13 March 2013 – 9:00 PDT – 12:00 EDT – 16:00 GMT – 17:00 CET
On 13 March 2013, Pirelli will host its ESG Investor Briefing, as part of a joint PRI-UN Global Compact initiative designed to improve company-investor communications on ESG information, following the model of traditional financial quarterly calls.
During the 1-hour webcast conference call Mr. Marco Tronchetti Provera, Chairman and CEO, and Mr. Maurizio Sala, Head of Planning & Control Department and Filippo Bettini, Head of Sustainability & Risk Governance will present the company’s ESG value drivers using a framework developed in collaboration with Global Compact LEAD companies and PRI investors, followed by a 30 minutes Q&A session for participating investors.
The Pirelli ESG Investor Briefing is a part of a series of 10-15 pilot presentations by Global Compact companies in 2012-2013 designed to test and refine the ESG Investor Briefing concept and develop a framework complementary to sustainability reporting for corporate communication with the investor community on strategic ESG risks and opportunities.
If you are interested in participating in Pirelli’s ESG Investor Briefing, and you are a a PRI signatory, you can directly register here. If you are not a PRI signatory, please contact Danielle Chesebrough, Manager of Investor Engagements with the UN Global Compact at Danielle.Chesebrough@unpri.org, who will register you and provide you with a link for the webinar and dial-in details.
Pirelli is once again confirmed as the only Italian company in the Automobile&Parts sector to be included in the FTSE4Good Index.
The six monthly revision conducted by the independent agency EIRIS has reconfirmed Pirelli in the share indices for responsible investment of the London Stock Exchange FTSE4Good (FTSE Global and FTSE4Good Europe) with a score of 100 points out of 100, a further increase on the 99 points of March 2012 and the 98 of September 2011. Pirelli, which has been part of the FTSE4Good indices since 2002, has also been reconfirmed as the only Italian company in the Automobile&Parts sector to be included in the indices.
The FTSE4Good indices only include those companies which, on the basis of an independent evaluation conducted by the British agency EIRIS, respond to the stringent criteria of sustainable economic, social and environmental performance.
As well as other company characteristics, the evaluation includes the sustainable management of the supply chain, the regulations and instruments adopted for corporate governance, environmental management and performance as well as the policies put into effect and results achieved in the area of relations with each of its stakeholders.
THE BRAZILIAN PLANT ALREADY AWARDED BY FIESP (SAN PAOLO INDUSTRIALISTS’ FEDERATION) FOR THE TOTAL RE-USAGE OF INDUSTRIAL PROCESS WATER
During the RIO+20 United Nations International Conference for Sustainable Development, Pirelli presented a number of projects which will be implemented in Brazil in cooperation with the Italian Ministry for the Environment and Tutelage of Land and Sea together with the Brazilian state of San Paolo, to analyze and reduce the climate impact resulting from car tyre production at its Campinas plant. The projects were presented by Pirelli’s Director of Sustainability and Risk Governance Filippo Bettini as one of the initiatives at the Italian pavilion during the Rio+20 Conference and in the presence of the Italian Minister Corrado Clini and the Chairman of Pirelli Brasile Paolo Dal Pino.
The projects are part of a number of commitments taken by the company during its “Sustainability Day”, which took place at the company’s Milan headquarters on 23 January 2012, and underline, in line with the sustainability targets of the 2012-2014 Industrial Plan presented in London last November, the company’s commitment to the realization of a sustainable and efficient growth model.
As a part of the projects presented today, Pirelli has committed to calculating, using internationally recognized calculation methods, the carbon footprint relative to the entire life cycle of one its tyres representing the production at its Campinas car tyre plant, in the Brazilian state of San Paolo. This study will also include the identification of the most economically sustainable and efficient interventions for the reduction of global warming gases linked to the tyre’s life cycle.
In March 2012, Pirelli’s Campinas plant, which covers an area of 120,000 square metres and employs over 2,000 people, received an award from FIESP (San Paolo’s Industrialists’ Association) for its project for the total re-utilization of water used in tyre production.
The carbon footprint will also be calculated for the bio-silica of the rice husk which is processed at Pirelli’s plant in the city of Meleiro, in the Brazilian state of Santa Catarina. This process developed by Pirelli, both innovative and eco-compatible, uses the left-overs of rice processing to produce the first essential material for tyre compounds, as a substitute for the silica produced by conventional methods, which today has a greater environmental impact. A further project presented today entails the technical and economic analysis for the integration of solar thermal technology into some phases of the tyre production process, in place of fossil fuels.
In 2011, the various actions taken by Pirelli to reduce its environmental impact enabled the group to reduce both its specific consumption of energy and its specific CO2 emissions by 8% from 2009, with 28% lower specific drawing of water. Pirelli is also actively committed to the management of the collection chain and the devising of new collection methods for the recovery of tyres no longer in use (PFU). In Brazil, through the sector association ANIP, the company is a participant in the Riciclanip Consortium which in 2011 collected around 320,000 tons of used tyres.
With over 80 years’ presence in Brazil, Pirelli today has five factories for the production of tyres there: Gravataí (RS), Campinas (SP), Santo André (SP), Sumaré (SP) and Feira de Santana (BA). In total, the company employs about 9,000 people in these plants.
By 2015, the sustainability targets call for a reduction of both specific energy consumption and specific CO2 emissions of 15% and a reduction of 70% in the specific drawing of water compared with 2009.