Sustainability

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.

3 dimensions

Economic sustainability - we enable affordable energy and telecom innovation and infrastructure.

Environmental sustainability - we seek out a responsible and sustainable supply chain.

Social sustainability - we contribute to both people and community development.

In the Baltics

Prysmian Group Baltics monitors regional sustainability based on the group’s Sustainability Scorecard. The Baltics’ scorecard shows that the region is performing well in multiple areas. In 2022 and 2023, from the 16 indicators, we selected focus areas in which we seek to find opportunities and realise improvement. Improvements in these focus areas would have the biggest impact on local markets. Performance indicators and related explanations have been aggregated on the Baltics Sustainability Report – linked in the below list. The latest report also introduces additional CO2-reducing and sustainability increasing practices. 

Through our sustainability goals and actions, we are committed to creating a better future for ourselves, our partners, our customers and our community.

In 2023 Prysmian Group Baltics was awarded the GOLD LEVEL quality label of the Responsible Business Forum Index. The assessment of the index takes into account the principles of the UN Global Compact, ESG framework for assessment and the UN sustainable development goals.

For further information, please see the links and materials below or contact us.  

VEF index logo

Related links and files

The Group's Report 2022

The Baltics' Report 2022

The Baltics' Report 2021

ISO 14001:2015, ISO 9001:2015, ISO 45001:2018

Renewable energy

Drum handling, return, evaluation

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