Pirelli & C SpA

Common Name
Pirelli & C
Country
Italy
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
30,820
Ticker
PIRC
Exchange
EURONEXT MILAN
Description
Pirelli & C. S.p.A. is a renowned Italian manufacturer specializing in the production of high-performance tires for a variety of vehicles, including cars, motorcycles, and bicycles. As one of the olde...

Pirelli & C's Climate Target Data Preview

As of 2024, Pirelli & C has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Pirelli & C ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
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Verified Sources Behind Pirelli & C’s Climate Targets Data

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a. Pirelli & C's Annual Report 2024
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Insights into Pirelli & C's Greenhouse Gas Emissions Pathways

As of 2024, Pirelli & C has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Pirelli & C have a target to reduce the emissions from its operations?

As of 2024, Pirelli & C has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Pirelli & C's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 852,866 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Pirelli & C is ahead of schedule on its operational emissions reduction target, having achieved 71.31% of the planned reduction. a

Pirelli & C's Operational (Scope 1+2) Emissions Pathway

201820242025202720300250 k500 k750 k1 MBaselineCurrent (-57%)Target 2030 (-80%)

Does Pirelli & C have a target to reduce the emissions from its value chain?

As of 2024, Pirelli & C has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Pirelli & C's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 3,689,019 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Pirelli & C is ahead of schedule on its value chain emissions reduction target, having achieved 87.33% of the planned reduction. a

Pirelli & C's Value Chain (Scope 3) Emissions Pathway

201820242025202720300950 k1.9 M2.85 M3.8 MBaselineCurrent (-26%)

Does Pirelli & C have a target to reduce its total carbon footprint?

As of 2024, Pirelli & C has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Pirelli & C's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 4,858,988 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018, by 90% by 2040. a

As of 2024, Pirelli & C is ahead of schedule on its total carbon footprint reduction target, having achieved 33.6% of the planned reduction. a

Pirelli & C's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20182024204001.5 M3 M4.5 M6 MBaselineCurrent (-30%)Target 2040 (-90%)
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