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

Marelli to Launch ProConnect at Beijing Intl. Auto Exhibition

ProConnect is a fully integrated cluster with infotainment and 5G telematics, targeted for the Chinese market.

Marelli Cockpit

Marelli will introduce ProConnect, a fully integrated cluster with infotainment and 5G telematics, at Auto China in Beijing. ProConnect is targeted for the Chinese market where many OEMs are integrating cockpit and telematics functions for entry and mid segment vehicles to better balance performance and cost, the company said.

Delphi Tapped for Global Hybrid Debut

Delphi will provide its high-performance 500bar GDI fuel system for Changan’s hybrid launch in Q2 2024.

XPENG Expands Into Hong Kong and Macau

A partnership with Sime Darby Motors will enable XPENG to bring its latest smart EVs to local consumers in the Hong Kong market.

Wallbox Appoints Luis Boada as Chief Financial Officer

Boada’s appointment is effective May 15.

Marelli Exhibiting at Beijing International Automotive Show

Visitors can interact with Marelli’s software-defined interior with features that can be personalized by the vehicle owner.

Other Posts

Motorcar Parts of America’s Selwyn Joffe on Core Values

Sustainability is embedded in every facet of the company’s operations, Joffe affirmed.

Motorcar Parts of America's Selwyn Joffe on Core Values
Stoneridge Releases Inaugural Sustainability Report

The report highlights the company’s progress on Environmental, Social and Governance initiatives.

Stoneridge Releases Inaugural Sustainability Report
Future of Automotive Innovation Showcased at TAIPEI AMPA Show

The event returns to the Taipei Nangang Exhibition Center Hall 1, April 17-20, 2024.

Mexico Site Selection for Automotive OEMs & Suppliers

Swedback discusses why foreign automotive companies are locating operations in Mexico, and the most important issues they need to know about, among other topics.