The recognition reflects how Prysmian is performing in a positive way across all ESG (Environmental, Social, and Governance) areas, thanks to the company, its management, and governance processes, which are all aligned to help achieve a positive impact on people, the planet, and society. Prysmian’s strongest evaluation was related to its excellent governance processes, stakeholder engagement, and overall corporate governance. Furthermore, Prysmian was also recognized for its strong performance in low-carbon products and processes that are focused on reducing emissions and reducing the overall environmental impact, together with its efforts in supporting human rights.
Maria Cristina Bifulco, Chief Investor Relations, Sustainability, and Communication Officer, Prysmian, stated: “Prysmian feels a deep responsibility as its market leader to act in a sustainable way—on governance, the environment, and for its social impact, and this recognition was thanks to the entire efforts of the organization worldwide which is committed to pulling together to achieve a positive impact for all our stakeholders. There is still improvement for us, but our progress and positive rating is a reward for the efforts so far in our journey while we accelerate to achieve sustainable and inclusive growth.”
Sustainalytics’ ESG Risk Ratings cover more than 15,000 companies across 42 industries. Using its comprehensive methodology, it evaluates different levels of risk and total exposure to build a comprehensive overall assessment of a company’s ESG risk. This guidance helps investors and companies benchmark and understand areas of potential improvement.
