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%
- Has the undertaking established GHG emission reduction targets? If so, disclose these targets in absolute terms, either in tonnes of CO2 equivalent or as a percentage relative to a base year. Additionally, provide the intensity value of location-based Scope 2 Greenhouse gas emissions reduction, where applicable.
-
Question Id: E1-4_11
Our Scope 2 (location-based method) GHG emissions increased due to the gradual shift from natural gas to electricity in our production plants.
Report Date: 4Q2024Relevance: 25%