Ferrari
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 f
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- Provide a disclosure of significant capital expenditures invested during the reporting period in coal-related economic activities, as required by Disclosure Requirement E1-1 – Transition plan for climate change mitigation, paragraph 14.
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Question Id: E1-1_09
Ferrari is not involved in coal, oil, and gas-related activities.
Report Date: 4Q2024Relevance: 75%
- Provide a disclosure of the significant capital expenditures (CapEx) amounts invested during the reporting period that are associated with oil-related economic activities, as required under Disclosure Requirement E1-1 concerning the transition plan for climate change mitigation, if applicable.
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Question Id: E1-1_10
Ferrari is not involved in coal, oil, and gas-related activities.
Report Date: 4Q2024Relevance: 75%
- Has your company identified any assets and business activities that are incompatible with or require significant efforts to align with the transition to a climate-neutral economy? If so, please provide a detailed explanation of the processes used to identify these transition risks and opportunities, including any challenges related to significant locked-in greenhouse gas emissions or incompatibility with the requirements for Taxonomy-alignment as per Commission Delegated Regulation (EU) 2021/2139.
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Question Id: E1.IRO-1_14
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: 65%