Pirelli

Pirelli's reported carbon emissions

Pirelli, an Italian rubber and plastic products company, has set ambitious climate targets, aiming for Group carbon neutrality by 2030 and net-zero CO2 emissions across its entire value chain by 2050. In 2025, Pirelli reported total global emissions of approximately 21.38 billion kg CO2e. This figure comprises approximately 192.22 million kg CO2e from Scope 1 (direct emissions), approximately 118.89 million kg CO2e from Scope 2 (market-based emissions), and a substantial approximately 21.06 billion kg CO2e from Scope 3 (value chain emissions). In 2024, Pirelli's total global emissions were approximately 21.05 billion kg CO2e, with Scope 1 emissions at around 215.25 million kg CO2e, Scope 2 (market-based) at approximately 150.95 million kg CO2e, and Scope 3 emissions at approximately 20.68 billion kg CO2e. Pirelli is committed to reducing its absolute greenhouse gas emissions. Targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2025 compared to 2015 levels. Furthermore, the company has committed to reducing absolute greenhouse gas emissions by 60% by 2025 and 80% by 2030, both compared to 2018 levels for Scopes 1 and 2. Interim targets include a 62% reduction for Scopes 1 and 2 by 2027 compared to 2018. They also have a target to reduce Scope 3 emissions by 28% by 2027, compared to 2018. Further commitments include sourcing 100% of electricity from renewable sources by 2025 and achieving net-zero emissions by 2040. Pirelli has also expressed a commitment to the Corporate Net Zero standard, pledging to formalise a long-term target to reduce value chain emissions by around 90% by 2050. They also have a target to reduce CO2 emissions from raw material suppliers by 8.6% by 2025 compared to 2018.