Materiality Analysis

Management of impacts, risks and opportunities (IROs): dual materiality

Prysmian’s materiality matrix

For Prysmian, double materiality is a strategic governance tool that enables the Group to integrate sustainability into the definition and development of its “Accelerating Growth” strategy.

Under this approach, the Group carries out a combined assessment of:

  • the impact of its own operations on the environment and on people (impact materiality), and
  • the risks and opportunities associated with sustainability that may influence the Group’s operating and financial performance (financial materiality).

The matrix creation process

Prysmian revised its Double Materiality Assessment in 2025 via a structured process aligned with the ESRS, and involving internal and external stakeholders in assessing ESG impacts, risks and opportunities.

The resulting matrix shows the correlation between impact materiality and financial materiality, highlighting the most significant topics to guide strategic decision-making and value creation.

The matrix

Results

  • Priority topics were again E1 Climate Change, S1 Own Workforce and G1 Business Conduct, strengthening the link between sustainability and financial performance.
  • Strategic opportunities: growing importance of the Transmission and Power Grid business units, with the focus on Affected Communities (S3), Consumers (S4) and Circular Economy (E5).
  • Impact on the business: electrification and renewables create new revenue streams and competitive advantages, with double materiality driving investment decisions and the ESG strategy.