Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 14
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- Does the undertaking identify any material prior period errors as outlined in ESRS 1, section 7.5, regarding reporting errors in prior periods, and if so, what disclosures are provided in relation to these errors?
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Question Id: E1-1_01
No material prior period errors are identified or disclosed.
Report Date: 4Q2024Relevance: 75%
- Provide a detailed explanation of how the newly established baseline value influences the revised target, its attainment, and the depiction of progress over time. Ensure that any changes to the baseline value or base year are justified by significant alterations in either the target or the reporting boundary. Additionally, confirm that the selected base year for new targets does not precede the first reporting year of the new target period by more than three years, to maintain comparability.
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Question Id: E1-4_21
We set targets considering the journey to electrification of our plants, including the phase-out of our trigenerator, and the assumptions of the product mix presented during our 2022 Capital Markets Day (CMD), and there was no other specific assumption regarding the evolution of the external context. The targets in the table below are obtained by transforming the CMD 2022 intensity targets into absolute targets based on the 2024 deliveries (13,752). Given that we plan to develop our new business plan in 2025, we are currently reviewing these targets.
Report Date: 4Q2024Relevance: 60%