Prysmian SpA
Prysmian EU Taxonomy Data Preview
In 2024, Prysmian was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Prysmian has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Prysmian are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Prysmian's Revenues from Sustainable Activities
In 2024, Prysmian reported EU Taxonomy-eligible revenues of EUR 10.92 billion, representing 64.1% of its total turnover. Of this amount, EUR 3.57 billion of Prysmian's revenues was classified as EU Taxonomy-aligned, indicating that 21% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Prysmian's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Prysmian's revenues become more sustainable over time?
Since 2022, Prysmian's taxonomy-aligned revenues increased by 84.21%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Prysmian's taxonomy-aligned revenues decreased by 27.08% , suggesting that Prysmian may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Prysmian's revenue is eligible under the EU Taxonomy?
In 2024, Prysmian reported that EUR 10.92 billion of its revenue was eligible under the EU Taxonomy, representing 64.1% of the company's total turnover. Of this amount, EUR 3.57 billion (21% of total revenue) was classified as Taxonomy-aligned. This means that 43.1% of Prysmian's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Prysmian's eligible revenue is aligned with the EU Taxonomy?
In 2024, Prysmian reported that EUR 3.57 billion of its revenue was aligned under the EU Taxonomy, representing 21% of its total turnover.
This moderate level of alignment indicates that Prysmian has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Prysmian's Eligibility & Alignment Overview
Prysmian's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Prysmian's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Prysmian reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 21%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Prysmian earn from selling climate-related solutions ?
In 2024, Prysmian reported that EUR 3.58 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 21% of the company's total revenue, indicating that Prysmian has a moderate focus on solutions that support climate action through its commercial activities.
Insights into Prysmian's CAPEX from Sustainable Activities
In 2024, Prysmian reported EU Taxonomy-eligible CAPEX of EUR 645.04 million, representing 81.2% of its total CAPEX. Of this amount, EUR 518.04 million of Prysmian's CAPEX was classified as EU Taxonomy-aligned, indicating that 65.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Prysmian's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Prysmian's increased its investment in sustainable activities over time?
Since 2022, Prysmian's taxonomy-aligned capital expenditure (CAPEX) increased by 55.61%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Prysmian's taxonomy-aligned CAPEX increased by 1.72%, highlighting Prysmian's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Prysmian's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Prysmian reported that EUR 645.04 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 81.2% of the company's total CAPEX. Of this amount, EUR 518.04 million (65.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 16% of Prysmian's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Prysmian's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Prysmian reported that EUR 518.04 million of its CAPEX was aligned under the EU Taxonomy, representing 65.2% of its total capital investment.
This strong alignment suggests that Prysmian is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Prysmian's Eligibility & Alignment Overview
Prysmian's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Prysmian's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Prysmian reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 65.2%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Prysmian is investing in climate-related solutions?
In 2024, Prysmian allocated EUR 517.69 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 65.2% of the company's total capital expenditure, indicating that Prysmian is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into Prysmian's OPEX from Sustainable Activities
In 2024, Prysmian reported EU Taxonomy-eligible OPEX of EUR 324.00 million, representing 66.4% of its total operating expenses (OPEX). Of this amount, EUR 111.00 million of Prysmian's OPEX was classified as EU Taxonomy-aligned, indicating that 22.8% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Prysmian's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Prysmian's increased its spending in sustainable activities over time?
Since 2022, Prysmian's taxonomy-aligned operating expenditure (OPEX) increased by 75.38%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Prysmian's taxonomy-aligned OPEX decreased by 22.71%, suggesting that Prysmian may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
How much of Prysmian's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Prysmian reported that EUR 324.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 66.4% of the company's total OPEX. Of this amount, EUR 111.00 million (22.8% of total OPEX) was classified as Taxonomy-aligned. This means that 43.5% of Prysmian's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Prysmian's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Prysmian reported that EUR 111.00 million of its OPEX was aligned under the EU Taxonomy, representing 22.8% of its total operational expenditure.
This moderate level of alignment indicates that Prysmian is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Prysmian's Eligibility & Alignment Overview
Prysmian's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Prysmian's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Prysmian reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 22.8%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Prysmian's operational budget supports climate-related solutions?
In 2024, Prysmian allocated EUR 111.26 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 22.8% of the company's total OPEX, indicating that Prysmian is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.