Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
Our decarbonization strategy defined in 2022 is aligned with the trajectory 'well below 2°C' in order to contribute to ambitions at the international, national and regional level, such as the Paris Agreement. In this context, our most significant environmental efforts are deployed through a program for the reduction of polluting and GHG emissions, both direct and indirect.
Report Date: 4Q2024Relevance: 60%
- Provide an explanation regarding the credibility and integrity of the carbon credits utilized, particularly in instances where public claims of GHG neutrality have been made. This explanation should reference recognized quality standards as part of Disclosure Requirement E1-7 concerning GHG removals and GHG mitigation projects financed through carbon credits.
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Question Id: E1-7_25
Beyond Verra’s project certification, ClimateSeed has developed a comprehensive Project Evaluation Framework that assesses all critical dimensions of a project, including additionality, permanence, leakage, social safeguards and rights, benefit-sharing structures, biodiversity impacts, and co-benefits aligned with the Sustainable Development Goals (SDGs). ClimateSeed’s Project Evaluation Framework provides a thorough, multidimensional analysis, highlighting each project’s strengths and potential risks. This approach enables informed decision-making and ensures the highest standards of environmental and social integrity.
Report Date: 4Q2024Relevance: 85%