Chrysler 2009 Annual Report Download - page 27

THE GROUP
AT A GLANCE
A RESPONSIBLE
COMMITMENT
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A RESPONSIBLE COMMITMENT
In September, in acknowledgement of the integral role that sustainability has in its daily approach to business,
Fiat S.p.A. was recognised as a Sustainability leader and admitted to the Dow Jones Sustainability World and
Dow Jones Sustainability STOXX Indexes, receiving a score of 90/100 (compared with the average 72/100 for
its sector) from SAM, the investment group specialised in sustainability investing.
The DJSI World and DJSI STOXX, the most prestigious equity indexes, only admit companies that excel
in managing their businesses from an economic as well as social and environmental perspective. Fiat was
recognised as best-in-class in the economic dimension and, for the environmental and social dimensions,
obtained the maximum score for reporting, responsible product management, climate change strategy,
management of human capital, activities for local communities and stakeholder engagement.
In addition, Fiat received the Sector Mover and Gold Class distinctions from SAM. For 2009, Fiat had the best
relative improvement in sustainability performance within the automobile sector (SAM Sector Mover) and the
gap with the sector leader was less than 5% (SAM Gold Class).
While this is a major achievement, we don’t consider it the final objective: Fiat remains committed to maintaining
high standards and improving performance and, in so doing, contributing to the creation of long-term value for
all stakeholders.
Senior management is actively involved in the Group’s commitment to sustainability. The Group Executive
Council (GEC) - the decision-making body headed by the Chief Executive Officer of Fiat S.p.A. and the CEOs of
the operating Sectors and certain heads of function - defines the strategic approach, approves the guidelines
and Sustainability Plan and is periodically informed on the Group’s overall performance. As further confirmation
of that commitment, in 2009 the Nominating and Corporate Governance Committee was also assigned
responsibility for sustainability issues and renamed the Nominating, Corporate Governance and Sustainability
Committee. The Committee evaluates proposals related to strategic guidelines on sustainability-related issues,
presenting opinions to the Board of Directors, as necessary, and reviewing the annual Sustainability Report.
Every year, the Fiat Group prepares a Sustainability Report to communicate its most significant activities in
the area of economic, environmental and social responsibility to stakeholders and, through the Strategic
Sustainability Plan, provides a status report of those activities and establishes new targets to ensure continued
improvement of its performance.
Fully aware that development and growth only have value if they are sustainable, in 2009 the Group continued the
process of making social and environmental considerations an integrated part of its business strategy.