In 2025, the expansion of the Group's value chain, including the full-year contribution of Encore Wire following its acquisition in 2024, led to a significant increase in the relevance of upstream Scope 3 emissions within the overall greenhouse gas footprint. As a result, particular attention is placed on Scope 3 Category 1 (Purchased Goods and Services), which represents one of the most material sources of upstream emissions. To provide a meaningful assessment of performance over time, the Group monitors a normalized emissions intensity indicator related to copper procurement. The indicator is calculated by dividing the greenhouse gas emissions (tCO₂e) associated with copper purchases by the corresponding quantity of copper purchased (tonnes).
The calculation covers the main categories of purchased copper, including copper cathodes, rods, semifinished products and scrap. Purchased quantities were multiplied by the relevant emission factors sourced from the Ecoinvent database to estimate the associated greenhouse gas emissions.
For comparability purposes, the year-on-year analysis has been performed on a like-for-like perimeter basis. Accordingly, both the 2024 and 2025 indicators include 12 months of activity data for Prysmian and Encore Wire. This differs from the methodology applied in the previous reporting cycle, where Encore Wire's contribution was included only for the six-month period following its acquisition. Consequently, the 2024 baseline has been recalculated to reflect the updated reporting perimeter and ensure a consistent comparison with 2025 performance. Based on this like-for-like approach, the emissions intensity indicator decreased by 6% compared with the recalculated 2024 baseline.