Ferrari
ESRS disclosure
Tags Tree
- Provide the quantified data regarding the amount of substances of very high concern that are emitted from facilities, categorized by the primary hazard classes of these substances, as per Disclosure Requirement E2-5 concerning substances of concern and substances of very high concern.
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Question Id: E2-5_10
The total amount of substances of very high concern (SVHC) leaving facilities as product, or part of product, is 175,983 kg.
Report Date: 4Q2024Relevance: 50%
- Provide the quantified data regarding the amount of substances of very high concern that exit the facilities as products, categorized by the primary hazard classes of these substances.
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Question Id: E2-5_11
The total amount of substances of very high concern (SVHC) leaving facilities as product, or part of product, is 175,983 kg.
Report Date: 4Q2024Relevance: 50%
- Provide the amount of substances of very high concern that leave your facilities as part of products, categorized by the main hazard classes of these substances.
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Question Id: E2-5_12
The total amount of substances of very high concern (SVHC) leaving facilities as product, or part of product, is 175,983 kg.
Report Date: 4Q2024Relevance: 50%
- Provide detailed information regarding the amount of substances of very high concern that exit your facilities as services, categorized by the primary hazard classes of these substances.
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Question Id: E2-5_13
The total amount of substances of very high concern (SVHC) leaving facilities as product, or part of product, is 175,983 kg.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the anticipated financial effects stemming from significant pollution-related risks and opportunities. This should include a monetary quantification of these effects prior to any pollution-related interventions, unless such quantification is unfeasible without incurring undue cost or effort. In cases where financial effects arise from opportunities, a quantitative disclosure is not mandatory if it compromises the qualitative characteristics of the information, as outlined in ESRS 1 Appendix B.
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Question Id: E2-6_07
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, and according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
Report Date: 4Q2024Relevance: 30%
- Provide a comprehensive description of the effects considered, the associated impacts, and the anticipated time horizons in which these pollution-related risks and opportunities are likely to materialize, as per Disclosure Requirement E2-6.
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Question Id: E2-6_08
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, and according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
Report Date: 4Q2024Relevance: 40%
- Provide a detailed account of the critical assumptions utilized to quantify the anticipated financial effects stemming from material pollution-related risks and opportunities. Include the sources and level of uncertainty associated with these assumptions.
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Question Id: E2-6_09
The SoC and SVHC used in our production process are mainly calculated considering the observed amounts used during the production process. Since primary data is not currently available for the categories excluded from the obligation to report to the competent authority pursuant to Legislative Decree No. 102 of 30 July 2020, we estimate the amounts of SoC leaving our facilities as products, or as part of products, and the 78 percent of SoC included in the category “Other hazard classes” of the SoC used during production or that are procured. We estimated these data based on the total amount purchased during the year, using a proxy sample amounting to 10 percent of total products containing those substances. Regarding the candidate list substances present in our cars, we calculate the amount taking into consideration the car configuration of the European and UK market and the number of shipments in 2024. This methodology is not validated by an external body.
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive disclosure of the anticipated financial effects stemming from material pollution-related risks and opportunities. Include any relevant contextual information, such as a description of material incidents and deposits where pollution has negatively impacted the environment or is expected to adversely affect the undertaking's financial cash flows, financial position, and financial performance across short-, medium-, and long-term time horizons. Additionally, assess the related products and services at risk over these time horizons, detailing the methodology for defining these risks, the estimation of financial amounts, and the critical assumptions employed.
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Question Id: E2-6_11
The SoC and SVHC used in our production process are mainly calculated considering the observed amounts used during the production process. Since primary data is not currently available for the categories excluded from the obligation to report to the competent authority pursuant to Legislative Decree No. 102 of 30 July 2020, we estimate the amounts of SoC leaving our facilities as products, or as part of products, and the 78 percent of SoC included in the category “Other hazard classes” of the SoC used during production or that are procured. We estimated these data based on the total amount purchased during the year, using a proxy sample amounting to 10 percent of total products containing those substances. Regarding the candidate list substances present in our cars, we calculate the amount taking into consideration the car configuration of the European and UK market and the number of shipments in 2024. This methodology is not validated by an external body.
Report Date: 4Q2024Relevance: 45%
- Provide a detailed description of the processes your company employs to identify and assess material pollution-related impacts, risks, and opportunities. Specify whether your company has conducted a screening of its site locations and business activities to identify actual and potential pollution-related impacts, risks, and opportunities within its own operations and throughout its upstream and downstream value chain. Additionally, outline the methodologies, assumptions, and tools utilized in this screening process.
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Question Id: E2.IRO-1_01
Ferrari is aware of potential impacts generated by the unlawful usage of substances of concern and substances of very high concern. They have defined strict procedures on the management of these substances. The Environmental Practice sets out key principles to manage IROs such as compliance with applicable regulatory and legal requirements, periodic and systematic establishment of improvement objectives, and their monitoring and measurement through KPIs. During the year, Ferrari conducted a screening on their site locations and business activities to assess and evaluate pollutants and substances of concern and very high concern. Additionally, during their materiality analysis, they considered the impacts on their entire value chain, although they have not carried out consultations with affected communities on this topic. The main objective of the 'Approval of auxiliary and direct materials, storage management' procedure is to define how materials are acquired and used by employees, ensuring health and safety and environmental risks are assessed and prevented before their entrance within the perimeter of production sites. This procedure applies to production sites and all employees and non-employees. It aims at preventing impacts and risks, as well as managing opportunities, such as potential contribution to pollution due to substances of concern and substances of very high concern. Specific rules are set for storage and handling of hazardous substances as well as the periodic monitoring and control of usage area and methods to prevent incidents and emergency situations.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the processes employed to identify and assess material pollution-related impacts, risks, and opportunities. Include specific information on whether and how consultations have been conducted, particularly with affected communities.
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Question Id: E2.IRO-1_02
Ferrari conducted a screening on their site locations and business activities to assess and evaluate pollutants and substances of concern and very high concern. During their materiality analysis, they considered the impacts on their entire value chain. However, they have not carried out consultations with affected communities on this topic.
Report Date: 4Q2024Relevance: 70%