Fiat Enters ASPI Eurozone Index

Fiat S.p.A. learned late last week it is now a member of the ASPI Eurozone Index, following recent confirmation of its inclusion in the Dow Jones World and Europe Sustainability Indices in addition to the Global 500 Carbon Disclosure Leadership Index (CDLI) and Carbon Performance Leadership Index (CPLI).
OEM officials believe this latest recognition of the group’s sustainability performance provides further testimony that its commitment to society and the environment is perfectly integrated with its financial objectives and business approach.
Fiat recapped the ASPI Eurozone index includes the 120 best companies in the Eurozone selected on the basis of research conducted by VIGEO, a European leader in assessing companies based on their social, environmental and governance practice and performance.
The six areas analyzed are: environment, human rights, human resources, business behavior, community involvement and corporate governance.
Officials went on to mention the Advanced Sustainability Performance Eurozone Index is recognized as one of the leading sustainability indices and is used by the growing community of socially responsible investors to define sustainable investment universes, to benchmark their investment performance or to create index-linked products.
Marchionne Awarded Global Leadership Award by Business Council for International Understanding
In related news, the Business Council for International Understanding (BCIU) awarded Sergio Marchionne, chairman and chief executive officer of Chrysler Group and CEO of Fiat S.p.A., with the Dwight D. Eisenhower Global Leadership Award at its annual Global Awards Gala at the New York Public Library.
“By giving this award, BCIU is recognizing more than 250,000 men and women around the world who have worked to restore the pride and credibility of Chrysler Group, Fiat and Fiat Industrial, and who continue to do so with a renewed sense of purpose and passion,” Marchionne stated.
“The essence of leadership, when all is said and done, is the personal assumption of the moral duty to be proactive in building our future. It is this that makes leadership a privilege and a sacred trust,” he continued.
Since 2003, the Global Leadership Award has been given to business executives who exemplify the definition of an international business leader by exhibiting outstanding contributions to global commerce.
Official contend Marchionne extends a distinguished roster of BCIU’s Global Leadership Award recipients, which includes Jeffrey Immelt, chairman and CEO of General Electric; Mukesh Ambani, chairman and managing director of Reliance Industries Limited; His Royal Highness Prince Alwaleed Bin Talal, chairman of Kingdom Holding Co.; Jake Eberts, film financier and producer; Charles Phillips Jr., president of Oracle; France president Nicolas Sarkozy; Lord John Browne, group executive of BP p.l.c.; Raymond Gilmartin, chairman and CEO of Merck & Co.; Lee Raymond, chairman and CEO of Exxon Mobil Corp; and the 2007 recipient and the award presenter for the evening, Lakshmi Mittal, chairman and CEO of ArcelorMittal.
“Mr. Marchionne’s bold approach and can-do mindset are exemplary characteristics of a visionary business leader,” insisted Peter Tichansky, president and CEO of BCIU.
“His accomplishments at Chrysler Group and Fiat are a testament to a CEO who can meet a company’s biggest challenges while paying attention to the tiniest details and quality of its products. His determination has fueled the transformation of legendary brands and put them firmly on the road to recovery,” Tichansky added.
And in November, Marchionne was also awarded with the Deming Cup from Columbia Business School’s W. Edwards Deming Center for Quality, Productivity and Competitiveness at Columbia University’s Low Memorial Library in New York City.
The Deming Cup is an annual prize, awarded for the first time in 2010, recognizing world leaders who make outstanding contributions in operational excellence and foster continuous cultural improvements in their organization.