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 recent expansion into renewable energy solutions and advanced telecommunications infrastructure. Specialising in the production of high-tech cables and systems for energy and telecommunications, Prysmian offers unique products that cater to various sectors, including power distribution, industrial applications, and data transmission. Their commitment to innovation and sustainability has solidified their market position, making them a preferred partner for major projects worldwide. With a strong focus on research and development, Prysmian Group continues to set industry standards, contributing to the advancement of smart grids and connectivity solutions. Their notable achievements include numerous awards for excellence in engineering and sustainability initiatives.
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 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 32 is higher than 88% 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 carbon emissions of approximately 268,049,784,000 kg CO2e, comprising 226,131,000 kg CO2e from Scope 1, 389,928,000 kg CO2e from Scope 2, and 267,433,725,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing emissions across all scopes, with significant targets set for the near future. Prysmian has established ambitious reduction targets, aiming for a 47% decrease in Scope 1 and 2 emissions by 2030, upgraded from a previous target of 46%. Additionally, they aim for a 28% reduction in Scope 3 emissions by the same year. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2035, and a 90% reduction in Scope 3 emissions by 2050, encompassing the entire value chain. The company’s emissions data indicates a proactive approach to climate commitments, aligning with industry standards and the Science Based Targets initiative. These efforts underscore Prysmian's dedication to sustainability and reducing its carbon footprint in the global market.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 228,857,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 320,422,000 | 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 |
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.