Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d
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- 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.
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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 the reconciliation to the relevant line item or notes in the financial statements for the net revenue amount derived from activities within high climate impact sectors, as required for calculating energy intensity.
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Question Id: E1-5_21
In 2024, the net revenues are reported as €6,677 million, compared to €4,271 million in 2021, showing a 56% increase. The GHG intensity for all scopes location-based is 158.9 tCO2eq/€ million, and for market-based, it is 154.7 tCO2eq/€ million, indicating a decrease of 31% and 32% respectively from the base year 2021.
Report Date: 4Q2024Relevance: 45%