Nota Al Lavoro Di Gap Analysis GRI G3

Nota Al Lavoro Di Gap Analysis GRI G3

Sustainability Report 2013 – Pirelli & C. S.p.A. 1 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. SUSTAINABILITY REPORT 2013 VOLUME 3 of ANNUAL FINANCIAL REPORT AT DECEMBER 31, 2013 Pirelli & C. S.p.A. – Milan 2 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. CONTENTS A Note on Methodology Chapter 1: Creation of Sustainable Value Chapter 2: Economic Dimension Chapter 3: Environmental Dimension Chapter 4: Social Dimension Summary Tables Assurance Statement 3 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. A NOTE ON METHODOLOGY The Pirelli Group Sustainability Report, in 2013 at the ninth edition, is the expression of a corporate culture based on the integration of economic, environmental and social choices, in line with the triple bottom line approach. For this reason, instead of being published separately, the description of Pirelli sustainable performance is included as an integral part of the Pirelli Annual Financial Report at December 31, 2013, of which it is the third volume: Volume 1: Annual Financial Report at December 31, 2013; Volume 2: Annual Report on Corporate Governance and the Structure of Share Ownership 2013; Volume 3: Sustainability Report 2013. In light of this integration, note that: the Chairman’s Letter at the beginning of Volume 1 of the Pirelli Annual Financial Report addresses Group sustainability issues; the scope and reporting period of this annual report is the same as the Group’s Annual Financial Report at December 31, 2013 – Volume 1; this report gives a summary of the corporate identity, Group structure and operating performance in 2013, insofar as these topics are discussed in detail in Volume 1, to which reference is made for further information; the Summary Tables, found at the end of the report, link the specific GRI-G4 indicators with the principles of the Global Compact and the topics discussed both in this Volume and in Volumes 1 and 2. The Sustainability Report has been drawn up according to theSustainability Reporting Guidelines issued by the Global Reporting Initiative – according to the Comprehensive option of the GRI-G4 version. It has also been prepared in accordance with the principles of completeness, materiality and responsiveness set out in Standard AA1000. The analysis of sustainable performance is based on a set of Key Performance Indicators (KPIs), developed in accordance with the GRI-G4 indicators, the ten principles of the Global Compact (to which Pirelli adhered in 2004) while also taking account of data periodically monitored by the leading rating agencies of sustainable finance. The sections on economic and social dimensions have also drawn on the Reporting Standards issued by the Italian Sustainability Report Study Group (GBS – Gruppo di Studio per il Bilancio Sociale). The contents of the report were determined according to their materiality, including the most important themes for the Company and of greatest interest to Group stakeholders. They highlight and explain the progress made in 2013 in relation to the contents of the 2012 report, with an overview of trends during the past three years as well as the new 2014 and/or multi-year targets. The management systems used to consolidate the data are CSR-DM (Corporate Social Responsibility Data Management), HSE-DM (Health, Safety and Environment Data Management), SAP-HR (SAP Human Resources) and HFM (Hyperion Financial Management). The Sustainability Report was approved by the Board of Directors of the parent company Pirelli & C. on March 27, 2014 and was submitted for an Assurance Statement issued by an independent third party, SGS Italia S.p.A. Finally, it is published – in Italian and English – in the Sustainability section of the Pirelli website. To submit comments and ask for clarifications or further details, please refer to the Contacts published in the Sustainability section of the website. The Section also hosts the Sustainability Channel, , an interactive communication channel between Pirelli and the web community interested in sustainability news and events regarding the Group. 4 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. 1. CREATION OF SUSTAINABLE VALUE Founded in 1872 and listed on the Milan Stock Exchange in 1922, Pirelli makes tyres, which has been the core business of this Milan-based group for over a century. Pirelli designs, develops, produces and sells tyres for automobiles, industrial vehicles and motorcycles. It manufactures tyres in 13 countries around the world – Argentina, Brazil, China, Egypt, Germany, England, Italy, Mexico, Romania, Russia, Turkey, United States and Venezuela – and operates a far-flung sales network serving over 160 countries. Pirelli business operations are represented by two main segments. The Consumer business (accounting for about 70% of total net sales), which makes tyres for automobiles, Sport Utility Vehicles (SUV), light commercial vehicles and motorcycles. The Industrial business (accounting for about 30% of net sales) makes tyres for buses, trucks and agricultural equipment. These businesses are focused in turn on two different sales segments: the original equipment segment, which directly targets automotive makers, and the replacement segment, represented by the replacement of tyres for vehicles already on the road. Its technological know-how and innovative prowess have allowed Pirelli to strike agreements with the most prestigious car and motorcycle makers in the world. Participating in sports competitions since 1907, Pirelli is the exclusive supplier to the Formula 1TM Championship for the three-year period 2014-2016 and the world Superbike Championship. The excellence of its products, the fame of the Pirelli Calendar, the prestige of its participation in Formula 1™ and presence in the fashion industry contribute to the global success of the Pirelli brand that, according to the latest estimates by Interbrand, is worth euro 2.27 billion. In line with its Premium and Green Performance strategy, Pirelli focuses constantly on quality, technology and low environmental impact products. In pursuing its objectives, Pirelli aims to combine economic profitability and social responsibility. In keeping with its century-plus industrial tradition, it continues to invest in international projects while maintaining strong roots in the local communities where it operates. 1.1 OWNERSHIP STRUCTURE OF PIRELLI & C. On October 31, 2013, at the conclusion of consultations promoted by the Management of the Pirelli & C. S.p.A. Shareholders Agreement (Assicurazioni Generali S.p.A., Camfin S.p.A., Edizione S.r.l., Fondiaria-SAI S.p.A., Intesa Sanpaolo S.p.A., Mediobanca S.p.A., Massimo Moratti and Sinpar S.p.A.) agreed to dissolve the agreement “effective from today”, and thus prematurely in relation to its scheduled expiry on April 15, 2014. Therefore, since October 31, 2013 the participants have been definitively and irrevocably released from all the commitments and obligations resulting from the agreement. The following graphic illustrates the Pirelli ownership structure at December 31, 2013 and a focus on the significant number of shares owned by foreign shareholders. 5 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. There were no significant changes in the scope of the Group during 2013. More details are provided in the “Consolidated Financial Statements” section of the Annual Financial Report 2013. 6 VOLUME 3 of Annual Financial Report at December 31, 2013 Sustainability Report 2013 – Pirelli & C. S.p.A. 1.2 SALES BY GEOGRAPHICAL AREA In 2013 net sales totalled euro 6,146.160 million, up 1.2% from the previous year (euro 6,071.535 million), with 99.5% of net sales being generated by the Tyre Business, which is the core business of the Group. Excluding the exchange rate negative impact (-7.2%), the like-for-like figure was up 8.4%. A table illustrating the breakdown of Group sales by geographic area follows below: (in migliaia di euro) 2013 2012 2011 2010 Europa: - Italia 379.451 6,17% 425.260 7,00% 479.838 8,49% 485.450 10,01% - Resto Europa 1.679.367 27,32% 1.688.549 27,81% 1.803.475 31,89% 1.503.531 31,01% - Russia 254.122 4,13% 255.160 4,20% 40.605 0,72% - - Nafta 682.053 11,10% 692.618 11,41% 561.320 9,93% 477.394 9,85% Centro e Sud America 2.174.235 35,38% 2.067.525 34,05% 1.915.467 33,87% 1.632.044 33,66% Asia/Pacifico 481.493 7,83% 420.400 6,92% 352.815 6,24% 286.922 5,92% Middle Est/Africa 495.439 8,06% 522.023 8,60% 501.273 8,86% 463.077 9,55% 6.146.160 100,00% 6.071.535 100,00% 5.654.793 100,00% 4.848.418 100,00% Green Performance revenues Pirelli Green Performance tyres are simultaneously able to maximise respect for the environment and safety performance. To calculate Green Performance net sales, the Company refers to the currently most restrictive tyre labelling regulation, issued by the European Union, with the classification including those products whose environmental impact (rolling resistance) and safety performance (wet grip) falls in classes A, B and C of the European scale, considering the Group world- wide products. The impact of Green Performance net sales as a percentage of total net sales of tyres at December 31, 2013 was about 42.4%, up from 39.6% in 2012. This figure is on the way to achieving the impact target, which is equal to about half of net sales by 2017. 1.3 BREAKDOWN OF EMPLOYEES BY GEOGRAPHICAL AREA AND GENDER The Pirelli headcount at December 31, 2013 was 37,979 employees (37,338 in 2012 and 34,259 in 2011), for a net increase of 641 employees yoy, including 60 executives and staff employees and 581 blue collar employees.

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