UN Global Compact Recognizes Pirelli's Participation
Pirelli & Cie SpA has been named a Global Compact LEAD (Leadership for Environment and Development) participant company by the United Nations (UN).
The company was singled out as as being among the most highly-engaged participants of the world’s largest corporate sustainability initiative on Sept. 23, 2019, during United Nations Compact Leaders Week in New York, N.Y. That participation includes an ongoing commitment to the initiative's Ten Principles for responsible business.
To qualify as a LEAD participant, a company must take part in at least two UN Global Compact Action Platforms, demonstrating its commitment to defining and fostering leadership practices in line with the Ten Principles and the Sustainable Development Goals (SDGs). It must also communicate its progress, through an annual sustainability report, detailing progress on implementing the Ten Principles.
Pirelli, which joined the UN Global Compact in 2004, demonstrated its commitment this year by participating in Action Platforms on “Decent Work in Global Supply Chains,” “Financial Innovation for the SDGs” and “Reporting on the SDGs.” Each Action Platform relies on business leaders, Global Compact Local Networks, leading experts, civil society, governments and UN partners to solve complex issues and innovate around the SDGs.
Pirelli says being a part of the UN Global Compact "underlines the company’s belief that effective solutions must be pursued through a holistic approach to development, integrating economic, social and environmental capital and based on joint efforts of sustainable companies and stakeholders globally."
Pirelli’s communication on its progress and other related information is available in its participant profile on the UN Global Compact website.