Prysmian S p A : SUSTAINABILITY REPORT AND CONSOLIDATED DISCLOSURE OF NON-FINANCIAL INFORMATION 2020
April 01, 2021 at 09:52 am EDT
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Sustainability Report 2020
Consolidated disclosure of non-financial information of the Group pursuant to Legislative Decree 254/2016
Linking the sustainable future
Sustainability Report 2020
Consolidated disclosure of non-financial information of the Group pursuant to Legislative Decree 254/2016
Consolidated Non-Financial Information Statement 2020
2 _ 3
Contents
01_2020 @ A GLANCE
5
CEO's letter
6
Message from the Board of Directors
7
Integrated Sustainability
8
Copying with the pandemic: People first
9
The creation of value for Stakeholders
10
Highlights: KPI Sustainability 2020
12
GRI Content Index
14
02_ESG IDENTITY
23
A truly global Group
24
Leadership in high-tech markets
26
Prysmian Group for the energy transition
28
Sustainability in our DNA
34
Values, Mission, Vision
35
SDGs - Sustainable Development Goals
36
Create value with Stakeholder engagement
39
Materiality matrix
43
Challenging targets for 2022
48
ESG Indicators & Remuneration Policy
50
03_ESG GOVERNANCE
53
Being a Public Company
54
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Ownership Structure
54
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Shareholders' Meeting
56
Governance and Risk Management
59
- Integrated management of sustainability risks
59
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Corporate governance
69
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Governance of Sustainability
71
ESG Digital Governance
73
Focus on Ethics and Integrity
74
- Code of Ethics of the Prysmian Group
74
Group's Tax strategy
80
Protecting our data
85
Prysmian Group
04_PEOPLE, CULTURE AND ORGANIZATION
89
Responsibility Towards People
90
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Our human capital
91
- Diversity and equal opportunities
95
- Human rights due diligence
97
- The development of talent
98
- The wellbeing of our employees
105
- Dialogue with social partners and collective bargaining
107
- Occupational health and safety
109
Commitment to the Community
113
05_SUSTAINABLE INNOVATION & LEAN MANUFACTURING
119
Sustainable Innovation
120
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Innovation eco-system
121
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Partnerships
122
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Speaking platforms
123
- R&D by Prysmian Group: focus
124
- Protection of intellectual property
133
Lean Manufacturing
135
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Industrial activities
135
Our environmental responsibility
139
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Environmental protection
139
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Environmental performance
144
06_EXTENDED VALUE CHAIN
159
Our customer-centric approach
160
- Understanding the needs of our customers
160
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Innovations for customers
162
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Management of complaints
163
- Service timeliness and efficiency
163
Sustainable supply chain
166
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Our suppliers
167
- Responsible and sustainable value chain
171
Group's logistics and transport
175
Attachments
179
Methodological Note
203
Independent Auditors' Report
210
Consolidated Non-Financial Information Statement 2020
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Prysmian S.p.A. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 13:51:07 UTC.
Prysmian S.p.A. specializes in the design, manufacturing, marketing and installation of wires and cable systems. Net sales break down by family of products as follows:
- electrical wires and cable systems (74%): cables for distributing low, medium, and high voltages, special cables for industrial equipment, signaling cables, battery cables, etc.;
- underground and submarine high-voltage power cables, submarine telecommunication cables, and offshore specialty cables (16.3%);
- telecom wires and cable systems (9.7%): copper and fiber-optic cables, communication cables with metal conductors, components and cable systems for long-distance networks, etc.
At the end of 2023, the group had 108 production sites worldwide.
Net sales (excluding projects) are distributed geographically as follows: Europe/Middle East/Africa (47%), North America (35.5%), Latin America (9.6%) and Asia/Pacific (7.9%).