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November 22, 2021 09:48 PM

Pirelli Motorsports earns FIA's top environmental rating

Tire Business
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    MILAN, Italy — The Federation Internationale de l'Automobile (FIA) has awarded Pirelli Tyre's motorsport division its top environmental rating, reflecting the tire maker's efforts toward carbon neutrality by 2030.

    Pirelli — the designated tire supplier for several FIA worldwide racing series — earned three stars from the FIA as part of its Environmental Accreditation Program, which was designed to demonstrate a series of measures that participants have to implement in order to achieve the best environmental standards.

    Examples cited by the FIA of Pirelli's own environmental sustainability objectives, include the reduction of overall CO2 emissions by 25% by 2025 (compared with 2015 levels) as well as the aim of purchasing 100% of its electricity from renewable sources: a target already achieved for all of Pirelli's European plants.

    Some of the measures Pirelli has undertaken within Formula 1 include increasing the use of renewable materials, elimination of single-use plastics from its trackside operations, and a supply chain that is fully managed according to environmental and social sustainability criteria.

    In addition, Pirelli said its motorsport operation has met a number of stringent sustainability audits that take in everything from carbon emissions to environmental impact.

    Giovanni Tronchetti Provera, Pirelli's senior vice president of prestige, motorsport, sustainability and future mobility, said: It's a great honor for us to achieve the recognition of three stars from the FIA, as a focus on environmental sustainability is central to Pirelli's development strategy and fully embedded in our motorsport business model. We have always placed an emphasis on sustainability in motorsport, working closely with the FIA and fully sharing the same vision of sustainable mobility and sport."

    FIA President Jean Todt added: "The FIA certification program is an important standard to measure sustainability across motor sport. Congratulations to Pirelli's motorsport team for achieving the level required to attain the three-star rating, which underlines its commitment to our crucial common objectives for environment."

    Formula 1 President and CEO Stefano Domenicali, stated: "Pirelli has demonstrated a clear environmental direction and commitment that has led to it becoming the very first tire company to pick up this award in motorsport.

    "Formula 1 is well known for its innovation and technology, and we are using that heritage to ensure we have a sustainable future and solutions that can make a real-world difference. I want to congratulate Pirelli on this very impressive achievement and their ongoing dedication to Formula 1."

    Pirelli's commitment to the creation of sustainable value, a characteristic of the company's responsible management and its economic, social and environmental performances, has resulted in its inclusion in some of the world's most prestigious sustainability stock market indices.

    In 2021, Pirelli was confirmed in the Dow Jones World and Europe Sustainability Indices and Global Compact LEAD of the United Nations: the only company from the automobiles and parts sector at global level.

    In 2020, the company was reconfirmed as one of the global leaders in the fight against climate change, gaining a place on the CDP's Climate A list. Pirelli was also the only company in the auto components sector worldwide to be awarded the Gold Class Distinction in the S&P Global Sustainability Yearbook 2021.

    The FIA Environmental Accreditation Program is aimed at helping motor sport and mobility stakeholders worldwide to measure and enhance their environmental performance. The rating system:

    One-Star — Basic practice: Demonstrate basic environmental performance and a commitment to improve.

    Two-Star — Good practice: Demonstrate good environmental performance and be close to follow internationally developed roadmaps toward environmental management.

    Three-Star — Best practice: Demonstrate best practice and commitment to seek continual improvement through the implementation of an environmental management system.

    Besides Formula 1, Pirelli is the designated race tire supplier for Formula 2, 3 and 4, the World Rally Championship and a number of regional sports and touring car championships.

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