Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: E1-7_25
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- 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%