Potential offtaker

Pirelli & C. S.p.A

www.pirelli.com

Estimated electricity consumption

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Countries of production presence

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Pirelli & C. S.p.A is a leading Italian multinational company that specializes in the manufacturing and distribution of high-performance tires for automobiles, motorcycles, and bicycles. The company was founded in 1872 in Milan, Italy, and has since grown to become one of the largest tire manufacturers in the world. Pirelli operates in over 160 countries and has more than 30,000 employees worldwide.

In recent years, Pirelli has placed a strong emphasis on sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy in its operations. Pirelli has also implemented various initiatives to promote sustainable practices throughout its supply chain.

One of Pirelli's key sustainability initiatives is its corporate energy program. The program aims to reduce the company's energy consumption and increase the use of renewable energy sources in its operations. Pirelli has invested in energy-efficient technologies and processes to reduce its energy consumption and has also implemented a number of renewable energy projects.

Pirelli has also entered into corporate power purchase agreements (PPAs) to support its renewable energy goals. PPAs are long-term contracts between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price. Pirelli has signed several PPAs with renewable energy providers to source renewable energy for its operations.

In addition to its corporate energy program and PPAs, Pirelli has also invested in renewable energy projects. The company has installed solar panels at its manufacturing facilities to generate renewable energy and has also invested in wind energy projects. Pirelli's renewable energy projects have helped the company reduce its carbon footprint and increase its use of renewable energy.

Pirelli's commitment to sustainability and decarbonisation is also reflected in its tire products. The company has developed a range of eco-friendly tires that are designed to reduce fuel consumption and CO2 emissions. Pirelli's eco-friendly tires are made from sustainable materials and are designed to last longer, reducing the need for frequent tire replacements.

Pirelli has also implemented various initiatives to promote sustainable practices throughout its supply chain. The company works closely with its suppliers to ensure they meet Pirelli's sustainability standards and has implemented a supplier code of conduct that outlines the company's expectations for ethical and sustainable practices.

Overall, Pirelli is a leading Italian multinational company that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy in its operations. Pirelli's corporate energy program, PPAs, and renewable energy projects have helped the company achieve its sustainability goals, while its eco-friendly tire products and supply chain initiatives promote sustainable practices throughout the industry.

✓ Science Based Targets member
✓ Declared Net Zero commitment