Pirelli is again confirmed, for the second consecutive year, as the only tyre company present in the ”Global Compact 100” sustainability index, launched last year by UN Global Compact in collaboration with Sustainalytics. The “Global Compact 100” index is composed of 100 companies chosen on the basis of their alignment with the ten principles that guide the UN Global Compact, their management’s commitment to sustainability issues and their level of profitability. These companies recorded a yield in one year – expressed in terms of Total Investment Return – 21.8% higher than the S&P global mid and large-cap index.
For the eighth consecutive year, Pirelli has been nominated the world leader in the ATX Auto Components sector of the Dow Jones Sustainability Indices, with a score of 85 points compared with a sector average of 48 points.
The results of the annual Dow Jones Sustainability Indices (DJSI) review were announced today by S&P Dow Jones Indices, one of the world’s largest providers of financial market indices, and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing. Launched in 1999, the DJSI were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide.
The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. The sustainable performance evaluation comprises the 2,500 companies with the largest free-float on the S & P Global Broad Market Index and 59 relative sectors in 47 countries.
The Corporate Sustainability Assessment provides an in-depth analysis of financially material economic, environmental and social practices, such as innovation or supply chain management, climate strategy and Stakeholder engagement and places a special focus on industry-specific risks and opportunities.
For the seventh consecutive year, Pirelli has been declared the ‘Auto Components’ sector leader in sustainability at a world level and a Gold Class Company in the prestigious 2014 Sustainability Yearbook published by RobecoSAM.
Their Sustainability Yearbook is one of the most complete and authoritative reference instruments for sustainability finance operators. It only includes the world’s top sustainability-scoring companies, amounting to 15% of those companies belonging to 59 industries assessed by RobecoSAM within the Dow Jones Sustainability Assessment.
The Sustainability Yearbook can be accessed here, on a dedicated microsite