The goal is to reduce greenhouse gas emissions to levels consistent with the actions needed to keep climate warming well below 2°C, thanks also to the targets of the Industrial and Sustainability Plan with targets for 2022, 2025 and 2030, which aim for group Carbon Neutrality by 2030, underpinned by the use of 100% renewable electric energy by 2025. On the path of this ambitious commitment, the Science Based Targets Initiative (SBTi), an international initiative born of the cooperation between CDP (former Carbon Disclosure Project), United Nations Global Compact, World Resources Institute (WRI) and World Wildlife Fund for Nature (WWF), has certified Pirelli’s sustainability goals linked to the reduction of CO2 emissions.
In detail, the SBTi has validated Pirelli’s goal of reducing by 25% its absolute direct and indirect carbon emissions by 2025 compared with 2015 and cutting by 9% the absolute CO2 emissions linked to the acquisition of raw materials by 2025 compared with 2018.
SBTi was created to help guide companies in the definition of ambitious targets to mitigate climate change to ensure that its own Climate Action is aligned with scientific targets.
Marco Tronchetti Provera, the Executive Vice Chairman and CEO noted: "The validation of our targets for the reduction of CO2 emissions by the Science Based Targets Initiative is an important acknowledgement of the course undertaken by Pirelli to achieve its goal of total Carbon Neutrality. Our commitment to sustainable development and the fight against climate change is constant and sees us at work every day, through our Research & Development, to identify innovative materials and adopt ever more sustainable processes and products, that can contribute to the safeguarding of the planet."