YOU ARE IN : Pirelli confirms and improves its leadership in sustainability.
The ‘2010 Sustainability Yearbook’ not only places Pirelli as ‘Sector Leader’ and ‘Gold Class Company’ in the ‘Autoparts and Tyres’ sector for the third year in a row, but also awards the company, for the first time, the title of ‘Sector Mover’ thanks to further significant growth in terms of sustainable performance. Pirelli has thus obtained all three of the prestigious top titles, confirming its leadership in sustainability in its industry both at worldwide level and in Italy.
Edited by SAM Group, the Swiss Asset Manager responsible for the evaluations for admission to the Dow Jones sustainability indices, and by PriceWaterhouseCoopers, the ‘Sustainability Yearbook’ is considered the most complete and authoritative publication in the world on trends and corporate performance in terms of sustainability.
With world leaders for a sustainable environment
Pirelli Tyres and Parts has adhered to the Copenhagen Communiqué, the initiative promoted by the British organisation the Prince of Wales’s Corporate Leaders’ Group on Climate Change and supported by over 500 companies at a world level.
The objective of the commitment: develop new policies – in particular for the control of CO2 emissions – as a response to the urgency of the question of climate change.
The basic structure of the agreement envisages:
- a maximum limit of global emissions and a long term procedure for the reduction of all gas sourced emissions of greenhouse effect for the period 2013-2050.
- immediate commitment by the industrialised countries for the ‘de-carbonisation’ of the economy
- intervention by the developing countries to delineate a plan for the reduction of emissions.
To read the text of the Communiqué, download the pdf
The Copenhagen Communiqué will be presented at the next United Nations Conference on the climate due to take place from 7 December. Pirelli Tyre and Parts, together with ENEL and Telecom, is among the Italian signatories of the paper, a testimony to the Group’s commitment to a sustainable environment.
In 2007, Pirelli Tyre had already adhered to the Bali Communiqué on the occasion of the United Nations Conference there on climatic change, together with 150 other international companies, a document for concrete strategic development through joint intervention of governments for an exhaustive world agreement on the climate.
To know more: http://www.copenhagencommunique.com/
Pirelli Ambiente and Global Cleantech Capital (GCC) reached an agreement for acquisition by Pirelli Ambiente of the 50% stake owned by GCC in Solar Utility.
Pirelli Ambiente and Global Cleantech Capital (GCC) reached an agreement for acquisition by Pirelli Ambiente of the 50% stake owned by GCC in Solar Utility. Solar Utility was founded in 2007 as a 50/50 joint venture between Pirelli Ambiente and GCC, a private equity fund specialized in clean energy investments, in order to make joint investments in the photovoltaic sector. The transaction, worth approximately 8 million Euro, will increase Pirelli Ambiente’s stake to 100% of the company.
The purchase of the 50% stake not previously held by Pirelli Ambiente will allow it to pursue new growth Opportunities for Solar Utility, including through industrial partnerships like the one recently begun with Norwegian national energy utility Statkraft, as the first step to creating an important player in the renewable energy industry in Italy.