Pirelli tops Dow Jones auto supplier sustainability charts

Milan, Italy – Pirelli & C. SpA has achieved a ‘leading’ spot in the automobiles & components sector on the Dow Jones Sustainability World and Europe indices, the company announced 14 Nov. 

Following an annual review of the indices by S&P Global, the Milan-headquartered tire maker said it earned a total score of 84 points, compared with an average for the sector of 35. 

“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,” said Marco Tronchetti Provera, executive vice chairman and CEO of Pirelli.

The company, he said, was committed to “improving economic, social and environmental performances along the whole value chain.”

The strategy, according to Tronchetti Provera, takes into account various aspects such as the selection of suppliers, workplace health and safety, as well as the sustainability of new products.

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 and about 95% of the capitalisation of the global market.