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S&P confirms Pirelli as Global Sector Leader In Sustainability

Noah Buscher; Unsplash

Pirelli has been named global Leader in Sustainability in the ATX Auto Components sector within S&P Global’s 2022 Corporate Sustainability Assessment, obtaining the highest score in its segment. The results published today by S&P Global – valid for inclusion in the Dow Jones Sustainability indices –highlight Pirelli’s score of 85 points (+8 points above 2021, as announced on 26 September 2022). Pirelli’s result was the highest in the ATX Auto Components sector and significantly higher than the sector average of 24 points.

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Pirelli and Hankook rated on Dow Jones Sustainability Indices

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Hankook

Tyremakers Pirelli and Hankook are amongst those rated in the latest Dow Jones Sustainability Indices (DJSI). Full results will be published on 20 November, but some details have been previewed already namely that Hankook has been recognized as the best-in-class sustainability leader in the (DJSI) World for the sixth consecutive year. Similarly, Pirelli scored maximum points in the social context for social reporting category.

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Nokian and Hankook also listed on DJSI World 2020

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Akil Mazumder; Pexels

Pirelli might be Dow Jones Sustainability Indices (DJSI) Industry Leader in the “Auto Components” category, but Nokian Tyres and Hankook Tire are also listed on DJSI World 2020.

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Pirelli a sector world leader on Dow Jones Sustainability Indices

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Pirelli has been confirmed as the world Sustainability leader in the Automobiles & Components sector on the Dow Jones Sustainability World and Europe indices. This was the result of the annual review of the indices conducted by S&P Global through SAM. Pirelli earned a total score of 84 points, compared with an average for the sector of 35.

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Hankook wins platinum medal for CSR engagement, sustainability

Hankook

Tyre manufacturer Hankook has received a platinum medal for its corporate social responsibility (CSR) engagement. The medal was awarded by the French rating agency Ecovadis in particular recognition of Hankook’s sustainability initiatives. The medal is awarded to companies in the top one per cent of their industry sector.

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Building a sustainable future

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Sustainability in the automotive industry and its suppliers

This month we face the latest Brexit deadline. The deadline Prime Minister Boris Johnson said he would rather “die in a ditch” than overshoot. However, as we go to press no-one knows if we will Brexit on this date; and if we do, what kind of Brexit it will be. We reported how automotive manufacturers and their suppliers have made their feelings known en masse here, but the broader truth is that the details of the subject remain a great unknown. So, let’s look to the future and how more businesses what to make their future an ecologically sustainable one.

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Pirelli claims DJSI sector leadership

Pirelli shares news of its confirmation as “world leader” in Sustainability in the Automobiles and Components sector of the Dow Jones Sustainability Indices (DJSI) World and Europe indices. This status comes courtesy of RobecoSam and S&P Dow Jones’ annual review of the indices that will apply from 23 September.

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Pirelli a DSJI Industry Leader 2018

Pirelli has been named leader of the Dow Jones Sustainability Indices (DSJI) World and Europe review in the Auto Components section. The tyre maker gained a total score of 81 points in the annual review of the indices conducted by RobecoSam and S&P Dow Jones, compared with a sector median of 32.

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Nokian Tyres on DJSI World sustainability index

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Nokian Tyres has been selected for Dow Jones’ DJSI World sustainability index. With a total sustainability score nearly twice as high as the industry average, Nokian Tyres significantly improved its results in the 2017 assessment. Nokian Tyres’ score of 78 points was only one point behind the industry’s best company globally.

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Nokian Tyres selected for the DJSI World sustainability index

Nokian Tyres has been selected for Dow Jones’ DJSI World sustainability index. With a total sustainability score nearly twice as high as the industry average, Nokian Tyres significantly improved its results in the 2017 assessment. Nokian Tyres’ score of 78 points was only one point behind the industry’s highest-scoring company globally.

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Bridgestone gains RobecoSAM sustainability award

Bridgestone Corporation has received a Silver Class Sustainability Award 2017 from sustainable investment specialist RobecoSAM. This is the first time the company has received this honour.

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Six DJSI listings in a row for Lanxess

Specialty chemicals company Lanxess will be included in the Dow Jones Sustainability Index (DJSI) World for the sixth time in succession from 19 September. Commenting on the company’s continuation in the index, Board of Management member Hubert Fink said: “We are delighted by our renewed listing in the index and see this as confirmation of our commitment in the area of sustainability. Sustainable economic success is impossible today without a responsible approach to environment and society. The guiding principle of sustainable development is firmly anchored in the corporate strategy.”

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Michelin top in DJSI World rankings automotive equipment sector

The Michelin Group has once again been commended for its commitment to sustainable development. The latest Dow Jones Sustainability World Index ranking (DJSI survey by RobecoSAM), gives Michelin a score of 87/100, up four points, which takes it to first place in the original equipment sector. Michelin ranks first in its sector in relation to 12 of the 18 assessment criteria used by the survey in the three major CSR fields: social aspects, environmental aspects and societal aspects.

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