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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Fiat SpA    FIA   IT0001976403


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Fiat SpA : Fiat S.p.A. included in Dow Jones Sustainability World and Europe indexes for the fourth consecutive year

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09/13/2012 | 04:29pm EDT
Fiat S.p.A. included in Dow Jones Sustainability World and Europe indexes for the fourth consecutive year

For the fourth consecutive year, Fiat S.p.A. has been included in the Dow Jones Sustainability Indexes (DJSI) World and Europe, receiving a score of 91/100 compared to an overall average of 74/100 for companies in the Automobiles sector evaluated by SAM, the specialists in sustainability investing.

Membership in the prestigious DJSI World and DJSI Europe equity indexes is limited to companies judged best-in-class in terms of their economic, as well as environmental and social performance. The other Automobiles sector companies admitted to the DJSI World for 2012/2013 were BMW and Volkswagen. For DJSI Europe, only Fiat and BMW were admitted.
Fiat CEO, Sergio Marchionne, commented: "A culture of responsibility is integral to Fiat Group's business model, because we believe that the true value of a multi-national organization such as ours is also determined by its level of environmental awareness, respect for people, fair and transparent conduct in commercial relationships and positive contribution to local communities."
The Group achieved the maximum score in nearly every area of analysis in the environmental dimension (climate change and emission reduction strategy; environmental policies and management; product stewardship) and, in the social dimension, in the areas of human capital development and management; occupational health and safety; stakeholder engagement; and corporate citizenship and philanthropy. The maximum recognition was also given for brand management, innovation process and supply chain management.
These results demonstrate how the integration between Fiat and Chrysler has enabled an even greater focus on sustainability by leveraging the respective strengths of each partner and sharing best practice.
In 2011, the Group achieved a series of significant results. On the environmental front, for the fifth consecutive year Fiat was recognized for its cars having the lowest average CO2 emissions levels among the best selling brands in Europe.
Fiat Powertrain and Chrysler Group continued development of technologies to improve fuel efficiency and performance, while lowering the environmental impact of vehicle engines. Recognition of that commitment included the two-cylinder TwinAir being named International Engine of the Year 2011 by an international panel of 76 journalists and the high-efficiency V-6 Pentastar being named by Ward's Automotive as one of the
10 Best Engines for both 2010 and 2011.
Magneti Marelli continued to make an important contribution through the development of automotive systems and components that optimize vehicle energy demand and enhance traffic management.

Fiat S.p.A.

Via Nizza 250, 10126 Turin, ITALY

Tel. +39 011 006 3088, Fax +39 011 006 2459 mediarelations@fiatspa.com


In addition, Centro Ricerche Fiat continued to support the Group's activities in its role as a major center for development of strategic projects and international research platforms. Similarly, the Chelsea Proving Grounds, Arizona Proving Grounds and Automotive Research and Development Center, which carry out vehicle testing and development activities for Chrysler Group, continued development of innovative solutions in support of sustainable mobility.
Significant advances were also made toward reducing the environmental impact of production processes. Compared with 2010, Fiat Group Automobiles and Chrysler Group assembly and stamping plants achieved a 10% reduction in CO2 emissions and

18.5% reduction in water consumption per vehicle produced.
Employee health and safety also remained a top strategic priority, with several projects and investment initiatives aimed at accident prevention, safety and promotion of employee health and well-being. Fiat Group also maintained its commitment to promoting responsible social and environmental practices by suppliers. In addition, the Group's commitment to local communities is evidenced by the €36.5 million in initiatives and projects to support their economic, social and cultural development.
Fiat S.p.A. is a member of numerous other leading indexes including: ASPI Eurozone, STOXX Global ESG Leaders, STOXX Global ESG Environmental Leaders, STOXX Global ESG Social Leaders, STOXX Global ESG Governance Leaders, ECPI Ethical Euro, ECPI Ethical EMU, FTSE ECPI Italia SRI Benchmark, FTSE ECPI Italia SRI Leaders, Ethibel Excellence Europe and Ethibel Excellence Euro.
These results demonstrate that even in the presence of unfavorable economic conditions globally, an approach to sustainability based on continuous improvement has remained central to the Group's activities.
For additional information, go to:

Selection criteria

Qualification for the DJSI is based on a range of selection criteria in three distinct
dimensions (economic, environmental and social) upon which the concept of sustainability is based. Analysis of the economic dimension looks at corporate governance, risk management, code of conduct, brand management, supply-chain management and innovation process. For the environmental dimension, the analysis covers environmental reporting, policy and management, product stewardship, strategy for climate change and emissions reduction, as well as operational eco- efficiency. For the social dimension, factors taken into consideration include social reporting, development and management of human capital, human rights, corporate citizenship and philanthropy, occupational health and safety, and stakeholder engagement.
Additional information is available at www.sustainability-indexes.com
Turin, 13 September 2012

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Michael Mark Manley President, Chief Executive Officer & Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer Chief Financial Officer & Executive Director
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
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