Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 e
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- Provide a detailed explanation of any objectives or plans related to capital expenditures (CapEx), capital expenditure plans (CapEx plans), and operational expenditures (OpEx) that your undertaking has formulated to align its economic activities, including revenues, CapEx, and OpEx, with the criteria set forth in Commission Delegated Regulation 2021/2139, as required under Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation.
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Question Id: E1-1_08
The EU Taxonomy identifies six environmental objectives, including climate change mitigation and adaptation. Taxonomy-aligned activities are those that comply with the requirements laid down in Article 3 of the Taxonomy Regulation. Our reporting requirements under Article 8 of the Taxonomy Regulation require non-financial undertakings to disclose information on the proportion of the turnover, capital expenditure, and operating expenditure of their activities related to assets or processes associated with environmentally sustainable economic activities.
Report Date: 4Q2024Relevance: 45%
- 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%