Relations with institutions and public authorities

As stated in the Group’s Ethical Code, Pirelli maintains relations with public authorities at local, national and supranational levels that are characterised by full and active cooperation, transparency and due recognition of their mutual independence.

In all countries where Pirelli has a presence, the aim of institutional relations is aimed primarily at the creation of structured and constant relations with institutions to assure adequate representation of Group interests, including participation in the different phases of the decision-making process. All activities are characterised by maximum transparency, legitimate authority and responsibility for all information that is released in public venues and in direct relations with institutions.

In the process of consolidating and developing institutional relations, Pirelli focuses on active monitoring and detailed analysis of the legislation and regulations in force with a view to verifying possible areas of interest as well as identifying the stakeholders in question. In view of guaranteeing more effective engagement of these stakeholders, the institutional dialogue is also enriched by means of projects and initiatives undertaken with institutions to promote and support issues of public interest.

The geographical scope of the Pirelli Group’s industrial and economic interests calls for an extended network of institutional relations, thus having an effect at national, European and international level.

In Italy, the Group interacts in a system of relations involving the main institutional bodies at both national and regional level. At the parliamentary level, it analyses draft legislation affecting the Group, focusing on the initiatives taken by the standing committees of the lower house of Parliament and the Senate, and occasionally offering support to parliamentary activity in the form of technical information, studies and specialised analyses concerning the Group’s activities. At the government level, Pirelli maintains constant relations with the Prime Minister’s Office and the principal ministries and related governmental entities that have an impact on the Group.

Of particular relevance, among the usual activities undertaken to protect said interests, initiatives were promoted on issues relating to: support for industrial development, particularly in regard to research and development projects; promotion and reinforcement of international relations in the countries where the Group has a presence with industrial sites; analysis and study of the impact of tire regulations; warnings on highway safety issues.

Relations with the European Institutions are focused both on the institutional relationship with stakeholders and legislative monitoring. The continuous dialogue and discussion with the European Commission, the European Council and European Parliament concerns a wide range of topics of interest to the company: from transport to energy and environmental policies, industrial policy, research and innovation, technical regulations, domestic market and international trade. At different stages of processing and formation of European legislation, Pirelli represents the Group’s interests with EU stakeholders, always guaranteeing an approach oriented towards maximum transparency and fairness. The Pirelli Group is registered with the European Register for Transparency, set up by an inter-institutional agreement between the European Parliament and the European Commission.

Internationally Pirelli plans several meetings with key institutional partners in the countries in which the major production facilities are located and promotes opportunities for discussion oriented at mutual understanding, in order to promote an effective strategy for institutional relations based on a correct perception of the industrial presence of the Group.

Of particular importance is the approval of the Lobbying Policy in February 2015 by the Board of Directors of Pirelli concerning principles and methods for the representation of corporate interests with public policy decision-makers, according to Legitimacy, Fairness and Transparency and as guarantee of adequate lobbying in full respect of the principles enshrined in the Ethical Code and Anti-Corruption Compliance Program of the Group, in line with international best practices (International Corporate Governance Network) as well as in accordance with the laws and regulations in force in the countries where Pirelli operates. The Lobbying Policy has been published on the Pirelli website.