The Board of Directors of Pirelli & C. S.p.A. reviewed and approved results for the 12 months which ended on December 31, 2017.
Pirelli achieved significant results in the environmental, social and economic context in 2017.
Compared with 2016, Pirelli registered a 4% reduction in the specific consumption of energy, a 14% diminution of water drawing, a more than 4% reduction in specific CO2 emissions, and a 5% increase in the use of electricity from renewable sources of the total used, which brings the weight of renewable to 43% compared with 38% in 2016. With regard to waste, 93% was sent for recovery, underlining the effectiveness of the move towards the goal of “zero waste to landfill”, that is all waste destined for recovery.
Of primary importance was the investment in the “culture of health and safety in the workplace” and in training, with the indicator of accident frequency falling by 18% in 2017 from 2016 and an investment in training that reached an average of 8 days per employee, thus exceeding for the fifth consecutive year the target of an average of 7 days per capita foreseen for years in the company’s Plans.
In 2017, further, Green Performance tyres accounted for 42% of total tyre sales (up from 40% in 2016).
With regard to the drafting of Pirelli’s policy for the sustainable management of natural rubber, in 2017 multi-stakeholder consultations were of particular importance. These included consultations with Pirelli’s main suppliers of natural rubber, international NGOs, rubber merchants and producers, automotive clients and multi-lateral international organizations.
This year, Pirelli received a Gold Class Award and achieved first place worldwide in the Auto Component industry in RobecomSAM’s 2018 Sustainability Yearbook, which saw the assessment of 2,479 companies from all over the world, obtaining a score of 83 points, compared to an average score of 42.
Every year since 2004, The Sustainability Yearbook has listed the world’s most sustainable companies in each industry as determined by their score in the Dow Jones Sustainability Index.
The assessment uses various criteria to rate companies, evaluating them based on their capacity to innovate, attract and cultivate talent, improve efficiency and interact with other industries, and also their transparency in finance, taxation and corporate governance, as well as on their social and environmental impact. These are only some of the criteria that RobecoSAM, the company which assess the annual Dow Jones Sustainability Index, takes into consideration when compiling its Sustainability Yearbook.
Aris Prepoudis, CEO of RobecoSAM enthusiastically stated: “I offer my warmest congratulations to Pirelli for being awarded a Gold Class medal in the 2018 Sustainability Yearbook. The companies included in the Yearbook are the most sustainable in the world and are helping to make the UN Sustainable Development Goals ever more achievable.”
INNOVATION, QUALITY, EFFICIENCY AND SUSTAINABILITY: THE KEY FACTORS BEHIND THE CHOICE OF THE WINNERS
SPECIALISTS IN LOGISTICS, CYBER SECURITY, MACHINERY, MOULDS, AND EVENTS ALSO REWARDED
Milan, September 8, 2017 – The quality of any product always begins with the choice and characteristics of its primary materials: all the more so when we are talking about a tyre made up of many different ingredients, all which have a crucial impact on safety and performance. This was the key consideration that guided Pirelli’s cross-departmental team when it came to deciding the winners of this year’s Supplier Awards. In this, the sixth year of the annual awards, it is the suppliers of primary materials who have been the most successful, scooping four prizes of the nine available. This emphasis is justified by the numbers: 46% of Pirelli’s total expenditure (equivalent to 1.54 billion euros in 2016) goes towards primary materials.
Handing out the prizes to the suppliers who have shone throughout last year, delivering on-time quality to the supply chain or end product, was Pirelli’s Executive Vice Chairman and CEO Marco Tronchetti Provera, as well as Pirelli’s Head of Purchasing Pier Luigi de Cancellis, in a ceremony that took place at the Italian firm’s headquarters in Milan. The recipients of the awards, as well as primary materials suppliers, included producers of machinery and moulds, cyber security experts, logistics firms, and event management companies. The winners came from three continents – Europe, Asia and America – and six countries (China, Italy, Germany, Japan, Romania, the United States, and Thailand).
These are the companies who won the 2017 Supplier Awards:
Jiangsu Xingda Steel Tyre Cord Co Ltd (China): one of the premier producers of metallic reinforcements; Cabot Corporation: an American group which is a leader in carbon black production; Zeon Corporation: a Japanese company that supplies synthetic rubber; Thai Eastern Innovation: an important producer and exporter of natural rubber headquartered in Chonburi; Karl Eugen Fischer GmbH: a German supplier of tyre production machinery; Himile Mechanical Science and Technology: the world’s most important producer and supplier of tyre moulds; Com Divers Logistic Srl (Romania): a key player in the logistics sector; Reply: an Italian firm specialising in cyber security and IT services, and finally Newtonlab: an events company from Italy.
De Cancellis commented: “Pirelli’s corporate strategy, focused principally on the top of the range, is shared with all our suppliers, whom we consider to be genuine partners working towards common goals in terms of innovation, transparency, quality, flexibility and sustainability. To maintain the high standards that have always characterised our brand, it’s essential for us to have primary materials, services, and production systems that are at the very highest level, while complying with the stringent sustainability regulations we have set ourselves. With these objectives always in mind, Pirelli is constantly looking all over the world for the very best suppliers, which are continually verified.”
Pirelli’s purchasing department is made up of around 175 worldwide specialists. They manage more than 9500 global suppliers who are specially selected according to criteria such as capacity for innovation, quality of goods and services, sustainability, and efficiency within the supply chain. Pirelli’s constant analysis does not just stop at the suppliers themselves but also considers the suppliers of the suppliers.