Fiat has been recognised as a leader in sustainability with its inclusion in the Dow Jones Sustainability World and Dow Jones Sustainability STOXX Indexes.
The groups scored a result 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.
“This achievement demonstrates that for Fiat sustainability is a way of doing business which drives our daily decision making,” Sergio Marchionne, Chief Executive Officer of Fiat, commented. “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 Fiat 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, which allows cars to run on five different fuels, switching from one to another automatically.
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.