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 the intensity value of Scope 1 Greenhouse gas emissions reduction as part of the disclosure requirement E1-4 concerning targets related to climate change mitigation and adaptation. If your organization has established GHG emission reduction targets, disclose these targets in absolute terms, either in tonnes of CO2 equivalent or as a percentage relative to a base year's emissions, and include the intensity value where applicable.
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Question Id: E1-4_08
In 2024, the GHG intensity (All Scopes location-based) is 158.9 tCO2eq/€ million, which is a 31% reduction from the base year 2021 value of 231.2 tCO2eq/€ million.
Report Date: 4Q2024Relevance: 75%