Suppliers

“Suppliers and outside workers play a key role in improving the competitiveness of the business. While seeking the keenest competitive edge, the Group bases it relations with suppliers and outside workers on fairness, impartiality, and ensuring equal opportunities for all parties concerned. The Pirelli Group requires that its suppliers and outside workers comply with the principles and rules in this Code.”
(Ethical Code – Suppliers and Outside Workers).

The following graphics show the value of Pirelli Tyre purchases and percentage of suppliers broken down by geographical area. This information shows that the value of purchases in OECD countries is about the same as the value of purchases in non-OECD countries, but the number of suppliers in OECD countries is significantly higher. It should be pointed out that 76% (suppliers of raw materials not included) of suppliers are located in the same area as the supplied Pirelli affiliates, in accordance with the Local for Local procurement policy.:

The following table, which shows the percentage value of Pirelli Tyre purchases by type, shows that raw materials remain the most important purchasing category, accounting for 58.5% of the total, while maintaining the growth trend of the previous years due to price increases. The total spent on “Capital goods” has also increased, being closely tied to the increase in industrial capacity during the period.