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.
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.
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.
Prysmian's score of 95 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prysmian Group reported total greenhouse gas emissions of approximately 236,180,958,000 kg CO2e, with Scope 1 emissions at about 217,306,000 kg CO2e, Scope 2 emissions at approximately 365,091,000 kg CO2e, and Scope 3 emissions reaching around 235,598,561,000 kg CO2e. For 2022, Prysmian's emissions included 227,215,000 kg CO2e for Scope 1 and 393,573,000 kg CO2e for Scope 2, while Scope 3 emissions totalled approximately 239,303,832,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 90% reduction in Scope 1 and 2 emissions by 2035 and a 90% reduction in Scope 3 emissions by 2050. Prysmian's near-term targets include a 47.2% reduction in absolute Scope 1 and 2 emissions by 2030, based on a 2019 baseline, and a 27.5% reduction in Scope 3 emissions within the same timeframe. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, with specific initiatives such as eliminating SF6 gas emissions and transitioning to 100% renewable energy sources. These commitments reflect Prysmian's dedication to sustainability and its proactive approach to addressing climate change within the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 89,657,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 00,000,000 | 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 | 000,000,000,000 |
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 participating in some of the initiatives that 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.