Recently, Pirelli reconfirmed in first place at the global level in the Auto Components and Automobiles sectors of the Dow Jones Sustainability World and Europe indices.
Pirelli, the only tyre company included in both the World and Europe indices, obtained a score of 84 points in the context of the 2024 S&P Corporate Sustainability Assessment, the highest in both the Auto Components and Automobiles sectors, significantly higher that the component and auto sector averages of 29 points and 35 points respectively.
Pirelli earned top scores in several areas, including Business Ethics, attention to Human Rights, Programs and Policies for health and safety in the workplace, ESG management and classification of the supply chain. It also received top scores for activities that are part of the company's path towards the ambitious goal of Net Zero by 2040 (validated by SBTi), that is for low-carbon Products, Management of climate change, the environment and biodiversity.
Marco Tronchetti Provera, Executive Vice Chairman of Pirelli, commented: "The confirmation of Pirelli in the Dow Jones Sustainability indices again this year, with the best results in the sector at the global level, highlights the solidity of our sustainable development strategy. Ours is a continuous, day-by-day effort, based on actions that are concrete and measurable, to reach the challenging goals we have set which include the entire value chain."
Launched in 1999, the Dow Jones Sustainability Indices of S&P Global are among the most important indicators of sustainability at the global level. The annual analysis covers 62 sectors and extends to more than 13,500 companies.
With over 40 years of experience in the premium segment, Pirelli is a company focused on the consumer market, with a particular focus on the high-value tire market, and is constantly committed to developing innovative products to meet the changing needs of consumers.
In 2022, Pirelli's investment in R&D accounted for more than 5% of its high-value product revenue, making it one of the companies with the highest R&D investment among the world's major tire manufacturers.
Pirelli is not only committed to R&D innovation, but also insists on achieving operational excellence throughout the entire value chain. The company has 18 factories in 12 countries, with a production capacity of 74 million automobile tires in 2022. The company's sales network covers more than 160 countries and has approximately 20,000 sales points. This extensive and growing network enables Pirelli to be closer to its customers and meet the needs of the global market.
Pirelli's achievements reflect its leadership in the tire industry and demonstrate the company's continued commitment to innovation, sustainable development and customer service. In the future, Pirelli will continue to promote the development of the industry and provide higher quality and more sustainable tire products and services to global customers.
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