,37329,599

Percentage of employees by position, gender and age bracket

≤3030-50≥50
 MaleFemaleOtherTotalMaleFemaleOtherTotalMaleFemaleOtherTotal
White Collar52.2%47.7%0.1%100.0%64.6%35.3%0.1%100.0%73.9%26.0%0.0%100.0%
Blue Collar77.7%22.3%0.1%100.0%84.7%15.2%0.0%100.0%88.6%11.3%0.0%100.0%
Total71.6%28.3%0.1%100.0%79.0%20.9%0.1%100.0%84.5%15.5%0.0%100.0%

Hours of training provided by position and gender

MalefemaleOtherTotal
White Collar240,725135,30995376,130
Blue Collar566,641117,247705684,593
Total807,366252,5568011,060,723

Average hours of training provided by position and gender

MaleFemaleOtherTotal
White Collar44501746
Blue Collar31368532
Total34425836

Prysmian recognizes the importance of a sustainable value chain in order to maintain competitiveness and resilience. We anticipate our customers’ needs, we strengthen our bonds with suppliers and we aim to create value for them and for all of our stakeholders. This includes the communities in the areas where we operate, which we support through many donations, development initiatives and sponsorships.
Integration between the economic, social and environmental missions is at the foundation of our management model. Innovation is the leverage that makes all of this possible. We work every day for a sustainable future. We are constantly searching for balance between the value shared with consumers, the people who belong to our company and to the social communities in the areas where we operate and the planet.

Topics

SDG's

Goals: 2023-2025 Prysmian Scorecard

CategoryKPIMaterial topic and related impactBaseline
2022
Result
2023
Target
2025
Green and Circular EconomyPortion of revenues from sustainable products1Sustainable innovation and circularity| | Reduction of emissions relating to new products through the development of low-emission products (higher recycled content/recyclable products) and virtuous practices such as Design for Sustainability30%37%40%
Portion of recycled content on PE and copper sheathing210%12.8%15%/16%
ImpactProviding households with access to sustainable electricity3Facilitating decarbonization to achieve Net-Zero and digitalization | Facilitating the energy transition and the process of decarbonizing the economy and digitalizing the grid21m55m110m
Providing families with rapid digital access43m9m15m
1 Portion of revenues from sustainable products. With the aim of making the Group's approach more organic and due to the progress made in developing sustainable products and solutions in all Regions, the company has decided to eliminate the division between Europe and the rest of the world in the calculation of this KPI, as already shown during the Capital Markets Day held in October 2023.

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.

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 3.0) thanks to Prysmian products.

Performance 2023

Percentage of expenditure for goods and services addressed to local suppliers

20232022
EMEA70.8%69.0%
APAC86.7%84.0%
North America94.0%100.0%
LATAM95.7%95.0%

Number and percentage of suppliers assessed for environmental and social impacts

NumberPercentage
Suppliers assessed for environmental impacts500-
Suppliers with a current or potential negative environmental impact9719.4%
Suppliers assessed for social impacts500-
Suppliers with a current or potential negative social impact9819.6%

Material used by weight or volume [kTon]

20232022
Metals1,1611,219
Compounds (*)348365
Ingredients274288
Chemicals66
Other (yarns, tapes and oils)2726
Total1,8161,904
(*) Compounds: in the processing of rubber, mixtures of polymers and ingredients (talc, kaolin, carbon, etc.) having various functions (e.g. strengtheners, accelerants, colorants).

Donations - Type of donation

Donations - Type of initiative

Donations - Initiative target area

Innovation - The R&D team

Number
Million euros investments in R&D128
Number of patents covering the main innovations5,460
Research centers26
Product families launched in 2023258
Collaborations with research centers and universities50
Professionals1,000

Number of patents and patent applications

Number of patent families

Download Area

Download the 2023 Documents

Integrated Annual Report