Science Based Targets Initiative (SBTi) has validated Pirelli for the reduction of CO2 emissions, judged consistent with actions needed to maintain climate warming below 2°C.

“This is significant recognition of Pirelli’s commitment to achieving group Carbon Neutrality by 2030, underpinned by its goal of using 100% renewable electric energy by 2025 as announced in [the] recent Industrial and Sustainability Plan,” said a Pirelli statement.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The SBTi has validated Pirelli’s goal of reducing by 25% its absolute direct and indirect carbon emissions by 2025 compared with 2015 and cutting by 9% the absolute CO2 emissions linked to the acquisition of raw materials by 2025 compared with 2018.

Resulting from the cooperation between the CDP (former Carbon Disclosure Project), United Nations Global Compact, World Resources Institute (WRI) and the World Wildlife Fund for Nature (WWF), SBTi aims to guide companies in the definition of targets to contain the rise of the planet’s temperature.

“The validation of our targets for the reduction of CO2 emissions by the Science Based Targets Initiative is an important acknowledgement of the course undertaken by Pirelli to achieve its goal of total Carbon Neutrality,” said Pirelli EVP and CEO, Marco Tronchetti Provera.

See Also:

“Our commitment to sustainable development and the fight against climate change is constant and sees us at work every day, through our Research & Development, to identify materials and adopt sustainable processes and products, that can contribute to the safeguarding of the planet.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.