Pirelli & C.

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Pirelli and sustainable development

"The 2009 financial year was a particularly important at Pirelli: launch of the “Green Performance” strategy further intensified our efforts to improve processes and products over their entire life cycle and confirmed the key role played by green business in the Group's development plans.

The economic crisis that has afflicted the global economy for the past two years, instability on the financial markets, the complexity of management processes and continual changes in the law and regulations have confirmed the competitive advantage of our approach to business management. This approach is based on full integration of sustainability not only in managing the economic, social and environmental impact of our activities, but also and above all in the Group's growth strategies. All of this is done in view of continuous improvements to create lasting value in behalf of all Stakeholders.

The performance of this management model is based on the professional skills of our human resources, our vocation for innovation, our technological skills and research aimed at anticipating industrial transformations, and our constant focus on quality and customer needs.

Once again, this approach enabled us to be included in the most prestigious indices of international sustainability in 2009 and to be honoured for the third year in a row for its Global Leadership in the Autoparts & Tyres Sector of the Dow Jones Sustainability Indices.

We shall stay this course with the spirit that defines Pirelli Culture and Values."

Marco Tronchetti Provera

Chairman and CEO