Pirelli leads on environmental strategy in Italy

Milan, Italy -  Pirelli has been recognised as a leader on the “Climate Disclosure Leadership Index Italy 2014” (CDLI), an index which evaluates the completeness of a company’s strategy against climate change and the transparency of its communication to stakeholders.

Pirelli scored 99/100: recognising its integration of environmental sustainability targets for both products and processes into the group’s industrial plan. Pirelli aims to reduce rolling resistance by 40 percent for its car tires, by 20 percent in the truck segment and by 10 percent in motorcycles by 2020 compared with 2007.

By the same deadline, 2020, Pirelli plans to reduce specific CO2 emissions by 15% and the specific consumption of energy in its factories by 18% compared with 2009.

Pirelli’s main global commitments in the area of Climate Change includes CDP Supply Chain, a programme that in 2014 involved over 120 strategic suppliers in the quantification of benefits in financial, reputational and risk management terms stemming from the correct management of its CO2 emissions.

Pirelli has further underwritten, in the context of the Prince of Wales’s Corporate Leaders Group, the “Trillion Ton Communiqué” – a programme-document for the reduction of global emissions with the aim of keeping the earth’s temperature rise within a 2° C limit.

Pirelli also subscribed to “Road to Paris 2015”, an international initiative which aims to promote the cooperation between the public and private sectors in order to find shared solutions and policies to deal with climate change.