Prysmian reaches the top of its sector with outstanding sustainability performance

Prysmian has been recognized as the only company in the Electrical Components and Equipment sector to enter the “Top 1%” category of the Sustainability Yearbook published by S&P Global. The evaluation, which includes the largest players in the electrification sector, covers 150 companies with a total market capitalization exceeding USD 654.5 billion. 

Standing out with its innovative technologies and sustainability‑focused approach in the energy and telecommunications cable industry, Prysmian has achieved a significant global success. Within the Sustainability Yearbook published by S&P Global, the company was ranked in the “Top 1%” category in the Electrical Components and Equipment sector, marking the highest sustainability performance in its field. 

This achievement is based on Prysmian’s score of 86/100 in S&P Global’s Corporate Sustainability Assessment (CSA), which evaluates companies’ environmental, social, and governance performance. Among the 150 companies included in the assessment, Prysmian ranked first in its category.

 S&P Global’s sustainability assessment is based on three main dimensions: environmental, social, and governance & economic performance. Environmental performance accounts for 35%, social performance for 30%, and governance & economic performance for 35% of the evaluation. The process includes a comprehensive analysis of several critical areas such as climate strategy, environmental policies, human capital management, occupational health & safety, business ethics, supply chain management, and corporate governance. 

“We are among the very best in our sector with our sustainability performance” 

Turk Prysmian Kablo CEO, Daniele Mazzarella, shared his thoughts on this achievement: 

“This ranking, consisting of companies with a total market value exceeding USD 650 billion, brings together the most important players in the electrification sector. At Prysmian, we combine our sector expertise with sustainability‑driven innovation to create value and develop advanced solutions for our customers. This approach transforms us from a cable manufacturer into a global solution provider. Sustainability is also an integral part of our corporate identity. By continuously learning and developing with our customers, suppliers, employees, and investors, we will keep strengthening ourselves in the years to come.” 

Net biodiversity gain by 2035 

Prysmian announced its sustainability targets during the Capital Markets Day event held in March 2025. As part of these targets, the company aims to reduce its carbon emissions and reach net‑zero emissions across Scope 1, 2, and 3 by 2035. 

Prysmian also aims to achieve a net gain in biodiversity by 2035, enhancing its positive impact on nature and ecosystems. Additionally, the company plans to increase the share of sustainable solutions within its business model and generate 55% of its revenues from sustainability‑linked products and solutions by 2028. 

Furthermore, strengthening employee ownership remains one of the company’s priorities, with the ambition for more than half of its employees to become Prysmian shareholders.