Fiat has been
recognised as a leader in sustainability with its inclusion
in the Dow Jones Sustainability World and Dow Jones
Sustainability STOXX Indexes, receiving a score of 90/100
compared with an average of 72/100 for all companies in the
sector evaluated by SAM, the investment group which
specialises in Sustainability Investing.
The DJSI World and
DJSI STOXX are the most prestigious stock market indexes
measuring performance in the area of corporate
responsibility and only admit companies which are
best-in-class in managing their businesses according to
sustainability criteria. In fact, only companies which are
leaders in terms of economic as well as social and
environmental performance are included.
Sergio Marchionne,
Chief Executive Officer of Fiat, commented: "This
achievement demonstrates that for Fiat sustainability is a
way of doing business which drives our daily decision
making. We will continue in our commitment to maintaining
high standards and improving performance, thereby
contributing to the creation of long-term value for all
stakeholders."
The Group achieved
significant results in 2008: In the environmental area, for
example, Fiat was recognised as having the lowest average
CO2 emissions levels among the top-selling brands in Europe
(source: Jato Dynamics), making the brand and Fiat Group
Automobiles the most virtuous in its peer group. In
addition, with the launch of the Grande Punto Natural Power,
Fiat strengthened its leadership in the area of
environmentally-friendly natural gas vehicles - including
the contribution of new engines developed by FPT Powertrain
Technologies - having the most extensive offer in the
market. New Holland Agriculture further consolidated its
position as "Clean Energy Leader", offering a broad range of
products which can run on pure biodiesel and Iveco - in
addition to its existing product offer which already meets
strict new standards for polluting emissions well ahead of
the legal deadline - has also begun testing hybrid
diesel-electric vehicles. Finally, Magneti Marelli has been
confirmed as a major player in sustainable mobility,
receiving one of the most prestigious automotive awards
worldwide for its TetraFuel system. New product developments
include the soon-to-be-released Multiair engine which has an
innovative valve management system for the control of
airflow and combustion, offering a significant reduction in
fuel consumption and polluting emissions, in addition to
improved performance.
The DJSI selection
criteria examine a number of indicators in each of the three
dimensions (economic, environmental and social) which
comprise the concept of Sustainability. The economic
dimension involves an analysis of corporate governance, risk
management, code of conduct, brand management and innovation
management. Analysis of the environmental dimension includes
environmental reporting, policy and the management system.
The social dimension takes into consideration the
development and management of human capital, philanthropy,
health and safety in the workplace, supplier management and
stakeholder engagement.