MAIN PERFORMANCE INDICATORS
1. EU Regulation 2020/852
2. Data reporting started in 2021
3. With reference to the Group's employees, the Pay Gap value is in favor of women.
4. Lost Time Injury Frequency Rate (LTIFR): Since 2023, the representation method has been changed (/1,000,000 hours worked instead of 100,000). If the index were calculated based on 200,000 hours worked, the 2024 value would be 0.28, ~0.2 in 2025, and <0.2 in 2030
5. Purchased from the electrical grid.
6. Included Scope 3 categories: 1 – purchased goods and services; 3 – fuel and energy not included in Scope 1 and 2; 4 – upstream transportation and distribution.
7. Value influenced by the context of the Covid-19 pandemic.
8. Percentage of the volume of passenger car tires sold with rolling resistance and wet grip belonging to classes A+B.
9. Pirelli product available on the market with the highest content of natural (bio-based) and recycled materials in the reference year
2024 ACHIEVEMENTS
Acceleration of the decarbonization pathway of the value chain
- Validation by the Science Based Targets initiative of the «Net Zero» target by 20401, the most challenging among tire makers
- 96% of the electricity purchased from the grid is certified as coming from renewable sources.
Progression of the Product Sustainability roadmap.
- Increased to 34.5% The share of tires placed on the market in line with the highest classes (A or B) of the European labeling for rolling resistance and wet braking
Commitment to Research & Development on innovative, natural, and recycled materials
- P Zero E tyre: content of natural or recycled materials at 58.5%, in the size 255/50R20
- Introduction of tires with FSC™ natural rubber in the Formula 1® championship, starting from the first GP of 2024 and debut of FSC™ certification in the cycling world with the new Pirelli P Zero Race RS2
Proactive commitment to biodiversity protection
- Biodiversity Action Plans: coverage of 55% of Pirelli's production sites and test tracks, in line with the target of 100% by 2025
- For 100% of new products, biodiversity has been integrated into the life cycle impact assessment (LCA-Life cycle assessment).
1. Reduction of Scope 1, 2, and 3 emissions along the entire value chain by at least 90% compared to 2018.
2. Natural rubber represents the following percentage of the total tire weight: approximately 15% in Formula 1 tires; approximately 23% in P Zero Race RS tires
SUSTAINABILITY TARGETS AT 2025-2030
On March 6, 2024 - The Board of Directors of Pirelli & C. approved the update of the Industrial Plan to 2024-2025 and the related sustainability strategy to 2025, 2030 and 2040, developed in continuity with the sustainable transition process and in support of the United Nations 2030 goals.
The Plan considers the material impacts of the Company and aims to capture growth opportunities arising from global scenarios including, but not limited to, the growth in demand for Sustainable Mobility, evolving social factors, and key regulations that will impact the horizon of the plan.
Our goals are based on four main pillars:
- Climate: acceleration toward net zero
- Product: pioneering approach to sustainability in High Value tires
- Nature: redefining interactions between business and natural capital
- People: the heart of our growth
1. EU Regulation 2020/852
2. Data reporting started in 2021
