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14MB - Pirelli

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EXTRAORDINARY SESSION CONSOLIDATED FINANCIAL STATEMENT SUSTAINABILITY REPORT DIRECTORS' REPORT PRELIMINARY INFORMATION<br />

as a fundamental<br />

choice based on vision and growth<br />

strategies, as an entrepreneurial<br />

and cultural value and as a responsible<br />

component of “Sustainability<br />

long-term<br />

development sums up the <strong>Pirelli</strong> Group's approach<br />

to business, which it continued to refine in 2008.<br />

Such an approach helps reduce economic, social<br />

and environmental risk. Internal cohesion grows in<br />

step with the overall vision needed to balance business<br />

activity as much as possible with the interests<br />

of different stakeholders, in view of compensating<br />

the impact of specific historic conditions through<br />

the pursuit of long-term stability, which a business<br />

must achieve at least in those areas where it can<br />

take the initiative. The current global economic<br />

crisis is forcing businesses to change, restructure<br />

and sacrifice. It is also forcing profound industrial<br />

and social changes, which <strong>Pirelli</strong> intends to address<br />

not only with appropriate short-term measures,<br />

but also and especially by continuing to focus<br />

on innovation, in the broadest sense of the term.<br />

This means focusing on the most advanced technologies<br />

but also research, training, the promotion<br />

and development of “talents”, especially younger<br />

people, growing occupational safety, multicultural<br />

experience and sensitivity to social implications in<br />

the communities with which it constantly interacts<br />

around the world. With these aims in mind, <strong>Pirelli</strong><br />

launches its “green performance” strategy for environmentally<br />

sustainable growth. This strategy<br />

translates into new products and new production<br />

systems with reduced environmental impact, low<br />

energy consumption, quality and safety. This is<br />

what sustainability means to us. This is the approach<br />

and performance that will enable us to appear<br />

once again on the most prestigious rankings<br />

of international sustainability as world leader in<br />

the Dow Jones Auto Parts & Tyres Sector. We have<br />

been accorded this honour for the second year in<br />

row and will continue to uphold it with commitment<br />

and consistency.<br />

”<br />

Marco Tronchetti Provera<br />

164 PIRELLI & C. S.p.A. MILAN

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