Stock market performance of 100 companies selected over-performed market, with 12-month return of more than 25%
EACCNY member Pirelli Tires is proud to announce its inclusion in a new stock index launched by the UN Global Compact in partnership with research firm Sustainalytics. The index, called the “Global Compact 100”, includes 100 companies selected according to their commitment to the Global Compact ten principles, executive leadership commitment, and consistent base-line profitability.
In announcing the new index, in which Pirelli is the sole tire company, the UN Global Compact said it tracked the stock market performance of the 100 companies over the past three years, and the 100 companies over-performed the FTSE® All World stock index over the past one and two-year periods. The Global Compact 100 companies showed a stock market return of 26.4% over the past year.
Following is a link to the UN Global Compact press release: http://www.unglobalcompact.org/news/421-09-18-2013
Founded in 1872, Pirelli & C. SpA is the fifth largest tire manufacturer in the world in terms of sales. Present in over 160 countries, Pirelli has 22 manufacturing sites and employs approximately 38,000 people around the world. Pirelli is a leading producer of premium tires due to its commitment to R&D. Successfully competing in motorsport since1907, Pirelli is currently the exclusive supplier of the Formula 1 championship, the Superbike world championship, and many single marquee championships around the world.
Pirelli is recognized as a socially aware corporation that applies sustainable practices in everything from “green performance” products to providing a healthy environment for its workers and their families. The company achieved a perfect score in the FTSE 4 Good Global and European STOXX sustainability index, and has maintained a global sustainability leadership position in the Dow Jones Sustainability World and Europe Indexes for seven consecutive years. In June, the Foreign Policy Association awarded Pirelli Chairman and CEO Marco Tronchetti Provera the 2013 Social Responsibility Award for his ongoing endeavors in sustainability and social responsibility.
Pirelli Tire North America (PTNA) services NAFTA (North American Free Trade Agreement) member countries through its Modular Integrated Robotized System (MIRS) facility and research and development center at its Rome, Georgia headquarters, its state-of-the-art manufacturing plant in Silao, Mexico and its New York City, Montreal and Mexico City sales and marketing offices. The company manufactures, distributes and markets original equipment and replacement tires for export and domestic car/motorcycle applications (US, CA, MX) and Agro/Heavy Truck platforms (MX).
For further information please contact:
Pirelli Communications and Media Relations – NAFTA Region 212.497.8820 firstname.lastname@example.org