Pirelli - Reducing climate impact

Sustainability > Our Commitment > Reducing climate impact

Pirelli has set externally validated, science-based carbon-reduction targets throughout the value chain, from design to materials, from process to product, consistent with the actions needed to keep global warming within 1.5 degrees Centigrade.

The targets approved by SBTi in August 2024 are:

- Near-Term Target: 80% Scope 1 and 2 emissions reduction by 2030 (compared to 2018) and 30% upstream Scope 3 emissions reduction within the same timeframe.

- Net-Zero Target: achievement of Net-Zero emissions across the entire value chain by 2040, by reducing absolute Scope 1, 2, and 3 by 90% from the 2018 baseline.

On top of reaching -80% on scope 1+2, Pirelli will compensate remaining emissions to become CARBON NEUTRAL by 2030 (according to ISO 14068).

-57% in 2024 (vs 2018)

CO₂ emissions
from manufacturing (Scope 1+2)

(-80% at 2030 vs 2018)

Since 2018, we have cut our manufacturing emissions (Scope 1+2) by 57%, boosted by moving to 100 per cent of purchased electricity coming from renewable sources by 2025.

-26% in 2024 (vs 2018)

CO₂ reduction
from supply chain (Scope 3)

(-30% at 2030 vs 2018)

96% in 2024

Electricity purchased from the grid from renewable sources

(100% by 2025)

OUR DECARBONIZATION PLAN

New Targets approved by SBTi¹ are:

2030 Near-Term target on Scope 1+2 emission with strong emission abatment and defined accordingly to ISO 14068

2040 NET ZERO on Scope 1+2+3 emission, aligned to the Paris agreement (1,5°C patway)

Notes In Depth