Sustainability Channel

Sustainability Channel is the communication channel towards our stakeholders interested in Sustainable approach to the business.

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This is the outcome of the 2009 review by the SAM Group of the Dow Jones sustainability indices, in which Pirelli continues to be included both in the DJSI WORLD index and in the European DJSI STOXX index.

Within its segment, the Bicocca Group – the only Italian group that has achieved worldwide leadership – obtained a global rating of 88% (+ 11% with respect to 2008) compared with a segment average of 48%.

Exactly as in previous years, for the Autoparts & Tyres segment, only 4 companies were featured in the DJSI World index: Pirelli & C, Denso Corp, Michelin, and Johnson Control Inc., while only two are included in the DJSI STOXX: Pirelli and Michelin.

SAM (Sustainable Asset Management) is the Swiss ethical rating agency that carries out the process of selection of companies for admission to the Dow Jones Sustainability Index, a global index that brings together the best companies in the field of economic, financial, environmental and social sustainability, the result of collaboration between the Dow Jones New York stock exchange index, STOXX Ltd. and the SAM Group. Pirelli was selected and added to the Dow Jones Sustainability STOXX (DJSI STOXX) index for the first time in 2002 and has been included for years now also in the global Dow Jones Sustainability World Index

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The Board of Directors of Pirelli & C. SPA approves financial statements as of 30 June 2009:

  • second quarter operating results improved over the first quarter;
  • operating trend in line with overall targets of 2009-2011 industrial plan;
  • target for financial position improves: net debt forecast for year end at approximately 800 mil lion euros;
  • new model of risk monitoring and management introduced: broadens functions and number of components of internal control and Corporate Governance committee; compliance function introduced, separate from internal audit function; risk officer instated.

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ERTma logoWe live in extraordinary times which require extraordinary responses; a combination of economic, social, technological changes will have to be implemented towards generating newer and greater opportunities“. With these words Mr Francesco Gori, President of ETRMA and CEO of Pirelli Tyre and Ms Fazilet Cinaralp, Secretary General of ETRMA, introduce the ETRMA Annual Report 2008-2009.

While celebrating 50 years of industry contribution to building a European policy framework which benefits consumers and promotes competitiveness, the Report communicates European Tyre & Rubber manufacturers’ commitment towards a sustainable EU policy framework and economic recovery, clearly sating ETRMA strategies for:

  • Contributing to reduction of CO2 emissions
  • Developing strategies for promoting environmental protection
  • Promoting industry competitiveness on the global market
    ETRMA represents the tyre and rubber manufacturing industry at the European Union institutions and other international organisations in initiatives aimed at road safety, environmental protection and competitiveness.

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