Prysmian has secured its position in the prestigious Dow Jones Sustainability World Index (DJSI) and Dow Jones Sustainability Europe Index (DJSI Europe). As of December 23, 2024, Prysmian stands as the dominant player in the Electrical Components & Equipment sector, being the sole cable solutions provider represented in these indices.
This inclusion highlights Prysmian’s commitment to sustainability, which was evaluated through its performance in emissions reduction, resource efficiency, waste management, and water usage in 2024. The company has reaffirmed its objectives for greenhouse gas (GHG) emission reductions, targeting a 36% decrease in Scope 1&2 emissions and a 13% reduction in Scope 3 emissions from 2019 levels, incorporating Encore Wire’s figures.
Prysmian has introduced “E-Path,” a new product label emphasizing sustainable standards, which has received third-party validation through inspections. This initiative aims to apply to products globally that meet these criteria.
Additionally, Prysmian has joined the “Copper Mark” initiative, promoting responsible metal production and recycling practices. Notably, the company’s revenue from sustainable products reached 45% by the third quarter of 2024, surpassing its 2025 goal of 40%.
In terms of social responsibility, Prysmian has improved significantly in the Dow Jones Sustainability Index, focusing on employee training and inclusive policies. The company has implemented various ESG-related training programs and policies fostering an inclusive, diverse, and balanced work environment, supporting its broader social sustainability goals.
Maria Cristina Bifulco, Prysmian’s Chief Investor Relations, Sustainability and Communication Officer, expressed pride in the company’s market leadership and sustainability achievements. She pointed out the progress made through sustainable revenues and new transparency initiatives, signaling Prysmian’s ongoing commitment to sustainability and plans for further advancements in the coming year.
As Prysmian continues its sustainability journey, it looks forward to introducing more initiatives, with updates expected at its upcoming capital markets day in March.
