Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
Our decarbonization strategy is aligned with the trajectory 'well below 2°C' and entails a reduction of at least 90 percent of our Scope 1 and 2 (market-based method) absolute CO2eq emissions and a reduction of at least 40 percent of our Scope 3 emissions per car, with respect to 2021.
Report Date: 4Q2024Relevance: 60%
- To what extent does your company's ability to implement actions related to climate change policies depend on the availability and allocation of resources? Provide an explanation in accordance with Disclosure Requirement E1-3, considering the ongoing access to finance and its impact on adjustments to supply/demand changes, acquisitions, and significant R&D investments.
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Question Id: E1-3_05
The implementation of the decarbonization strategy depends on regulatory and technological aspects. From a financial point of view, the company uses its own resources and is constantly informed about externally available funding.
Report Date: 4Q2024Relevance: 60%