Prysmian

Electrical Components & Equipment
PRY.MI
€ 30 (1.3)%
Share price
$ 7.6 bn
Market Cap
$ 10 bn
Enterprise Value

Carbon footprint

82 Ton
GHG emissions per $ 1 mln investment
2.1x the weighted average for S&P 500
FY2021
How is this calculated?
-1%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+8.1%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

Prysmian aims to reduce Scope 1 + 2 by 3% by 2022 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Prysmian's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Prysmian's GHG emissions (location-based) (Kt of CO2e)
Prysmian's Carbon intensity (Tons per 1 USDm)

Prysmian's carbon footprint

Prysmian reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 824 Kt (-8.5 /-1% y-o-y). Also positively, carbon intensity tumbled to 55 t (-17 /-23.2% y-o-y).

No public disclosure of Scope 3 emissions has been found for Prysmian at the moment.

The company is committed to reducing Scope 1 + 2 by 3% by 2022 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Prysmian also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Prysmian Group commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Prysmian Group commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 21% within the same timeframe.

Company environmental metrics

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