Relations with institutions and Public Authorities

“Relations between the Pirelli Group and public authorities at local, national, and supranational levels are characterized by full and active cooperation, transparency, and due recognition of their mutual independence, economic targets, and the values in this Code. The Pirelli Group intends to contribute to the prosperity and growth of the communities it operates in by providing efficient and technologically advanced services. The Pirelli Group endorses and, where appropriate, gives support to educational, cultural, and social initiatives for promoting personal development and improving living standards. The Pirelli Group does not provide contributions, advantages, or other benefits to political parties or trade union organizations, or to their representatives or candidates, this without prejudice to its compliance with any relevant legislation.”

(The Values and Ethical Code – “Wider Community”)

 

In all countries where Pirelli has a presence, the aim of institutional relations is aimed primarily at the creation of structured and constant relations with institutions to assure adequate representation of Group interests, including participation in the different phases of the decision-making process. All activities are characterised by maximum transparency, legitimate authority and responsibility for all information that is released in public venues and in direct relations with institutions.

In the process of consolidating and developing institutional relations, Pirelli focuses on active monitoring and detailed analysis of the legislation and regulations in force with a view to verifying possible areas of interest as well as identifying the stakeholders in question. To guarantee optimum comprehension of the activities performed and the interests represented, institutional interlocutors are targeted by a constant flow of information about the industrial identity of the Pirelli Group, its principal business activities, the development of new process and product technologies, and, last but not least, elements of economic, environmental and social sustainability.

In view of guaranteeing more effective engagement of Group stakeholders, institutional dialogue is also enriched by numerous projects and initiatives undertaken with institutions to promote and support issues of public interest.

The geographical scope of the Pirelli Group’s industrial and economic interests calls for an extended network of institutional relations on a national, European and international level. In Italy, the Group interacts in a system of relations involving the most important institutional bodies at both the national and regional levels. At the parliamentary level, it analyses draft legislation affecting the Group, focusing on the initiatives taken by the standing committees of the lower house of Parliament and the Senate, and occasionally offering support to parliamentary activity in the form of technical information, studies and specialised analyses concerning the Group’s activities. At the government level, Pirelli maintains constant relations with the Prime Minister’s Office and the principal ministries and related governmental entities that have an impact on the Group.

At the local level, Pirelli devotes special attention to relations with governmental bodies in the regions where Pirelli has a presence with its manufacturing plants.

During the year, the Institutional Affairs Department constantly worked to defend and support Group interests, by promoting the most effective representation at the various levels of the political and administrative system. Among the ordinary activities carried out to defend these interests, initiatives have been taken in relation to: support for industrial development, particularly in regard to research and development projects; promotion and reinforcement of international relations in the countries where the Group has a presence with industrial sites; analysis and study of the impact of tyre regulations; warnings on highway safety issues.

Pirelli also considers its relations with European Union institutions to be of key importance, dedicating special attention to them. In this context as well, continuous dialogue with the European Commission, the European Council and the European Parliament is conducted in the form of legislative analyses and concerns a broad range of issues that run from transport to environmental policies, and internal market or international trade issues. Pirelli represents Group interests to stakeholders, contributing to the formation of adequate and informed legislative decisions, while always guaranteeing an approach based on maximum transparency, fairness and collaboration with institutional representatives.

The Pirelli Group is entered in the European Transparency Register established and maintained by the European Parliament and Commission with the aim of improving levels of transparency in EU decisionmaking processes.

At the international level, Pirelli is planning numerous meetings with its principal institutional counterparts in the countries where the Company has manufacturing facilities, in order to promote an effective Institutional Relations strategy based on a fair perception of the Group’s industrial presence and encouraging dialogue to further mutual understanding. On these occasions, all issues related to local growth and competitive factors are presented to direct sustainable investments and facilitate appropriate initiatives to remove any obstacles to economic and industrial development. Public initiatives aimed at solid institutional engagement are also promoted and facilitated in these contexts, and they are often tied to the needs of local communities in collaboration with Group Sustainability Departments.