Improved sustainability at Pirelli outlined in new report

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Pirelli has reported the continued success of its sustainability strategy. This includes the: growth of revenues from green performance products; reduction of specific water drawing; increased rate of waste recovery; the number of training days per employee exceeding the targets of its industrial plan; and new partnerships with strategic suppliers for natural rubber, in support of producers of natural rubber and safeguarding bio-diversity.

Since 2009, significant progress has been achieved in the development and realization of green performance products as part of its focus on the negative environmental impacts caused by a tire throughout its lifecycle.

In 2015, in particular, almost half (48% compared with 46% registered in 2014) of Pirelli’s tire revenues came from green performance products, almost double the 2009 level when it was equal to 25% and above target in the 2013-2017 sustainability plan, which aimed at reaching this value at the end of 2017.

Investments in R&D amount annually to over 3% of total revenues, one of the highest levels in the sector, and in 2015 they totaled about €215m (US$245m) (3.4% of total revenues), an increase from €205.5m (US$234.4m) in 2014 and €133m (US$152m) in 2009.

May 12, 2016

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Rachel's career in journalism began around five years ago when she started working for UKi Media & Events, having recently graduated from Coventry University where she studied the subject. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the ground-breaking technologies and innovations that are shaping the future of the automotive and tire industries.

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