The Leading Energy Cable Company Launched Global Sustainability Academy

29,000 employees in over 50 countries will work for the academy.

The initiative, according to the report, aims to spread a culture of sustainability throughout the entire corporate population worldwide and to further strengthen the Group's commitment to the implementation of its Climate and Social Ambitions, with a focus on employee engagement and upskilling.

Energy and fibre optic cable technology are key aspects of the energy, digital, and electrification transition processes.

"The Sustainability Academy will enable the entire Group to strengthen the culture and skills of sustainability that represent a strategic driver of business competitiveness,"  said the report.

The Sustainability Academy training programme will also involve the most influential business schools at the international level.

The inauguration of the Global Sustainability Academy was organised in Muscat, the headquarters of the Oman Cables Industry and the Prysmian Group of the MEAT region.

H.E. Federica Favi, the Italian Ambassador in Oman, Cinzia Farisè, CEO of Oman Cables and CEO of Prysmian MEAT Region, and Maria Cristina Bifulco Prysmian, Chief Sustainability Officer and Group IR VP, attended the event, states the report.

Lessons throughout 2023 will be divided into five modules, which include awareness, knowledge, impact, leadership, and KPIs. These modules are differentiated according to the target audience.

According to the report, the first module, IMPACT, started yesterday in Oman. It will involve 30 managers from all over the world for three days. The topic for the module is "How to innovate and spread sustainability in organizations."

The modules will have a hybrid formula: some of them will be in person (like those currently taking place in Oman), while others will be available online or via podcasts, reaching the entire company population.

Cinzia Farisè, CEO of Oman Cables and CEO of Prysmian MEAT Region, stated, "With an Academy of Sustainability in Oman, we want to contribute to the development of distinctive skills, creating value through positive business models based on the growth and empowerment of our human capital."

He added that we aim to promote a diversified and inclusive system open to new perspectives and to promote the capacity to innovate by training the sustainable leaders of the future. This is in line with Oman's Vision 2040 and the Sultanate's commitment to achieve net-zero emissions by 2050.

According to Maria Cristina Bifulco, Chief Sustainability Officer, as a market leader in an industry that is key in the energy transition process, they feel it is their duty to convey this sustainable culture to all their colleagues even more effectively and directly, and they need to invest in training and up-skilling our people.

In 2021, Prysmian Group launched two strategic ambitions that will guide the group's actions in the medium-long term: the Climate Change Ambition and the Social Ambition.

The Climate Change Ambition is a climate strategy that adopts science-based targets aligned with the requirements of the Paris Agreement: reductions to zero of emissions under Scope 1, 2, and 3 or at least to a residual level consistent with achieving the Paris Agreement targets (1.5 °C), as mentioned in the report.

The report further adds that this means reducing the emissions produced by 90% compared to 2019 and the subsequent neutralisation of any residual greenhouse gas (GHG) emissions released into the atmosphere.

The Group's social ambition focuses primarily on efforts to improve diversity, equality, and inclusion (DE&I), digital inclusion, community empowerment, employee engagement, and their upskilling.

The report concludes that different targets for 2030 have been identified for each of these topics in order to further align the group with the United Nations Sustainable Development Goals (SDGs). 

By Sumita Pawar