Pirelli for the 10th year in the Financial Times sustainability indices
Pirelli has been reconfirmed by the Financial Times share indices – FTSE4Good – FTSE Global and FTSE4Good Europe – for socially responsible investment for the 10th consecutive year.
In the six-monthly revision of the indices, which measure companies’ performance in terms of respect for the international standards of responsibility, business, social and environmental matters, we are the only Italian company in the Automobile&Parts sector.
In addition, for the first time the FTSE Group has styled an overall rating for the 2,400 companies included in the index and has attributed 97 points to Pirelli on a scale of 1 to 100.
The evaluation of the analysts includes the sustainable management of the supply chain, protection of human rights and work, corporate governance and regulations for ethical conduct of the business, management of environmental impact and relations with stakeholders.
Sixty-three new companies have joined the FTSE4Good indices, while seven have been excluded for having violated the criteria of standards relative to corruption, human rights and those of workers, the environment and arms production. No companies were excluded from the Automobile&Parts sector, although there has been a new admission, South Korea’s Halla Climate Control.
The Italian companies listed in the FTSE4Good indices today number 14: Pirelli & Co., A2A, Assicurazioni Generali, Banca Intesa Sanpaolo, Banca Monte Paschi di Siena, ENEL, ENI, Lottomatica, Saipem, SNAM Rete Gas, Telecom Italia, Tenaris, Terna and UniCredito Italiano.
Categories: Sustainability