Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 b
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- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
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- ESRS S1Workforce Impact Disclosure
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- Provide a detailed account of the decarbonisation levers identified and the key actions planned within your transition plan for climate change mitigation. This should include references to your GHG emission reduction targets and climate change mitigation actions, as specified in Disclosure Requirements E1-4 and E1-3. Additionally, elucidate any changes anticipated in your product and service portfolio, as well as the adoption of new technologies within your operations or across the upstream and/or downstream value chain.
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Question Id: E1-1_03
Our decarbonization levers to reach Carbon Neutrality by 2030 include:
- Energy efficiency & use of renewable sources: Phasing out of our trigeneration plant by 2024, installation of photovoltaic panels since 2023.
- Our products: Launch of the first full electric Ferrari by 2025, engine production with 100% recycled alloy by 2026, use of recycled materials in our products ongoing.
- Carbon Avoidance: Purchase of Carbon Credits in partnership with ClimateSeed since 2022.
- Constant dialogue with partners: Introduction of Hydrotreated Vegetable Oil (HVO) fuel in our European outbound logistics on road since 2023, launch of the Green Dealer Award since 2023.
These actions are aligned with our targets to reduce Scope 1 and 2 emissions by 90% and Scope 3 emissions by 40% per car by 2030 compared to 2021.
Report Date: 4Q2024Relevance: 90%
- Provide a comprehensive disclosure of the total greenhouse gas (GHG) emissions, disaggregated by Scopes 1, 2, and 3, across the entire value chain, including upstream, own operations, transport, and downstream activities. Ensure that this information aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. Additionally, while quantification of financial effects from opportunities is not mandatory if it does not meet these qualitative characteristics, graphical representation of the GHG emissions distribution, such as bar or pie charts, is encouraged within the sustainability statement.
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Question Id: E1-6_06
Scope 2024 Operational control only 2024 Financial control 2024 Scope 1 102 65,236 65,338 Scope 2 (location-based) 196 27,895 28,091 Scope 2 (market-based) — 598 598 Scope 3 — 967,182 967,182 Total Emissions (location-based) 298 1,060,313 1,060,611 Total Emissions (market-based) 102 1,033,016 1,033,118 Report Date: 4Q2024Relevance: 65%