Ferrari
ESRS disclosure
Tags Tree
- Provide a detailed account of your non-renewable energy production, expressed in megawatt-hours (MWh), as part of the disclosure requirement E1-5 concerning energy consumption and mix. Ensure this information is disaggregated and distinctly separated from renewable energy production data, where applicable.
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Question Id: E1-5_16
The total self-produced non-renewable energy in 2024 is 64,781 MWh.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of your renewable energy production, expressed in megawatt-hours (MWh), as part of the disclosure requirement E1-5 concerning energy consumption and mix. Ensure that this information is disaggregated and reported separately from non-renewable energy production, where applicable.
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Question Id: E1-5_17
The total self-produced renewable energy in 2024 is 3,897 MWh.
Report Date: 4Q2024Relevance: 50%
- Provide the energy intensity data, calculated as total energy consumption per net revenue, for activities within high climate impact sectors.
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Question Id: E1-5_18
The energy intensity in 2024 is 0.062 MWh/€ thousand.
Report Date: 4Q2024Relevance: 50%
- Provide the reconciliation to the relevant line item or notes in the financial statements for the net revenue amount derived from activities within high climate impact sectors, as required for calculating energy intensity.
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Question Id: E1-5_21
In 2024, the net revenues are reported as €6,677 million, compared to €4,271 million in 2021, showing a 56% increase. The GHG intensity for all scopes location-based is 158.9 tCO2eq/€ million, and for market-based, it is 154.7 tCO2eq/€ million, indicating a decrease of 31% and 32% respectively from the base year 2021.
Report Date: 4Q2024Relevance: 45%
- Provide the total greenhouse gas emissions, expressed in metric tonnes of CO2 equivalent, for Gross Scopes 1, 2, and 3, as well as the overall total GHG emissions, in accordance with Disclosure Requirement E1-6.
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Question Id: E1-6_01
Total Scope 1 emissions: 65,338 tCO2eq Total Scope 2 emissions (location-based): 28,091 tCO2eq Total Scope 2 emissions (market-based): 598 tCO2eq Total Scope 3 emissions: 967,182 tCO2eq Total Emissions (location-based): 1,060,611 tCO2eq Total Emissions (market-based): 1,033,116 tCO2eq
Report Date: 4Q2024Relevance: 90%
- Provide a comprehensive disclosure of the company's total greenhouse gas emissions, categorized under Scopes 1, 2, and 3, in accordance with both financial and operational control frameworks. Present this data in a tabular format, ensuring clarity and precision in the representation of each scope's contribution to the overall emissions profile.
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Question Id: E1-6_02
Scope 2024 Operational control only 2024 Financial control 2024 Scope 1 102 65,236 65,338 Scope 2 (location-based) 196 27,895 28,091 Scope 2 (market-based) — 598 598 Scope 3 — 967,182 967,182 Total Emissions (location-based) 298 1,060,313 1,060,611 Total Emissions (market-based) 102 1,033,016 1,033,118 Report Date: 4Q2024Relevance: 85%
- Provide a detailed disaggregation of your company's greenhouse gas (GHG) emissions. This disaggregation should be categorized by country, operating segments, economic activity, subsidiary, GHG category (including CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, and any other GHGs considered by your company), or source type (such as stationary combustion, mobile combustion, process emissions, and fugitive emissions). Ensure that this information aligns with the guidance outlined in ESRS 1 chapter 3.7, and note that a quantification of financial effects from opportunities is not required if it does not meet the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
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Question Id: E1-6_03
In 2024, our Scope 1 GHG emissions decreased by 28% compared to 2021, mainly due to the shutdown of the trigeneration plant in Maranello. Our Scope 2 (market-based method) GHG emissions decreased by 70 percent compared to 2021 as we continued to purchase Guarantee of Origin certificates for renewable energy for our production plants in Maranello and Modena, and for the Mugello circuit. Since 2024, we have included the museums and the Italian stores in the list of locations covered by Guarantee of Origin certificates. Our Scope 2 (location-based method) GHG emissions increased due to the gradual shift from natural gas to electricity in our production plants.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the anticipated financial effects arising from material physical and transition risks, as well as potential climate-related opportunities. Ensure that the disclosure aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. When calculating gross Scope 3 GHG emissions, identify and disclose significant Scope 3 categories based on the magnitude of their estimated GHG emissions. Utilize criteria from the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (Version 2011, p. 61 and 65-68) or EN ISO 14064-1:2018 Annex H.3.2, including financial spend, influence, related transition risks and opportunities, or stakeholder views.
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Question Id: E1-6_04
In our decarbonization strategy, we focus on our direct emissions as well as on our indirect upstream and downstream Scope 3 GHG emissions. We believe that concentrating solely on the vehicle use phase is not enough, so in line with our holistic approach, we need to continue to focus on raw materials. Constant dialogue with partners in the supply chain is key to identifying innovative approaches to further reduce GHG emissions. Starting from 2023, together with our logistics partners we introduced for the first time Hydrotreated Vegetable Oil (HVO) fuel in most of our European outbound logistics on road. On average this allows us to reduce our GHG emissions for this sub-category by 80%. This ongoing initiative will continue in the coming years, with the number of routes involved increasing in 2024 compared to 2023, resulting in further reductions in GHG emissions. No significant operational or capital expenditures have been allocated to this action in 2024 or are planned for the future.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the anticipated financial effects resulting from material physical and transition risks, as well as potential climate-related opportunities, in accordance with Disclosure Requirement E1-9. Note that quantification of financial effects from opportunities is not mandatory if it fails to align with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. Additionally, present the Scope 3 GHG emissions, ensuring they are categorized according to the indirect emission categories specified in EN ISO 14064-1:2018.
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Question Id: E1-6_05
In our decarbonization strategy, we focus on our direct emissions as well as on our indirect upstream and downstream Scope 3 GHG emissions. We believe that concentrating solely on the vehicle use phase is not enough, so in line with our holistic approach, we need to continue to focus on raw materials. Constant dialogue with partners in the supply chain is key to identifying innovative approaches to further reduce GHG emissions. Starting from 2023, together with our logistics partners we introduced for the first time Hydrotreated Vegetable Oil (HVO) fuel in most of our European outbound logistics on road. On average this allows us to reduce our GHG emissions for this sub-category by 80%. This ongoing initiative will continue in the coming years, with the number of routes involved increasing in 2024 compared to 2023, resulting in further reductions in GHG emissions. No significant operational or capital expenditures have been allocated to this action in 2024 or are planned for the future.
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive disclosure of the total greenhouse gas (GHG) emissions, disaggregated by Scopes 1, 2, and 3, across the entire value chain, including upstream, own operations, transport, and downstream activities. Ensure that this information aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. Additionally, while quantification of financial effects from opportunities is not mandatory if it does not meet these qualitative characteristics, graphical representation of the GHG emissions distribution, such as bar or pie charts, is encouraged within the sustainability statement.
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Question Id: E1-6_06
Scope 2024 Operational control only 2024 Financial control 2024 Scope 1 102 65,236 65,338 Scope 2 (location-based) 196 27,895 28,091 Scope 2 (market-based) — 598 598 Scope 3 — 967,182 967,182 Total Emissions (location-based) 298 1,060,313 1,060,611 Total Emissions (market-based) 102 1,033,016 1,033,118 Report Date: 4Q2024Relevance: 65%