Sustainable Governance

For Pirelli, sustainable governance means integrating sustainability with the various different aspects and precincts of company management. Among other things, this translates into the mapping, control and sustainable management of all risks associated with the company’s activities.

Guiding principles – Mission

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Over its 135 history that has seen changes in businesses, markets, people, and political, economic and social contexts, Pirelli’s corporate identity has not changed. This identity is built around innovation, pursuit of excellence, internationalisation and social responsibility, and forms the basis for our company mission: the sustainable growth and creation of value. Indeed, the Group Mission states that: “…We attach the utmost importance to continuous improvement and to the environmental and social impact of our processes and products. Our conduct is dictated by an Ethical Code applied consistently and responsibly by all the Group’s employees and collaborators the world over…”.

Guiding principles - Vision

Pirelli prefaces its Policy “Health, Safety, Environment and Social Responsibility” as follows:

“Pirelli Group supports and respects the protection of internationally proclaimed human rights, is committed to implementing the ethical code approved by the Board and is engaged in continuous improvement of social, ethical, health and safety and environmental aspects. Pirelli considers the protection of the integrity, health and welfare of its employees and of the environment as one of the primary needs that is to be respected in organising its activities. Pirelli adheres to the principle of ‘Sustainable Development’ and undertakes to put it into practice”.

Guiding principles – Model

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The United Nations Global Compact is a voluntary initiative, proposed on 31 January 1999 at Davos by the then Secretary General, Kofi Annan, in an appeal to the World Economic Forum.

Specifically, the Global Compact asks businesses to implement and support, within their sphere of influence, ten basic principles in the areas of human rights, labour standards, the environment and anti-corruption. These involve universally shared values as they originate from the Universal Declaration of Human Rights, the Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development and the United Nations Convention against Corruption.

In October 2004, in a letter addressed to the Secretary General, Kofi Annan, Pirelli Group formally declared its adherence to the Global Compact and its commitment to observe and support its Ten Principles.