Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 c
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- Provide a detailed account of your organization's significant operational and capital expenditures necessary for the execution of your climate change mitigation transition plan, as outlined in Disclosure Requirement E1-1. This should include an explanation and quantification of investments and funding, referencing the key performance indicators of taxonomy-aligned capital expenditures, and, where applicable, the capital expenditure plans disclosed in accordance with Commission Delegated Regulation (EU) 2021/2178.
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Question Id: E1-1_04
In 2024, the capital expenditure, including R&D and tooling, related to the development of our electric vehicles amounted to approximately €236 million. Given that we plan to develop our new business plan in 2025, the total expenditure for the next years is under review.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the climate change mitigation actions undertaken and planned, categorized by decarbonisation lever, including the incorporation of nature-based solutions, as required under Disclosure Requirement E1-3 concerning actions and resources related to climate change policies.
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Question Id: E1-3_01
The decarbonization levers to reach Carbon Neutrality by 2030 include:
Energy efficiency & use of renewable sources energy:
- 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.
Report Date: 4Q2024Relevance: 85%