Prysmian Group is a leading Italian company that operates in the Wire & Cable sector. The company has a strong focus on decarbonisation and renewable energy, and is committed to reducing its carbon footprint through various initiatives. Prysmian Group is also actively involved in corporate energy and corporate power purchase agreements (PPAs), which enable the company to source renewable energy for its operations.

Prysmian Group was founded in 1879 and has since grown to become one of the world's largest producers of energy and telecom cables. The company has a presence in over 50 countries and employs more than 29,000 people. Prysmian Group's products and solutions are used in a wide range of industries, including energy, telecommunications, transportation, and construction.

Decarbonisation is a key focus area for Prysmian Group, and the company has set ambitious targets to reduce its carbon footprint. In 2020, Prysmian Group announced its commitment to achieving net-zero emissions by 2050. To achieve this goal, the company is investing in renewable energy, energy efficiency, and sustainable production processes.

One of the ways Prysmian Group is reducing its carbon footprint is through the use of renewable energy. The company has set a target to source 50% of its energy from renewable sources by 2025. To achieve this target, Prysmian Group is investing in renewable energy projects, such as wind and solar power. The company is also exploring new technologies, such as energy storage and hydrogen, to further reduce its carbon footprint.

Corporate energy is another area where Prysmian Group is making significant progress. The company has implemented a range of energy-saving measures, such as energy-efficient lighting and heating systems, to reduce its energy consumption. Prysmian Group is also working with its suppliers to improve the energy efficiency of its supply chain.

Corporate PPAs are another way Prysmian Group is sourcing renewable energy. A corporate PPA is a long-term agreement between a company and a renewable energy supplier, which enables the company to purchase renewable energy at a fixed price. Prysmian Group has signed several corporate PPAs with renewable energy suppliers, which have enabled the company to source renewable energy for its operations.

In 2020, Prysmian Group signed a 10-year corporate PPA with Enel Green Power, which will enable the company to source renewable energy from a wind farm in Texas. The wind farm will provide Prysmian Group with 200 GWh of renewable energy per year, which is equivalent to the energy consumption of 50,000 households. The corporate PPA will also enable Prysmian Group to reduce its carbon footprint by 90,000 tonnes of CO2 per year.

Prysmian Group is also involved in several renewable energy projects. In 2020, the company announced that it had won a contract to supply cables for the world's largest offshore wind farm, Dogger Bank. The wind farm, which is located off the coast of the UK, will have a capacity of 3.6 GW and will provide renewable energy to over 4.5 million homes in the UK.

Prysmian Group is also involved in the development of new technologies to support the decarbonisation of the energy sector. The company is working on the development of high-voltage direct current (HVDC) cables, which enable the transmission of renewable energy over long distances with minimal energy loss. HVDC cables are a key technology in the development of offshore wind farms, which are located far from shore and require long-distance transmission of energy.

In conclusion, Prysmian Group is a leading Italian company that operates in the Wire & Cable sector. The company has a strong focus on decarbonisation and renewable energy, and is committed to reducing its carbon footprint through various initiatives. Prysmian Group is actively involved in corporate energy and corporate PPAs, which enable the company to source renewable energy for its operations. The company is also involved in the development of new technologies to support the decarbonisation of the energy sector. Prysmian Group's commitment to sustainability and renewable energy makes it a leader in the Wire & Cable sector.