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2014 Sustainability Report

Prysmian Group

8

The Sustainability Report of the Prysmian Group (also

“Prysmian” or the “Group”) is prepared in order to provide

a complete and transparent picture of the values, commit-

ments made and results obtained in the area of sustainable

development.

This annual Report, now in its fourth edition (the third,

relating to 2013, was published in April 2014), represents

the main tool for communicating the economic, social and

environmental performance of the Group, covering the history

of Prysmian’s commitment to the pursuit of activities that

create value both for the Group and for our stakeholders.

As part of the process of continuous improvement, Prysmian

has prepared this Report in conformity with the new «G4

Sustainability Reporting Guidelines», applying the Core

option. Adoption of these guidelines, defined in 2013 by the

GRI – Global Reporting Initiative, increases the breadth and

depth of the topics covered and confirms Prysmian’s constant

commitment to making the reporting process ever more

complete and effective.

The GRI G4 guidelines for sustainability reporting require the

Sustainability Report to contain information about matters

that are considered important, being those with a significant

economic, environmental and social impact on the organisa-

tion and that significantly influence the assessments and

decisions of stakeholders.

The process of collecting data and information in order to

prepare the Report was managed in collaboration with the

various business functions, in order to identify clearly and

precisely the information deemed most meaningful for

stakeholders, in terms of its balance, comparability, accuracy,

timeliness, clarity and reliability.

Except as indicated, the data and information contained in

this report relate to those companies within the Prysmian

Group as of 31 December 2014 that are consolidated on a

line-by-line basis in the Annual Report. Prior year informa-

tion is presented solely for comparative purposes, in order to

facilitate assessment of the Group’s performance over time.

The information contained in this document makes reference

to various measurable parameters and estimates, which are

appropriately identified in the various chapters.

There were no significant changes in the ownership structure

or scale of the Group during 2014 that would affect the scope

of this Report.

CONTACTS

Please direct comments, requests, opinions and ideas for

improving the activities of Prysmian and the information

contained in the Sustainability Report to:

CORPORATE AND BUSINESS COMMUNICATIONS

• +39 0264491

[email protected]

In order to make this Report readily accessible, an interactive version can be downloaded

from the Group’s official website:

www.prysmiangroup.com

For completeness, compared with last year and having regard

for size and structure considerations, ”Power Cables Malaysia

Sdn Bhd” has been ignored except for the related environ-

mental data.

In order to guarantee the reliability of the information

presented, Deloitte has performed a limited assurance en-

gagement in relation to the Sustainability Report, releasing

its Auditors’ Report in accordance with the criteria indicated

in standard ISAE 3000. This report includes compliance with

the principles of audit independence.

Structure of the Sustainability Report

The first chapter is dedicated to presenting the Group, the

areas in which we work, the main events and awards received

during the year, and the values that guide the way we work.

It also describes the governance of Prysmian, our economic

performance and the activities arranged to communicate with

and involve our shareholders and investors.

The next section covers the Group’s core business, being of

course our products. The «Integrated sustainability», «Innova-

tion» and «Supply Chain» chapters of this section shows how

sustainability is an all-encompassing concept that influences

the entire life cycle of every product: from research into and the

development of innovative and sustainable solutions, to the

networks that transport the product to market.

The following chapter is dedicated to our human resources,

health and safety policies, the engagement of employees and

their personal growth via initiatives that develop their skills.

This focus on our human resources is also reflected in the

activities carried out for the benefit of the local communities

in which the Group works, which are described in the chapter

on «Communities».

The section on the environment presents our HSE policies and

our environmental performance by analysing the most sig-

nificant aspects, such as our use of natural resources and raw

materials, our consumption of energy and the related green-

house gas emissions and our elimination of processing waste.

The Report closes with a number of attachments that provide

further details about certain information contained in the

Report, the Auditors’ Report and the GRI Content Index.

This Report includes more than 100 KPIs

METHODOLOGY

INTRODUCTION