Sustainability in Pirelli's history
With more than 140 years of industrial tradition and manufacturing experience with the most advanced technologies on an international scale, Pirelli has made a considerable contribution - within the bounds of its abilities and business responsibilities - to the development of products, technologies and management instruments that promote sustainable industrial development, while always pro-actively interacting with the socio-cultural context in which it operated.
Proud of the results achieved so far, Pirelli wishes to respond promptly to the increasing need of communication and discloses the information regarding its sustainability commitment and the company's results in terms of sustainable performance, in light of the ever-growing attention paid by investors to socially responsible companies.
Pirelli launches its first Sustainability Report. The description of its sustainability performance is an integral part of the Annual report and Financial Statements at 31 December 2005.
The decision to include a chapter on sustainability in the financial report – explained Pirelli Chairman Marco Tronchetti Provera, in the Letter to Shareholders that accompanied the Report – is an indication of its priority and, at the same time, is an encouragement to work with the satisfaction of all the Group's stakeholders as the requisite for healthy and long lasting growth". The Report was drawn up using Triple Bottom Line criteria, reference elements to correctly integrate the economic, environmental and social dimensions.
The Group Declaration on Equal Opportunitiescommunicated to all employees by Chairman Marco Tronchetti Provera, is a further sign of Pirelli's commitment to Equal Opportunities in the workplace.
The Group draws up the Working Regulations for CSR: this is the start of the CSR organisational structure, which is composed of a Group HSE & CSR Director, a Group CSR Manager, Sector CSR Managers (one per sector), and Company CSR Managers (one for each affiliated company). Pirelli confirms the results of the Dow Jones Sustainability World Index, the FTSE4Good Sustainability Indexes and the Axia Ethical Index.
The Pirelli Group enters the Dow Jones STOXX Sustainability Index for the first time.