“Pirelli intends to contribute to the prosperity and growth of the communities it operates in by providing efficient and technologically advanced services. Pirelli endorses and, where appropriate, gives support to educational, cultural, and social initiatives for promoting personal development and improving living standards. Pirelli does not provide contributions, advantages, or other benefits to political parties or trade union organizations, or to their representatives or candidates, this without prejudice to its compliance with any relevant legislation.”
(Ethical Code – The Wider Community)
|Contributions and Donations||Initiatives in the World|
|BREAKDOWN OF OUTSIDE DONATIONS 2012-2014 (in thousands of euro)|
|Education and Research||810||819||1.050|
|Sports and Soldarity||1,264||799||704|
For the correct sizing and proportion of the expense in the various sectors of intervention it must be considered that the consolidated data are in euros even though the sums were mainly disbursed in the local currencies in the various different countries in which Pirelli works, many of which are emerging markets/developing economies. In particular, in the case of contributions in Training and Research and Sport and Solidarity, it should be noted that although the amount is lower than the Socio-cultural initiatives category, such contributions are used to finance a wide array of development projects in the recipient countries.