Sustainability Channel

Pirelli wins BMW innovation award

PIRELLI rewarded by BMW as most innovative supplier in the “quality” category

Pirelli has been presented with the 2014 BMW Supplier Innovation Award, a prize that the German manufacturer gives to its most innovative suppliers every year. The Italian tyre firm was awarded the ‘best innovation in quality’ prize at a ceremony held yesterday in Amsterdam, for its Real Dynamic Curing technology: used in the tyre vulcanisation process. This technology, adopted by Pirelli throughout its factories, allows the optimal degree of vulcanisation to be calculated for each tyre via the use of a thermal sensor. Vulcanisation, or in other words the process in which a tyre’s characteristics are ‘set’ by heat, is the final phase in the tyre production process and a determining factor in the quality of the finished product.

The prize was collected Pirelli’s General Manager Technology, Maurizio Boiocchi.

Pirelli is also one of the key suppliers to BMW worldwide also in terms of the amount of product provided. Thanks to research centres and production facilities located in areas where premium and top of the range cars are frequently sold, including Brazil, China, Europe and the USA, Pirelli is able to develop tyres that are perfectly suited to BMW models in every corner of the world.

In particular, Pirelli produces made to measure run-flat tyres in close collaboration with BMW’s engineers, specifically designed for each model. These tyres can be distinguished by a special star marking on the sidewall, which indicates that the tyres have been made especially. As a result, safety is improved and the driveability of the vehicle is maximised.

Pirelli has more than 200 homologations for the BMW Group, in sizes from 16 to 21 inches. The long list of models equippped with Pirelli tyres include SUVs such as the X1, X3, X5 and X6 as well as the 1 Series, 2 Series, 2 Series Active Tourer, 3 Series, 3 Series GT, 4 Series, 5 Series, 6 Series Gran Coupé, and 7 Series. Also included is the MINI Paceman and Countryman.

PIRELLI: RE-CONFIRMED AS THE ONLY TYRE COMPANY IN THE GLOBAL COMPACT 100 SUSTAINABILITY INDEX

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.

PIRELLI IS THE WORLD TYRE SECTOR LEADER IN THE DOW JONES SUSTAINABILITY INDEX FOR THE 8TH YEAR

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.