Pirelli

Pirelli, a leading company in the rubber and plastic products industry, reported total emissions of approximately 21.38 billion kg CO2e in 2025. This includes about 192.22 million kg CO2e from Scope 1 emissions, 118.90 million kg CO2e from Scope 2 market-based emissions, and 21.06 billion kg CO2e from Scope 3 emissions. For 2024, their total emissions were approximately 21.05 billion kg CO2e, with Scope 1 at about 215.25 million kg CO2e, Scope 2 market-based at 150.95 million kg CO2e, and Scope 3 at 20.68 billion kg CO2e.

Pirelli has committed to achieving Group carbon neutrality by 2030 and aims for net zero CO2 emissions along its entire value chain by 2050 at the latest.

The company has set several near-term reduction targets:

• A 60% absolute reduction in Scope 1 and 2 emissions by 2025 compared to a 2018 base year, increasing to an 80% reduction by 2030.
• An interim target to reduce absolute Scope 1 and 2 emissions by 62% by 2027 compared to 2018.
• A 27% absolute reduction in Scope 3 emissions by 2025 compared to a 2018 base year, increasing to a 30% reduction by 2030. This includes an 8.6% reduction in CO2 emissions from raw material suppliers by 2025 compared to 2018.
• Pirelli also targets a 42% reduction in absolute Scope 1 and 2 emissions by 2025 compared to 2015 values.
• The company intends to offset the remaining 20% of Scope 1 and 2 emissions in 2030 to achieve net zero for these scopes.
• Pirelli aims for 100% of its electricity to be sourced from renewable sources by 2025.