Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d
Tags Tree
- Provide a qualitative assessment of the potential locked-in greenhouse gas (GHG) emissions from your company's key assets and products. Explain whether and how these emissions could jeopardize the achievement of your GHG emission reduction targets and contribute to transition risk. Additionally, if applicable, describe your company's plans to manage its GHG-intensive and energy-intensive assets and products.
-
Question Id: E1-1_07
We are aware that the transition to a climate-neutral economy could be slowed down by locked-in GHG emissions. Regarding Scope 1 and 2, certain processes cannot be converted to electricity yet. For Scope 3 downstream, the locked-in emissions depend on how the market will evolve in the coming years, in particular on the share of BEVs (Battery Electric Vehicle). However, it is important to point out that the higher the share of BEVs, the harder it is to reach the target set for Scope 3 upstream. We are developing plans to reduce emissions from downstream ICEs, and in particular, we are evaluating various technologies, including alternative fuels.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed explanation of how significant capital expenditures (CapEx) and operational expenditures (OpEx), necessary for implementing actions taken or planned, relate to the key performance indicators as mandated by Commission Delegated Regulation (EU) 2021/2178, in accordance with Disclosure Requirement E1-3 concerning actions and resources in relation to climate change policies.
-
Question Id: E1-3_07
The EU Taxonomy requires non-financial undertakings to disclose information on the proportion of turnover, capital expenditure, and operating expenditure of their activities related to assets or processes associated with environmentally sustainable economic activities.
Report Date: 4Q2024Relevance: 60%