Pirelli remains only tyre firm in Global Compact 100 sustainability index
For the second consecutive year Pirelli reports that it is the only tyre company present in the “Global Compact 100” sustainability index, launched last year by UN Global Compact in collaboration with Sustainalytics.
The “Global Compact 100” index is composed of 100 companies chosen on the basis of their alignment with the ten principles that guide the UN Global Compact, their management’s commitment to sustainability issues and their level of profitability. These companies recorded a yield in one year – expressed in terms of Total Investment Return – 21.8 per cent higher than the S&P global mid and large-cap index.
Earlier in September Pirelli was nominated world leader in the ATX Auto Components sector of the Dow Jones Sustainability indices, with a score of 85/100 compared to a sector average of 48/100. This is the eighth consecutive year that Pirelli has been named world leader in the the ATX Auto Components sector of this index.