Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
Our decarbonization strategy is aligned with the trajectory 'well below 2°C' and entails a reduction of at least 90 percent of our Scope 1 and 2 (market-based method) absolute CO2eq emissions and a reduction of at least 40 percent of our Scope 3 emissions per car, with respect to 2021.
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive list of Scope 3 GHG emissions categories that are included in your inventory, along with a justification for any categories that have been excluded, as per the requirements outlined in Disclosure Requirement E1-9 regarding anticipated financial effects from material physical and transition risks and potential climate-related opportunities.
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Question Id: E1-6_27
Scope 3 Categories included:
- Category 3.1: Upstream transportation and distribution
- Category 3.2: Downstream transportation and distribution
- Category 3.3: Employee commuting
- Category 3.4: Business travel
- Category 4.1: Purchased goods
- Category 4.2: Capital Goods
- Category 4.5: Use of services
- Category 5.1: Use stage of products
- Category 6.1: Franchises
Categories not material (<5% of category):
- Category 4.3: Disposal of solid and liquid waste
- Category 4.4: Use of assets
- Category 5.2: Downstream leased assets
- Category 5.3: End-of-Life stage of products
- Category 5.4: Investments
Report Date: 4Q2024Relevance: 85%