Reducing environmental impacts, sustainable management of the supply chain, attention to employee health and safety, capacity to attract and retain new talent and focus on product innovation. These are the key factors that led S&P Global to confirm Pirelli as the world leader in Sustainability in the Automobiles & Components sector on the Dow Jones Sustainability World and Europe indices. The group, headquartered in Milan, achieved a total score of 84 points compared with an average in the sector of 35.
This result, in such a complex global context, recognizes the work done until now and is an additional encouragement to invest in sustainability, consolidated as a key element in the group's future strategy. This all reflects the concrete actions taken by the group. These include, for example, the Stakeholder Dialogues on natural rubber; the constant reduction of the use of water and electricity in factories, the virtualization of the development of new products with a resulting savings in raw materials and costs; and the training activities organized for employees, from new hires to senior managers.
Marco Tronchetti Provera, Executive Vice Chairman and CEO of Pirelli, commented: “The confirmation of Pirelli's world leadership on the Dow Jones indices acknowledges once again the value of integrating sustainability into our company's development strategy. The constant commitment to improving economic, social and environmental performances along the whole value chain, are essential for our business model which aims to create value for all its Stakeholders.”
Launched in 1999, the Dow Jones sustainability indices of S&P Global are among the most significant stock market indices regarding sustainability at the world level. The annual analysis covers more than 7,300 companies – equal to about 95% of the capitalization of the global market – belonging to 61 industrial sectors through an integrated assessment of economic, environmental and social factors.