{"id":10818,"date":"2023-12-11T11:23:05","date_gmt":"2023-12-11T11:23:05","guid":{"rendered":"https:\/\/www.emr-online.com\/prysmian-prysmian-group-confirmed-among-leaders-by-sp-global-for-the-dow-jones-sustainability-world-index-2023\/"},"modified":"2023-12-11T11:23:05","modified_gmt":"2023-12-11T11:23:05","slug":"prysmian-prysmian-group-confirmed-among-leaders-by-sp-global-for-the-dow-jones-sustainability-world-index-2023","status":"publish","type":"post","link":"https:\/\/www.emr-online.com\/prysmian-prysmian-group-confirmed-among-leaders-by-sp-global-for-the-dow-jones-sustainability-world-index-2023\/","title":{"rendered":"Prysmian – Prysmian Group confirmed among leaders by S&P global for the Dow Jones sustainability world index 2023"},"content":{"rendered":"

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Excellent results in the areas of CO2 emissions reduction, resource efficiency and circularity<\/strong><\/h1>\n

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Prysmian Group\u2019s sustainability leadership was confirmed in the prestigious Dow Jones Sustainability World Index (DJSI World) after the annual evaluation of companies’ sustainability practices performed by S&P Global through its Corporate Sustainability Assessment.<\/p>\n

In the 2023 edition, Prysmian, which is included in the ELQ Electrical Components & Equipment sector, reached excellence (100 points) in the environmental areas of Emissions, Resource Efficiency and Circularity, Waste, and Water, reaffirming its focus and attention on these topics.<\/p>\n

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\u201cTo be confirmed in the Dow Jones Sustainability Index is again the result of Prysmian’s commitment to sustainability and the role we intend to play as technological enabler of the energy transition and the digital transformation. As a leader in our industry, we also feel responsible for promoting impactful ESG initiatives across the value chain and beyond, adopting policies, taking actions, and setting targets that are designed to create shared value for all our stakeholders\u201d, commented Maria Cristina Bifulco, Prysmian Group Chief Sustainability Officer and Group IR VP. \u201cThis recognition also represents an incentive to keep growing our environmental, social, and governance performance, especially in today\u2019s challenging, competitive, and ever-changing scenario, by leveraging on our technological and industrial leadership to further amplify the positive impact that Prysmian can generate for the environment, people and communities\u201d.<\/p>\n<\/blockquote>\n

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For Prysmian, sustainability is a key driver to create value. It is fully integrated in the Group long-term vision and defined strategy underpinned by measurable KPIs that constitute its Climate Change and Social Ambitions. Last October, in occasion of its first Capital Markets Day, Prysmian upgraded its sustainability KPIs for 2025-2027 and confirmed its Scope 1 and 2 Net Zero targets for 2035 and its Scope 3 Net Zero target for 2050.<\/p>\n

The Group intends to continue to lead innovation in the cable industry developing thinner, lighter, faster, and greener products while creating tangible value for customers and in the communities and territories in which it operates. In fact,  the company achieves its sustainability objectives by constantly collaborating with its partners. Stakeholder engagement is also a core component of Prysmian\u2019s sustainability strategy, allowing to better understand and anticipate their needs and expectations.<\/p>\n

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Source<\/span>Prysmian Group<\/span>[vc_icon class=’fntasm’ icon_fontawesome=’fas fa-external-link-alt’]<\/a><\/h5>\n

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EMR Analysis<\/strong><\/h4>\n

More information on Prysmian:<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

More information on Valerio Battista (Group Chief Executive Officer, Prysmian Group until the 2024 Annual General Meeting (April)):<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

More information on Massimo Battaini (Group Chief Operating Officer and Executive Director, Prysmian Group + Designated Chief Executive Officer at the 2024 Annual General Meeting (April)):<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

More information on the Prysmian Sustainability Strategy:<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

More information on Maria Cristina Bifulco (Group Chief Sustainability Officer & Group Investor Relations Director, Prysmian Group):<\/strong> See the full profile on EMR Executive Services<\/a><\/p>\n

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More information on S&P Global + S&P Dow Jones Indices: <\/strong>https:\/\/www.spglobal.com\/en\/<\/a> + S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500\u00ae and the Dow Jones Industrial Average\u00ae. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.<\/p>\n

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence.<\/p>\n

More information on S&P Dow Jones Sustainability World Index (DJSI): <\/strong>https:\/\/www.spglobal.com\/spdji\/en\/indices\/esg\/dow-jones-sustainability-world-index\/#overview<\/a> + The Dow Jones Sustainability\u2122 World Index comprises global sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment (CSA). It represents the top 10% of the largest 2,500 companies in the S&P Global BMI based on long-term economic, environmental and social criteria.<\/p>\n

More information on Douglas L. Peterson (President and Chief Executive Officer, S&P Global):<\/strong> https:\/\/www.spglobal.com\/en\/who-we-are\/our-people\/operating-committee\/douglas-peterson<\/a> + https:\/\/www.linkedin.com\/in\/douglas-peterson-1254245\/<\/a> <\/p>\n

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More information on Net Zero by 2050 by the United Nations:<\/strong> https:\/\/www.un.org\/en\/climatechange\/net-zero-coalition<\/a> + Put simply, net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance.<\/p>\n

Currently, the Earth is already about 1.1\u00b0C warmer than it was in the late 1800s, and emissions continue to rise. To keep global warming to no more than 1.5\u00b0C  \u2013 as called for in the Paris Agreement<\/a> \u2013 emissions need to be reduced by 45% by 2030 and reach net zero by 2050.<\/p>\n

More than 140 countries<\/a>, including the biggest polluters \u2013 China, the United States, India and the European Union \u2013 have set a net-zero target, covering about 88% of global emissions<\/a>. More than 9,000 companies, over 1000 cities, more than 1000 educational institutions, and over 600 financial institutions have joined the Race to Zero<\/a>, pledging to take rigorous, immediate action to halve global emissions by 2030.<\/p>\n

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EMR Additional Notes:<\/strong><\/p>\n