The ASPI Eurozone® sustainability indexes
Pirelli has been included in the ASPI Eurozone® index since the beginning of 2005.
The
ASPI Eurozone® (Advanced Sustainable Performance Indices) since 2001 track the financial performance of 120 leading Eurozone sustainability performers (from the DJ EURO STOXX SM benchmark financial universe).
ASPI utilise the
Vigeo rating agency assessment system, thus companies are selected for inclusion in the ASPI Eurozone® and other ASPI indices on the basis of their corporate sustainability performance as assessed and rated by Vigeo.
Vigeo assesses and rates company performance on 5 widely accepted stakeholder themes (the Vigeo criteria), namely:
- Community and international civil society;
- Corporate governance;
- Customers and suppliers;
- Health, safety and the environment;
- Human resources and international labour standards.
In an important Vigeo assessment, whose results were published in Italy in September 2008, the Company was recognised as a leader in its sector for its policies and practises, especially in the fields of "Human Rights," "Environment," and "Customers and Vendors" (which the Vigeo model considers to be some the areas with the greatest risks/opportunities), for which Pirelli received the highest score. Its score for human rights was far higher than the sector average. Vigeo has also given Pirelli high marks in the environment category, reflecting the Group’s environmental management systems. Appreciation was also expressed for the Group's equal opportunities and product safety policies and transparency in regard to Board of Directors compensation.