For the third consecutive year, Fiat S.p.A. has been
included in the Dow Jones Sustainability World and Dow
Jones Sustainability Europe indexes. Fiat received the
highest score (94/100) together with BMW, compared to an
average of 72/100 for companies in the auto sector
evaluated by SAM, the investment group that specialises
in sustainable investing.
The DJSI World
and DJSI Europe equity indexes only admit those
companies judged best-in-class in the sustainable
management of their businesses, from an economic as well
as social and environmental perspective. For DJSI World,
apart from Fiat, the only other car manufacturers
admitted for 2011/2012 were BMW and Volkswagen. For DJSI
Europe, only Fiat and BMW were admitted.
Fiat CEO,
Sergio Marchionne, commented: "The confirmation that we
are among the leaders in the Dow Jones Sustainability
indexes demonstrates that the values that guide Fiat's
approach to business are recognised and appreciated
internationally. We consider this a very important
achievement, not for the image that it might portray,
but because it provides concrete proof of the system of
values behind our results. What we are working toward is
valid and worthy of respect and receiving this
recognition spurs us to always strive for the best and
maintain the highest standards."
Fiat actually
obtained the maximum score in almost every area analysed
in the environmental dimension (combating climate
change, product performance, logistics processes) and,
in social dimension, for human capital development,
stakeholder engagement, responsible supply-chain
management, and initiatives for local communities. The
maximum recognition was also given for risk management
and the innovation process.
During 2010,
Fiat achieved significant results. On the environmental
front, Fiat was named, for the fourth consecutive year,
as the most eco-performing of the major brands in
Europe, with its cars having the lowest average CO2
emissions levels. Fiat Powertrain completed development
of the two-cylinder TwinAir that reduces CO2 emissions
to as low as 92 g/km, the lowest in Europe for a
production gasoline engine. Magneti Marelli made further
advances in telematic technologies that enable an ever
more sustainable mobility and Centro Ricerche Fiat
continued to prove itself as a center of excellence for
international research projects and platforms in the
areas of vehicle safety and fuel efficient technologies.
Significant gains were also made in reducing the
environmental impact of production processes. For
example, Fiat Group Automobiles plants worldwide
achieved an 11% reduction in CO2 emissions per vehicle
produced compared to the previous year.
On the social
front, Fiat continued to invest in projects centered
around employee health and safety. As a result of the
global economic crisis, 2010 was a very challenging year
and Fiat sought to manage the effects of the crisis on
its employees with a profound sense of responsibility,
working to mitigate the social effects to the greatest
extent possible. Fiat continued the process of pushing
suppliers toward a more responsible management of their
businesses through the through the providing of
sustainability guidelines and an assessment of their
level of conformity to those guidelines. The Fiat also
strengthened its commitment to local communities,
committing €25.6 million to support economic, social and
cultural development.