Provide a detailed explanation of the time horizons applied in your resilience analysis, ensuring alignment with the climate and business scenarios used to determine material physical and transition risks, as well as in setting GHG emissions reduction targets. This disclosure should correspond to the requirements outlined in paragraphs AR 11 to AR 12 and should be consistent with the information reported under Disclosure Requirement E1-4.

Question

Accepted Answer

For the analysis of physical risks, three different time horizons were considered:
Short term – from 0 to 2 years
Medium term – from 2 to 5 years
Long term – from 5 to 8 years (the value eight is an indicative value, for specific risks that we already consider, the time horizon could be longer).
In the Scenario Analysis, the short, medium, and long term were specifically considered until 2026, from 2026 to 2035, and from 2035 to 2050.

Ferrari

ESRS disclosure: E1.SBM-3_05

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