Grenhouse gas emisions

Specific Carbon EmissionPirelli has monitored and reported its CO2 equivalents emission since 2002. CO2 is defined as “equivalent” insofar as it accounts for the contribution – albeit marginal – made by methane (CH4) and nitrous oxide (N2O).

Greenhouse gases are generated by the combustion of hydrocarbons at production sites, mainly to operate heat generators that power Group plants, and particularly those that produce steam for vulcanizers, or by the consumption of electrical or thermal energy.

The first are called “direct emissions” or scope 1 emissions insofar as they are produced at company production sites, while the emissions resulting from electric power or thermal energy consumption are defined as “indirect emissions”, or scope 2 emissions insofar as they are not produced within the perimeter of company production sites but at the plants that generate the energy and steam purchased and consumed by Pirelli.

It must be pointed out that tyre production industry is not carbon-intensive, so that it is covered by the European Emission Trading Scheme only in reference to thermal plants having more than 20 MW of installed power.

As in the case of energy, Pirelli monitors and accounts for its direct and indirect CO2 emissions (either scope 1 or scope 2 as defined above) by using two principal indicators:

  • absolute emissions, as measured in tonnes;
  • specific emissions, as measured in tonnes per tonne of finished product.

The Pirelli Industrial Plan has set a target to reduce its specific CO2 emissions by 15% from its 2009 level by 2015.

The following tables and graphics illustrate the performance of absolute and specific emissions of the Group during the three-year period 2009 – 2011. There was a reduction of over 3% in specific emissions in 2011 as compared with the previous year, and about 8% from 2009.

Emission of CO2 equivalents

Emission of CO2 equivalents

Emission of CO2 equivalents

2009 2010 2011
Tyre (ton) 825,850 890,200 913,230
Other Businesses (ton) 7,780 6,480 4,120
Absolute (ton) 833,630 896,680 917,350
Dismissed Businesses (ton) 3,430 2,200 -
Specific (ton/tonFP) 1.050 1.002 0.965

The achieved performance benefited mainly from the lower specific consumption of energy, resulting from efficiency measures. Again in 2011 direct emissions represent the lesser part (about 27%) of total emissions, as illustrated in the following graphic.

CO2 equivalents emission by scope - 2011

CO2 equivalents emission by scope - 2011

The management system of Pirelli regarding CO2 emissions will be verified by third party audit within May 2012. The verification will be carried out under the standard ISO 14064-3 and will satisfy the criteria of relevance, competence, independance, terminology and methodology.

Also in 2012 Pirelli will join the Carbon Disclosure Project - Investor. In 2011 questionnaire Pirelli obtained a disclosure score of 80 points on 100 and it has been classified in the highest scoring area: Senior Management.