Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.

Question

Accepted Answer

Our decarbonization levers to reach Carbon Neutrality by 2030 include:
Energy efficiency & use of renewable sources: Phasing out of our trigeneration plant by 2024, installation of photovoltaic panels since 2023.
Our products: Launch of the first full electric Ferrari by 2025, engine production with 100% recycled alloy by 2026, use of recycled materials in our products ongoing.
Carbon Avoidance: Purchase of Carbon Credits in partnership with ClimateSeed since 2022.
Constant dialogue with partners: Introduction of Hydrotreated Vegetable Oil (HVO) fuel in our European outbound logistics on road since 2023, launch of the Green Dealer Award since 2023.
These actions are aligned with our targets to reduce Scope 1 and 2 emissions by 90% and Scope 3 emissions by 40% per car by 2030 compared to 2021.

Ferrari

ESRS disclosure: E1-1_03

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