The main achievement of 2019 was the Company joining the United Nations Global Compact
2020-05-07
Prometeon Tyre Group, the sole tyre company fully dedicated to the Industrial sector, for the transport of goods and people, the Agro and OTR segments, has published its 2019 Sustainability Report.
One of the most prestigious achievements of 2019 was its inclusion in the United Nations Global Compact (UNGC).
In order to enhance its management capacity, for the creation and maintenance of sustainable values, the Company joined the United Nations Global Compact which count 10,435 companies in 166 countries and offers leadership guidelines envisaged to inspire advanced and innovative Sustainability Performance Management for business community in full compliance with the corporate social responsibility practices. More than that Prometeon Tyre Group not only has embraced the ten fundamental principles of the UNGC, but has decided also to support the Sustainable Development Goals defined by United Nations during the 2030 agenda, aiming to achieve a better and more sustainable future.
The four pillars on which the Sustainability Report of Prometeon Tyre Group is based are:
Giorgio Bruno, CEO of Prometeon Tyre Group, said: “2019 was a very important year for the whole Group and we are proud to have been able to achieve prestigious goals, not only in terms of business but also in supporting the environmental and social community in which we operate. Nowadays, it is essential to use governance tools that can support the creation of shared values, relationships with Stakeholders and related ties, also through the development of financial, productive, intellectual, human, natural and social capital. Prometeon's Sustainability Report summarises all these elements, which are vital for anyone who expresses the desire to respect our ecosystem's balance and to develop successful corporate strategies in the long run”.
Furthermore, the Group has a Code of Ethics providing and formulating professional practices’ clear and uniform guidelines for all its subsidiaries. These must be followed by anyone who works or has business relations with the company, both nationally and abroad.
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Sustainalytics has assessed the Group’s standards in ESG terms: third-ranked in 2022 at a worldwide level in the sector. Sustainability governance strengthened at a global level. New targets for 2030 for the reduction of the environmental impact on the entire value chain: production and sales.
The first part of the analysis by the ESG rating agency has ended. The sustainable policies adopted by the Group are crucial for managing the 350 million Euro sustainability-linked loan. Prometeon continues in its efforts to improve sustainability, with investments in Turkey, Egypt and Italy.
The main achievement of 2019 was the Company joining the United Nations Global Compact