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Prysmian Group, commonly referred to as Prysmian, is a leading player in the field of communication and energy wire manufacturing, with its headquarters based in Italy. The company operates across multiple regions, including Europe, the Americas, and Asia, serving a diverse global customer base. Founded in 2011 through the merger of Prysmian and Draka, the firm has established itself as a key innovator in high-performance cables and systems.
Specialising in the design and production of electrical and optical cables, Prysmian’s products are integral to energy transmission, telecommunications, and infrastructure projects worldwide. Its commitment to technological advancement and quality has secured a strong market position, making Prysmian a notable leader in the industry. The company's expertise in custom solutions and sustainable practices further distinguishes it within the competitive wire manufacturing sector.
+29 vs industry average
Prysmian’s score of 79 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Communication and Energy Wire Manufacturing is among the most carbon-intensive industries
The Other Communication and Energy Wire Manufacturing industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Prysmian's carbon emissions reporting for 2025 shows a total of approximately 101 billion kg CO2e. This figure comprises around 263 million kg CO2e in Scope 1 emissions and approximately 360 million kg CO2e in Scope 2 emissions (market-based). Scope 3 emissions are the largest contributor, totalling about 100.4 billion kg CO2e, with 'use of sold products' and 'purchased goods and services' being the most significant categories.
In 2024, Prysmian reported total emissions of approximately 112 billion kg CO2e, with Scope 1 at about 227 million kg CO2e and Scope 2 at approximately 394 million kg CO2e (market-based). Scope 3 emissions for 2024 were around 111.3 billion kg CO2e.
For 2023, Prysmian's total emissions were approximately 268 billion kg CO2e, including Scope 1 emissions of about 226 million kg CO2e and Scope 2 emissions of approximately 390 million kg CO2e (market-based). Scope 3 emissions accounted for approximately 267.4 billion kg CO2e.
Prysmian has established robust climate commitments, aiming for ambitious reductions across its value chain. The company is committed to reducing absolute Scope 1 and 2 GHG emissions by 47% by 2030, using 2019 as a baseline year. Furthermore, Prysmian aims to achieve a 90% reduction in Scope 1 and 2 GHG emissions by 2035 and maintain at least a 90% absolute reduction through to 2050. Their commitment extends to Scope 3 emissions, with a target to reduce them by 28% by 2030 (updated from a previous target of -21%) and by 90% by 2050. The ultimate goal is to reach net-zero GHG emissions throughout the entire value chain by 2050. These targets are aligned with the "Well Below 2°C" trajectory and the Paris Agreement requirements.
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2035
90% reduction in scope 3 total
Prysmian commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.
2035
Prysmian commits to reach net-zero greenhouse gas emissions…
Prysmian commits to reach net-zero greenhouse gas emissions across the value chain by FY2035.
2030
55% reduction in Scope 1
Prysmian commits to reduce absolute scope 1 GHG emissions 55% by 2030 from a 2019 base year.
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