Reduction of greenhouse gas emissions and climate risks, development of an economy based on low carbon emissions, provision of full and transparent information, and the adoption of best practices associated with environmental impacts. These are the factors that led the CDP (formerly the Carbon Disclosure Project) to confirm Pirelli's position, also in 2020, among the global leaders in the fight against climate change by including it in the Climate A List which brings together the few companies, among the thousands of participants, with the highest scores.
“The recognition of the CDP confirms once again our commitment to sustainable development through the fight against climate change. It's what we try to do every day through our Research, developing processes and products that are always more sustainable, safer and better performing”, said Marco Tronchetti Provera Executive Vice Chairman and CEO of Pirelli.
The CDP is an international non-profit organization which gathers, disseminates and promotes information on environmental issues whose goal is to guide companies and governments to reduce hothouse gas emissions, protect water resources and forests, gathers data related to environmental impacts, risks and opportunities, for an evaluation independent of the methodology with which scores are calculated.
The CDP, In 2020, over 515 investors, with assets of over 106 trillion dollars, and 150 large-scale buyers, with a buying power of 4 trillion dollars, called on companies to share these data through the CDP platform and over 9,600 companies responded.
The recognition from CDP confirms Pirelli's constant commitment to questions of Sustainability, an area in which the company already boasts a number of achievements. They include world leadership in the Automobiles & Components sector on the Dow Jones World and Europe indices and the validation of targets for the reduction of CO2 emissions by the Science Based Targets initiative (SBTi). This one, in particular, is significant recognition that testifies the Pirelli's commitment to achieving group Carbon Neutrality by 2030, underpinned by its goal of using 100% renewable electric energy by 2025.