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 the total amount of carbon credits, measured in metric tonnes of CO2 equivalent, that are outside the undertaking's value chain, verified against recognized quality standards, and cancelled during the reporting period, as required by Disclosure Requirement E1-7 on GHG removals and GHG mitigation projects financed through carbon credits.
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Question Id: E1-7_10
During 2024, we cancelled 77,691 tCO2eq of carbon credits.
Report Date: 4Q2024Relevance: 85%