Public Profile

Prysmian

Prysmian Group, a global leader in the cable manufacturing industry, is headquartered in Italy and operates extensively across Europe, North America, and Asia. Founded in 1870, the company has achieved significant milestones, including its role in major infrastructure projects and advancements in energy and telecommunications solutions. Prysmian specialises in the production of high-tech cables and systems for energy and telecommunications, offering unique products that cater to the evolving needs of various sectors. With a strong market position, Prysmian is recognised for its commitment to innovation and sustainability, making it a preferred partner for clients worldwide. The company’s extensive portfolio includes power cables, optical fibres, and connectivity solutions, solidifying its reputation as a key player in the global market.

DitchCarbon Score

How does Prysmian's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

63

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Prysmian's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Prysmian's reported carbon emissions

In 2022, Prysmian Group reported significant carbon emissions, totalling approximately 275,608,789,000 kg CO2e globally. This figure includes 297,725,000 kg CO2e from Scope 1 emissions and 9,971,915,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for a 47.2% reduction in absolute Scope 1 and 2 emissions by 2030, based on a 2019 baseline. Additionally, Prysmian targets a 27.5% reduction in Scope 3 emissions within the same timeframe. Long-term goals include achieving a 90% reduction in both Scope 1 and 2 emissions by 2035 and a 90% reduction in Scope 3 emissions by 2050. These targets align with the Science Based Targets initiative, demonstrating Prysmian's commitment to sustainable practices and climate action.

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20122013201420162017201820192020202120222023
Scope 1
89,657,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
454,845,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prysmian's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Prysmian is headquartered in IT, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Prysmian is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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