Pirelli

Pirelli, headquartered in Italy and operating in the rubber and plastic products industry, reported total gross carbon emissions of approximately 21.38 billion kg CO2e in 2025. This includes Scope 1 emissions of about 192.22 million kg CO2e, market-based Scope 2 emissions of approximately 118.90 million kg CO2e, and Scope 3 emissions of roughly 21.06 billion kg CO2e. In 2024, total gross carbon emissions were approximately 21.05 billion kg CO2e, comprising Scope 1 emissions of around 215.25 million kg CO2e, market-based Scope 2 emissions of about 150.95 million kg CO2e, and Scope 3 emissions of roughly 20.68 billion kg CO2e. For 2023, Pirelli's total emissions stood at approximately 3.48 billion kg CO2e, with Scope 1 at about 205.49 million kg CO2e, market-based Scope 2 at approximately 249.48 million kg CO2e, and Scope 3 at around 3.01 billion kg CO2e.

Pirelli has set ambitious climate commitments, aiming for Group carbon neutrality by 2030 across all scopes. Furthermore, the company is targeting net-zero CO2 emissions across its entire value chain by 2040, earlier than the European Climate Law target. Pirelli also has a near-term absolute reduction target for Scope 1 and 2 emissions, aiming for a 60% reduction by 2025 and an 80% reduction by 2030, compared to 2018 levels. An interim target is also in place for 2027, seeking a 62% reduction in Scope 1 and 2 emissions and a 28% reduction in Scope 3 emissions, both against a 2018 baseline. The company previously targeted a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2025, compared to 2015. Pirelli is also committed to sourcing 100% of its electricity from renewable sources by 2025.