There is cause to celebrate at Pirelli after the tyres manufacturer has been included in the Financial Times twice-yearly sustainability indices for the seventh consecutive year.
The business newspaper confirms that the Italian tyres company has once again secured its place in the FTSE4 Good index, which measures corporate performance in terms of respect for international standards of economic, social and environmental sustainability.
British independent research provider Eiris, working for the Financial Times, evaluated among other corporate characteristics sustainable supply chain management, ethical behaviour rules, means of prevention and management of risk, environmental impact management and relations with stakeholders.
The review did not admit new companies to the Automobiles and Parts segment of the indices, continuing to include Pirelli as the only Italian company included in that segment.
Pirelli Tyre North America designs, develops, manufactures and markets tyres for passenger vehicles in both the original equipment and replacement markets as well as markets and distributes tyres for motorcycles and motorsports.
FTSE4Good index measures the performance of companies that meet globally recognised corporate responsibility standards.
Denna Bowman, Head Office