Prysmian Sustainability Profile
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.
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.
Industry Benchmark
Prysmian's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Prysmian's reported carbon emissions
In 2024, Prysmian Group reported total greenhouse gas emissions of approximately 236,181,000,000 kg CO2e, with Scope 1 emissions at about 217,306,000 kg CO2e, Scope 2 emissions (market-based) at approximately 365,091,000 kg CO2e, and Scope 3 emissions reaching about 235,599,000,000 kg CO2e. This represents a decrease from 2023, where total emissions were approximately 268,050,000,000 kg CO2e. Prysmian has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 47% by 2030, using 2019 as the baseline. Additionally, they are targeting a 90% reduction in these emissions by 2035. For Scope 3 emissions, the company has updated its target to a 28% reduction by 2030, with a long-term goal of achieving a 90% reduction by 2050. The company is committed to achieving net-zero emissions across its entire value chain (Scopes 1, 2, and 3) by 2050. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C. The data and commitments are sourced from Prysmian S.p.A., reflecting their corporate sustainability strategy.
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| 2012 | 2013 | 2014 | 2015 | 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 | 000,000,000 | 00,000,000 | - | 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 | 00,000,000 | - | 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 | 000,000,000,000 |
How Carbon Intensive is Prysmian's Industry?
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Prysmian's Scope 3 Categories Breakdown
Prysmian's Scope 3 emissions, which decreased by 12% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 5% of Scope 3 emissions.
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Prysmian's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Prysmian has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Prysmian's sustainability data and climate commitments