Prysmian Group
Prysmian Group, a leading global player 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. Specialising in the production of high-tech cables and systems for energy and telecommunications, Prysmian Group offers unique products that cater to diverse 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 infrastructure projects worldwide. With a strong focus on quality and performance, Prysmian Group continues to lead the way in developing cutting-edge solutions that meet the evolving needs of the global market.
DitchCarbon Score
How does Prysmian Group'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 Business Services 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 Group's score of 39 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Prysmian Group's reported carbon emissions
In 2023, Prysmian Group reported total greenhouse gas emissions of approximately 268,049,784,000 kg CO2e, comprising 226,131,000 kg CO2e from Scope 1 and 389,928,000 kg CO2e from Scope 2 emissions. The company has also disclosed significant Scope 3 emissions, amounting to approximately 267,433,725,000 kg CO2e. Prysmian Group has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 47.2% by 2030 from a 2019 baseline. Additionally, the company targets a 27.5% reduction in Scope 3 emissions within the same timeframe. Long-term goals include achieving a 90% reduction in Scope 1 and 2 emissions by 2035 and maintaining this reduction through 2050, alongside a 90% reduction in Scope 3 emissions by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Prysmian Group's commitment to reaching net-zero GHG emissions across its value chain by 2050. The company is headquartered in Italy and operates within the electrical equipment and machinery sector, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.
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Add to project| 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 89,657,000 | 00,000,000 | 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 | 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 |
Industry emissions intensity
Location emissions 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 Group 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.
