Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 c
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- Provide a detailed account of your organization's significant operational and capital expenditures necessary for the execution of your climate change mitigation transition plan, as outlined in Disclosure Requirement E1-1. This should include an explanation and quantification of investments and funding, referencing the key performance indicators of taxonomy-aligned capital expenditures, and, where applicable, the capital expenditure plans disclosed in accordance with Commission Delegated Regulation (EU) 2021/2178.
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Question Id: E1-1_04
In 2024, the capital expenditure, including R&D and tooling, related to the development of our electric vehicles amounted to approximately €236 million. Given that we plan to develop our new business plan in 2025, the total expenditure for the next years is under review.
Report Date: 4Q2024Relevance: 60%
- Has the reporting undertaking experienced any significant changes in the definition of what constitutes its entity and its upstream and downstream value chain? If so, provide a detailed disclosure of these changes and explain their impact on the year-to-year comparability of the reported Gross Scopes 1, 2, 3, and Total GHG emissions, specifically addressing the comparability between the current and previous reporting periods.
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Question Id: E1-6_14
In order to define which Scope 3 categories are significant for the Company, we carried out a significance analysis according to the indications of the ISO 14064-1:2018. Hereafter the Scope 3 categories reported: Category 3.1, Upstream transportation and distribution (similar to category 4 of the GHG Protocol): Transportation and distribution of products purchased between its tier 1 suppliers and its own operations (in vehicles and facilities not owned or controlled by Ferrari); Category 3.2, Downstream transportation and distribution (similar to category 9 of the GHG Protocol): Transportation and distribution of products sold between its operations and the end consumer, including retail and storage (in vehicles and facilities not owned or controlled by Ferrari); Category 3.3, Employee commuting (category 7 of the GHG Protocol): Transportation of employees between their homes and their worksites.
Report Date: 4Q2024Relevance: 30%