Pirelli Tops Climate Disclosure Leadership Index

Pirelli has been recognized as a leader on the “Climate Disclosure Leadership Index Italy 2014” (CDLI), an index that evaluates the completeness of a company’s strategy against climate change and the transparency of its communication to stakeholders, according to the company.

The result – a score of 99 out of 100 – was announced in Milan during the presentation of the CDP Italy 100 Climate Change Report 2014, prepared by SDA-Bocconi with the support of IMQ, and focused on the ways in which the 100 biggest listed Italian companies face and manage climate change.

Pirelli said it has set itself the goal of reducing rolling resistance by 40% for its car tires, by 20% in the truck segment and by 10% in motorcycles by 2020 compared with 2007. By the same 2020 deadline, Pirelli plans to reduce specific CO2 emissions by 15% and the specific consumption of energy in its factories by 18% compared with 2009.

Pirelli’s main global commitments in the area of Climate Change includes CDP Supply Chain, a program that in 2014 involved more than 120 strategic suppliers in the quantification of benefits in financial, reputational and risk management terms stemming from the correct management of its CO2 emissions.

McCarthy Tire Service recently opened a new in-house commercial wheel refinishing facility. According to the company, the facility has the ability to refinish over 1,000 wheels per day and technicians will utilize equipment for inspection, surface preparation, pre-treatment, and automated coating techniques at the facility.

“We're thrilled to unveil this wheel refinishing facility,” John McCarthy Jr., president of McCarthy Tire Service said. “This investment reflects our dedication to providing our customers with unparalleled efficiency and a one-stop shop for all their commercial tire and wheel needs. By streamlining the refinishing process, we can help fleets minimize downtime and maximize productivity.”