Sustainable governance

  • The Pirelli Sustainability Model is inspired by the United Nations Global Compact, issued ISO 26000 guidelines.
  • The resulting vision permeates the Group Sustainability documents adopted and communicated to the stakeholders in their own language
  • Social Responsibility Policy for Occupational Health, Safety and Rights, and Environment
  • The Quality Policy reflects the full integration of sustainability in the Group’s management strategy

For Pirelli, sustainable governance means integrating sustainability with the various aspects and ambits of company management. Thus, sustainability represents the adopted management model and translates into the mapping, control and sustainable management of all economic, social and environmental risks and opportunities connected with corporate activity.

The principles underlyng our sustainability system

The principles underlyng our sustainability system

The Pirelli Sustainability Model is inspired by the United Nations Global Compact, of which Pirelli has been an active member since 2004 and by the recently issued ISO 26000 guidelines.
The compliance of the Pirelli Sustainability System with ISO 26000 Guidelines has been verified by third party, as stated in the Assurance Letter at the end of this report.

The resulting vision permeates the Group Sustainability documents: its Values and Ethical Code, its Quality Policy, its Social Responsibility Policy for Occupational Health, Safety and Rights, and Environment, and its Equal Opportunities Statement.

The adopted Model embraces the entire value chain to preserve and develop Group assets.

United Nations Global Compact

United Nations Global CompactIn October 2004, in a letter addressed to the Secretary General, Kofi Annan, Pirelli Group formally declared its adhesion to the United Nations Global Compact and its commitment to observe and support its Ten Principles in the areas of human rights, labour standards, the environment and the fight against corruption.

The letter of adhesion to the Global Compact is published in the Sustainability section at www.pirelli.com.

THE VALUES AND ETHICAL CODE OF THE PIRELLI GROUP

The document outlines Pirelli’s sustainable approach to business, by imposing strict, uniform guidelines for professional practices that everyone working for or with the company must obey.
Approved by the Board of Directors of Pirelli & C. S.p.A. in 2003, the Ethical Code was amended in 2009 to bring it in line with the evolution of the Group’s sustainability strategy and to satisfy new market and corporate governance requirements. The amended version was then approved by the Board of Directors of Pirelli & C. S.p.A. Within the ambit of their own functions and responsibilities, the directors, statutory auditors, executives and employees of the Pirelli Group, as well as everyone else working on behalf or in favour of the Pirelli Group, or having business relationships with it (the “Addressees of the Code”), either inside or outside Italy, must comply with the principles and obligations set out in the Code. More specifically, the Code:

  • illustrates the values on which Pirelli’s own business activities are based, i.e. fidelity, fairness, transparency, sustainable growth, customer focus, responsibility and results-oriented effort, professional excellence, innovation, quality and performance, integration and promptness;
  • indicates the principles of conduct on which Pirelli bases its own business activity in internal and external relations;
  • identifies the stakeholders with which Pirelli interacts, describing the sustainable approach that characterises their relationship with each one of them;
  • envisages appropriate penalties for violation of the Code.

The Group’s Whistleblowing procedure is a key tool for enforcing compliance with the Code, cui è dedicato un paragrafo nel presente capitolo.

The Values and Ethical Code and the Whistleblowing Procedure have been distributed to all Pirelli employees in local language versions.

Suppliers too are formally required to comply with the values and business approach set out in the Code. This is why the document has been published in the sustainability section of the Pirelli institutional website not only in the languages spoken by its employees but also in those that are most representative of the panel of suppliers.

Pirelli Group policy on Social Responsibility for Occupa tional Health, Safety and Rights, and Environment

The Policy affirms Pirelli’s formal acceptance of the Universal Declaration of Human Rights, the International Labour Organisation Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development and the United Nations Convention against Corruption, from which the principles of the Global Compact are derived.

The commitments affirmed in the Policy are inspired by the cited documents, and thus the United Nations Global Compact – of which Pirelli has been an active member since 2004 – and the contents of the SA8000® international standard. The company officially adopted this standard in 2004 as the benchmark tool for management of social responsibility.

Suppliers are also formally required to comply with the principles and commitments stated in the Policy, just as they must comply with the Pirelli business approach and the values set out in the Ethical Code.

The Policy, which was issued in 2004 and officially revised by the Chairman in 2009, has been distributed to all employees in their local language. It has also been published in the Sustainability section of the Pirelli institutional website, not only in the languages spoken by employees but also in those that are most representative of the panel of suppliers.

PIRELLI GROUP EQUAL OPPORTUNITIES STATEMENT

The Equal Opportunities Statement sets out the proactive approach taken by Pirelli to equal opportunities in the workplace and career development, while also clearly illustrating the Group’s valorisation approach to management of diversity. It lists the commitments made by Pirelli in this area, as set out in The Values and Ethical Code, in The Pirelli Group Policy on “Social Responsibility for Occupational Health, Safety and Rights, and Environment” and – a priori – the United Nations Global Compact and the SA8000® Standard.

The Statement, which was issued by the Chairman in 2006, has been distributed to all employees in their local language and published in the Sustainability section of the Pirelli institutional website, available to the External Community.

For more details on the management of diversity and equal opportunities at the company, please see the section dedicated to these topics in the Social Dimension chapter of this report.

PIRELLI GROUP QUALITY POLICY

The Quality Policy reflects the full integration of sustainability in the Group’s management strategy. Quality is a core value in Pirelli operations, pervading all of its functions and processes. Its scope of application ranges from continuous innovation of products, services, processes and systems to protection of the integrity, health and wellness of Group employees, environmental protection throughout the entire product life cycle, and strategic collaboration with suppliers.
“Corporate quality” essentially corresponds to a focus on the demands and interests of stakeholders, ethics, innovation, excellence and safety for sustainable competitiveness. Specific emphasis is given to employees involvement and the key role that they play in promoting a sustainable quality culture.

The Policy, which was officially revised by the Chairman in 2009, has been distributed to all employees in their local language. It has also been published in the Sustainability section of the Pirelli institutional website, not only in the languages spoken by employees but also in those that are most representative of the panel of suppliers.