Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
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- ESRS S1Workforce Impact Disclosure
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
Our decarbonization strategy defined in 2022 is aligned with the trajectory 'well below 2°C' in order to contribute to ambitions at the international, national and regional level, such as the Paris Agreement. In this context, our most significant environmental efforts are deployed through a program for the reduction of polluting and GHG emissions, both direct and indirect.
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%