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Sustainability

OUR COMMITMENT TO A BETTER FUTURE

Sustainability

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Global strategy 

 

We are committed to ensuring the sustainability of our processes and to safeguarding the environment. We work alongside local communities to ensure that the areas in which we operate are protected and to guarantee workplace safety. 

In 2015, the United Nations set Sustainable Development Goals (SDG) — a collection of 17 interlinked global goals designed to be a blueprint to achieve a better and more sustainable future for all by 2030. The UN has defined tangible solutions to all the challenges posed by the SDGs. The first and most important objective is to make electrical energy production clean — a transition is required from the current model to one based on energy from renewable sources. Prysmian Group is contributing to building and upgrading infrastructures for energy transmission and distribution, and for telecommunications. 

Prysmian Group also adheres to the UN’s Global Compact, the principles and spirit of which are reflected in the culture, values and practices of the group. Environmental, Social and Governance (ESG) values are deeply embedded in the group’s DNA, inspiring its strategic priorities and influencing day-by-day behaviours. Among our tools are the Sustainability Policy, which provides guidelines for all group companies and operations, and the group implements these guidelines through a set of annual targets aligned with the SDGs. These targets are laid out in the group’s Sustainability Scorecard as a set of 16 clear and measurable indicators, against which the company’s progress is monitored annually in order to ensure continuous improvement. These targets are included in the annual Sustainability Report, which is a consolidated disclosure of non-financial information combining the group’s sustainability related efforts. The document is prepared in accordance with GRI Sustainability Reporting Standards.

VISIT THE GROUP´S SUSTAINABILITY PAGE.

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In the Baltics

 

Prysmian Group Baltics monitors regional sustainability based on the group’s Sustainability Scorecard. The Baltics’ scorecard can be found below and shows that the region is performing well in multiple areas. For 2022, from the 16 indicators, we have selected 4 focus areas in which we seek to find opportunities and realise improvement:

  • percentage of waste recycled
  • percentage of drums (tonnes) reused during the year
  • accident frequency rate (IF)
  • accident severity rate (IG)

Improvements in these focus areas would have the biggest impact on local markets. For example, drum return percentage is high. However, if together with our partners we narrow the gap between return and reuse, then we will buy fewer new drums and reduce the use of different resources.

Sustainability is in our DNA so, next to the scorecard indicators, the Keila plant also works with other CO2-reducing and sustainability increasing practices — the plant operates on green energy, coil packaging is 30% recycled plastic, we promote greener choices through CableApp, we hire female operators to reduce gender balance in the plant, etc. Sustainability is a commitment for us; therefore, sustainability indicators in one way or another constitute part of performance indicators for all employees.

For further information, please see the links and materials below or CONTACT US

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