Sustainability Channel

This week let’s speak about energy

The European Union Sustainability Energy Week is a key event for the more energy-sustainable future of the Old Continent. Between 11 and 15 April, hundreds of initiatives taking place around Europe with the objective of promoting, discussing and sharing the intelligent use of energy resources. At the events, organised by the European Commission, energy consumers and producers will actively participate in conferences, workshops and educational activities that will include the opportunity of visiting companies and factories that generate or use renewable energy and technology for energy efficiency. In addition, there will be a series of conventions in Brussels, the headquarters of the event, which will involve not only research but also schools with the objective of making future generations aware of the need to respect the environment.

This week Pirelli will also take part in this important initiative.

Pirelli’s energy

Pirelli mostly uses electricity in its industrial activity, as it constitutes almost half of its total energy consumption; of that quantity, it is estimated that no less than 40% comes from renewable sources. The other half is thermal energy, obtained from the combustion of natural gas or purchased.

In that context, every year Pirelli responsibly undertakes action plans aimed at further reducing consumption in a world in which the connection between energy consumption and environmental impact is more than evident.

• The improvement of energy management systems through the precise measurement and daily attention paid to technical indicators.
• Improvement of the quality of energy transformation, optimising resources and plant.
• Improvement in the efficiency of the distribution system.
• Recovery of energy for further use.
• The application of maintenance plans with a view to reducing waste.

Faced with the industrial plan’s objective of reducing energy specific consumption* by 15% in the five years 2010-2015 compared to that of 2009, these targeting initiatives ensured a reduction of over 5% in 2010.

You can find more information on: http://www.eusew.eu/

(*) Specific consumption means that which is normalised on annual tyre production: this data is an indication of the true quality of the transformation process, unconnected with the value of annual variations in quantities produced

Pirelli for the 10th year in the Financial Times sustainability indices

Pirelli has been reconfirmed by the Financial Times share indices – FTSE4Good – FTSE Global and FTSE4Good Europe – for socially responsible investment for the 10^th consecutive year. 

Best Corporate Governance Pirelli receives award at London Stock Exchange

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Pirelli is the Italian company with the best corporate governance. That has been confirmed by the 2011 World Finance Award, the prestigious international recognition, which has selected the leading companies in the fields of corporate governance and management of financial activities since 2007. As part of the World Finance Award, now in its third year, the Best Corporate Governance prize has been presented to Pirelli.

“Corporate governance is an essential tool of our basic operation, a way to create long term value in a sustainable way”, said Francesco Chiappetta, the Pirelli Group’s general counsel, during an interview at the London Stock Exchange. He dwelt briefly on the pillars of Pirelli corporate governance, pointing out how this must be considered a true culture to which all employees at all levels contribute, and is the fundamental requirement for the good management of a company.

To know more:

http://www.worldfinance.com/awards