Sustainable growth strategy

Industrial Plan 2013-2017 with sustainability targets 2020

The Sustainability Plan 2013-2017 includes objectives that go to 2020. It integrates, supports, accompanies and protects the Group Industrial Plan and was developed according to the “Value Driver” model developed by UN PRI (United Nations Principles for Responsible Investment) and the UN Global Compact to promote dialogue between investors and companies on sustainability issues. Growth, productivity, governance and risk management are the guidelines, also used in defining the targets for 2020.

Inter alia, the Sustainability Plan forecasts:

  • Green Performance product net sales to be 48% of Tyre net sales in 2017;
  • a reduction in rolling resistance, which in 2020 in the Car segment will be decreased of 40% if compared to 2007;
  • further expansion of Pirelli technology to produce silica from rice husks, also applied to Premium tyres by 2017;
  • the achievement of results from research into alternative sources of natural rubber from Hevea are expected by 2016, with the possible use of rubber from guayule (project conducted with Versalis, part of the ENI Group);
  • the widespread use of innovative, function-enhancing polymers is expected by 2015, guaranteeing reduced environmental impact, improved driving safety and process efficiency;
  • a reduction by 90% in the workplace accident frequency rate by 2020 compared to 2009 figure. This target will be achieved by investing in increasingly safe machinery and programmes to reinforce the safety culture among Group employees;
  • reduction of 15% in specific CO2 emissions and 18% in specific energy consumption by 2020 compared to 2009: expected savings of about €20 million and 350,000 tonnes of CO2 in the period 2015-2017;
  • reduction of 58% in specific water withdrawal by 2020, with an expected water saving of 3,000,000 cubic metres during 2015-2017;
  • Towards zero waste to landfill: 95% waste recovery rate by 2020, with an expected saving of about €60 million by 2017 due to the reuse of industrial wastes;
  • keeping research and development spending for premium products at 7% of net premium products sales, with the aim to further develop and increase the safety performance and environmental compatibility;
  • growing investment in risk mitigation and prevention of business interruption: CAGR +8.3% by 2017 as compared with 2013;
  • new proxy to monitor equal gender remuneration, including the parameters of performance, rank and labour market seniority;
  • investment in employee training equivalent to average of 7 man days by 2015 and ≥ 7 in the following years;
  • adoption of increasingly advanced models for management of economic, social and environmental responsibility in the supply chain, from a perspective of shared development.