Prysmian Targets Half of Sales from Low-Carbon Products by 2022

Cable Enterprise cable laying vessel. Image credit: Prysmian
Cable Enterprise cable laying vessel. Image credit: Prysmian

Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.

The Italian company, which supplies cables for industries ranging from high voltage power transmission to offshore wind-farms, telecoms and cars, said in a statement it aimed to cut carbon emissions by 2-3% by 2022.

It said it also aims to reduce energy consumption by 3% in the time period.

"The energy transition is our core business and main driver of growth," Chief Executive Valerio Battista said in the statement.

(Reporting by Stephen Jewkes; editing by Agnieszka Flak)

Current News

ESAB Fast-Tracks Welding Efficiency, Effectiveness

ESAB Fast-Tracks Welding Effic

Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming Webinar

Seequent Receives Award at Glo

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Libya Blocks Greek Tender for

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Russia Looks to Myanmar Offsho

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine