Pirelli Confirmed By S&P Global As ‘Gold Class’ In Sustainability

Pirelli Earns S&P Global Sustainability Gold Class Rank

The tiremaker is the only company in the auto components sector to rank.

Pirelli was once again confirmed to the Gold Class in the Sustainability Yearbook 2021, published by S&P Global. The ranking takes into consideration the sustainability profiles of more than 7,000 companies.  

Pirelli was the only company of the auto components sector, worldwide, to obtain the “Gold Class Distinction.” The rankings are prepared each year based on the SAM Corporate Sustainability Assessment for the S&P Global Dow Jones Sustainability indices. In 2020, as already announced, Pirelli was confirmed world sector leader with a total score of 84 points compared with a sector average of 35.

Marco Tronchetti Provera, executive vice chairman and CEO of Pirelli, commented, “Pirelli’s confirmation as Gold Class in the Sustainability Yearbook 2021 underscores the central place occupied by sustainability in our company strategy and Pirelli’s ability to integrate a responsible approach into all its business activities creating value for stakeholders.”

Manjit Jus, global head of ESG Research, S&P Global, stated, “We congratulate Pirelli on its Gold Award in The Sustainability Yearbook 2021, which showcases the best performing companies among industry peers and in terms of financially material ESG metrics. With over 7,000 companies assessed, an inclusion in the yearbook is a true statement of corporate sustainability excellence.”

You May Also Like

Nexen Tire Announces Partnership with Manchester City

In addition to Nexen Tire branded Manchester City uniforms, the partnership also includes company branding at each venue.

Manchester-United-Nexen

 Nexen Tire America, Inc. announced its partnership with the City USA Tour 2024. The tour, consisting of four pre-season matches, gives U.S. soccer fans the chance to see the Manchester City FC compete live against top European football clubs at iconic venues across the country. Nexen Tire said it has been a proud supporter of the Manchester City football club for several years, and this partnership highlights the football club’s global reach and ability to connect with its massive global fan base. In addition to Nexen Tire branded Manchester City uniforms, the partnership also includes company branding at each venue, the company said.

China Manufacturing Risks: They Just Keep Growing

Harris discusses what companies can do to reduce their China manufacturing risks, among other topics related to doing business in China.

China-Manufacturing-Risks-They-Just-Keep-Growing
Dana, Authentic Vision Partner on Product Authenticity Label

The Dana Secure Label, featuring a serialized QR code and integrated hologram-fingerprint, offers unmatched protection against counterfeiting, according to Authentic Vision.

Dana-Authentic-Vision-Partner-on-Product-Authenticity-Label
GKN Signs Virtual Power Purchase Agreement with Recurrent Energy

The 10-year VPPA agreement will cover 65% of GKN Automotive’s European electricity load and 30% of its global load.

GKN Signs Virtual Power Purchase Agreement with Recurrent Energy
SKF Group Announces Leadership Transition

Philipp Herlein, head of the global vehicle aftermarket division, has been appointed managing director of the global SKF lubrication & MPT division, effective October 1.

SKF Group Announces Leadership Transition
Other Posts
MEMA’s Center for Sustainability Appoints New Senior Director

Bryan Russell will be responsible for elevating the Center’s prominence, expanding current programming, and increasing member engagement.

MEMA's Center for Sustainability Appoints New Senior Director
Clarios Highlights Circular Mindset in 2023 Sustainability Report

At Clarios end-of-life batteries are a critical resource, not waste, the company said.

BorgWarner Releases 2024 Sustainability Report

The report “Driving Progress” shares the company’s progress toward meeting its sustainability goals.

BorgWarner Releases 2024 Sustainability Report
Cummins Releases Sustainability Progress Report

Significant progress was made against the company’s environmental, social, and governance goals and aspirational targets in 2023 and early 2024 the company said.

Environmental-Sustainability-generic