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Standard Ethics Upgraded the Rating of Pirelli

Standard Ethics Upgraded the Rating of Pirelli

London, 23th July 2015. Standard Ethics upgrades Pirelli’s Standard Ethics Rating from “EE-” to “EE”. Pirelli is a component of the Standard Ethics Italian Index.

Standard Ethics latest assessment confirms that Pirelli has voluntarily introduced significant improvements in its corporate governance and CSR policies, harmonising them to the main international indi-cations promoted by the EU, OECD and UN. Interesting changes have been also introduced in com-pany’s reporting methods (CSR and risks), in online communication, as well as in its corporate policies on sustainability.

Pirelli started an on-going improvement process in recent years and it is strongly committed to provid-ing independent external assessors/auditors all relevant information needed for its CSR and sustaina-bility assessment/evaluation/auditing. “

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Standard Ethics is an independent Sustainability rating agency based in London, UK

Standard Ethics aims to promote sustainability and governance standard principles emanating from the European Union, the OECD and the United Nations and introduce an institutional approach to CSR that is «norm-based». As a brand, Standard Ethics has been known since 2001 in the world of Sustainable Finance and ESG (Environmental, Social and Governance) studies.


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CNH INDUSTRIAL HONORS PIRELLI WITH THE “2015 SUSTAINABILITY SUPPLIER OF THE YEAR AWARD”

Pirelli recognized for projects in Brazil and Indonesia


Turin, July 2015 – CNH Industrial honored two Pirelli sustainability projects during the annual “CNH Industrial Global Supplier Advisory Council Meeting” held in Turin on 16 July.

Pirelli received one award for the “Biomass Boiler House” project in its plant in Campinas, Brazil. This involved the design of a boiler that combusts biomass instead of gas, therefore providing both environmental and financial benefits.

The Biomass Boiler House estimates a reduction in CO₂ emissions of 10,500 tons/year, with an energy savings resulting from fossil fuel of 52,500 MWh/year. As a result, Pirelli is looking to reproduce this technology in another Brazil plant.

The second Pirelli project awarded was for its “Natural Rubber Small Holder Partnership Program” in Indonesia thanks to Pirelli’s partnership with Kirana Megatara, the largest Indonesian producer of natural rubber. The project aims to help farmers improve their production and encourage its sustainability, as well as including a social component addressed at raising the quality of education for the farmers’ children.

Photograph participants from Left-Right: Marco Crola – Business OE and New Technologies of Pirelli – and Roberto Fernando Josè Ruoppolo – OE Latin America of Pirelli – receive the award from Sergio Carpentiere – Chief Purchasing Officer – Richard Tobin – CEO – and Osias Galantine – LATAM Purchasing


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FTSE4GOOD: PIRELLI 100/100 ESG RATING IS CONFIRMED

The FTSE4Good Semi-Annual June 2015 Review conducted by FTSE has reconfirmed Pirelli in the share indices for responsible investment of the London Stock Exchange FTSE4Good – Automobile & Parts – with a top ESG rating of 100 points out of 100 for the fourth year in a row.

The FTSE4Good Series is designed to help investors integrate environmental, social and governance (ESG) factors into their investments.

The indices identify companies that better manage ESG risks and are used as a basis for tracker funds, structured products and as a performance benchmark.

The ESG Ratings are used by investors who wish to incorporate ESG factors into their investment decision making processes, or as a framework for corporate engagement and stewardship.

For more information: www.ftse.com