Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 d
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- Provide a qualitative assessment of the potential locked-in greenhouse gas (GHG) emissions from your company's key assets and products. Explain whether and how these emissions could jeopardize the achievement of your GHG emission reduction targets and contribute to transition risk. Additionally, if applicable, describe your company's plans to manage its GHG-intensive and energy-intensive assets and products.
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Question Id: E1-1_07
We are aware that the transition to a climate-neutral economy could be slowed down by locked-in GHG emissions. Regarding Scope 1 and 2, certain processes cannot be converted to electricity yet. For Scope 3 downstream, the locked-in emissions depend on how the market will evolve in the coming years, in particular on the share of BEVs (Battery Electric Vehicle). However, it is important to point out that the higher the share of BEVs, the harder it is to reach the target set for Scope 3 upstream. We are developing plans to reduce emissions from downstream ICEs, and in particular, we are evaluating various technologies, including alternative fuels.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed account of the anticipated financial effects stemming from material physical and transition risks, as well as potential climate-related opportunities. Include a monetised evaluation of gross Scope 1, 2, and total GHG emissions, expressed in monetary units, as part of the disclosure on potential liabilities from material transition risks, as stipulated in paragraph 67(d). Ensure that the information aligns with the qualitative characteristics outlined in ESRS 1 Appendix B.
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Question Id: E1-9_28
GHG intensity (All Scopes location-based) [tCO2eq / € million] 158.9; GHG intensity (All Scopes market-based) [tCO2eq / € million] 154.7.
Report Date: 4Q2024Relevance: 10%