Sustainability Plan 2017-2020 with selected target to 2025

    Integrating the Group’s Industrial Plan and in line with the company’s evolution, at the end of 2017 Pirelli approved the new Sustainability Plan “2017-2020 with selected target for 2025.” The plan was illustrated to the financial community by the CEO of Pirelli & C., Marco Tronchetti Provera, in February 2018.

    The 2017-2020 plan with selected target for 2025 substitutes the 2013-2017 Plan with selected target for 2020, representing its strategic evolution. Developed and drafted following the UN PRI and Global Compact “Value Driver Model”, the Sustainability Plan integrates the Group’s Industrial Plan, in line with High Value development strategy.

    The Plan’s targets are related to 12 United Nation’s Sustainable Development Goals (SDGs).


    See the Plan
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    Pirelli Value Driver Model

    The Pirelli model is inspired by the Value Driver Framework of the UN-PRI (United Nations - Principles for Responsible Investment) and UN Global Compact, aimed at supporting dialogue between investors and issuers on ESG themes. The model allows the Company to describe the connection between return on capital and the following three metrics: revenue growth, cost savings/avoidance and risk reduction.

    How the Sustainability Plan integrates the Group’s Industrial Plan

    The Sustainability Plan 2017-2020 with selected target to 2025 integrates, supports and protects the targets and values of the Group Industrial Plan.

    CONNECTING THE SDGS TO PIRELLI’S TARGETS

    The sustainability Plan directly impacts on different United Nations Sustainable Development Goals (SDGs). To know more, please click on the SDGs below:
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    • 3 Good Health and
      Well-being
      • Accident Frequency Index: -87% by 2020 compared to 2009
      • Green Performance Revenues: >50% of total revenues and >65% on High Value Product Revenues by 2020 compared to 2009
      • Improvement of product performances in 2020:
        • Car products: -20% average rolling resistance, +15% performance on wet surfaces, -15% noise (vs 2009)
        • Moto products: -10% average rolling resistance, +40% performance on wet surfaces, +30% for mileage (vs 2009)
        • Velo: +5% braking performance, +10% performance on wet surfaces (vs 2017)
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    • 4 Quality Education

      Employee Training: investment in employee training of at least an average of 7 man days

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    • 6 Clean Water and Sanitation

      Specific withdrawal of water -66% by 2020 compared to 2009

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    • 7 Affordable and Clean Energy

      Specific Energy Consumption: -19% by 2020 compared to 2009

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    • 9 Industry, Innovation and Infrastructure

      For specific product segments it is foreseen, by 2025 and compared with 2017, the doubling of the weight of renewable materials used and the reduction by 30% of raw materials derived from fossils

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    • 11 Sustainable Cities and Communities
      • Specific CO2 Emissions: -17% in 2020 compared to 2009
      • Improvement of product performances in 2020:
        • Car products: -20% average rolling resistance, +15% performance on wet surfaces, -15% noise (vs 2009)
        • Moto products: -10% average rolling resistance, +40% performance on wet surfaces, +30% for mileage (vs 2009)
        • Velo: +5% braking performance, +10% performance on wet surfaces (vs 2017)
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    • 12 Responsible Consumption and Production
      • Specific Energy Consumption: -19% by 2020 compared to 2009
      • Specific CO2 Emissions: -17% in 2020 compared to 2009
      • Water Specific Withdrawal: -66% by 2020 compared to 2009
      • Waste Recovery: >95% by 2020
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    • 13 Climate Action
      • Specific Energy Consumption: -19% by 2020 compared to 2009
      • Specific CO2 Emissions: -17% in 2020 compared to 2009
      • Green Performance Revenues: >50% of total revenues and >65% on High Value Product Revenues by 2020 compared to 2009
      • Improvement of product performances in 2020:
        • Car products: -20% average rolling resistance, +15% performance on wet surfaces, -15% noise (vs 2009)
        • Moto products: -10% average rolling resistance, +40% performance on wet surfaces, +30% for mileage (vs 2009)
        • Velo: +5% braking performance, +10% performance on wet surfaces (vs 2017)
    In terms of sustainable management model and performances, Pirelli impacts on all the 17 SDGs. To know more please see the SDGs Summary Table on the Annual Report 2018.

    Last Revised: 5 Jul 2018