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%
- Provide a detailed explanation of how significant capital expenditures (CapEx) and operational expenditures (OpEx) necessary for implementing actions related to climate change policies are associated with the corresponding line items or notes in the financial statements.
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Question Id: E1-3_06
In 2024, the capital expenditure, including R&D and tooling, related to the development of electric vehicles amounted to approximately €236 million. The total expenditure for the next years is under review. No significant operational or capital expenditures have been allocated to certain actions in 2024 or are planned for the future.
Report Date: 4Q2024Relevance: 50%