Ferrari
ESRS disclosure: ESRS E2 \ DR E2-3
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- Provide a detailed account of any site-level action plans that have been implemented to address pollution, including a description of material incidents and deposits where pollution has negatively impacted the environment or is anticipated to affect the company's financial cash flows, financial position, and financial performance across short-, medium-, and long-term horizons. This information should align with the undertaking's pollution-related policy objectives and targets.
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Question Id: E2-2_04
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
In case no substitute material is available, substances of concern or very high concern are accepted under specific preventive measures. In this context, workers are protected from exposure and contact with hazardous substances through the implementation of closed cycles (processes or systems designed to minimize their exposure). These ensure that the use or transfer of hazardous materials occurs in sealed or controlled environments, reducing the risk of leaks, contamination or accidental exposure. Closed cycles aim at increasing safety for operators, reducing risk of incidents and reducing environmental impacts. These actions pertain to Ferrari production facilities (Ferrari S.p.A.) and have been already implemented in all processes where possible, and will remain in effect long-term, with regular quality checks as needed. In 2024, we implemented a closed cycle to manage cumene in our foundry. We aim to minimize the number of exposed workers and reduce the duration and intensity of workers’ exposure to the lowest technically possible value. No significant operational or capital expenditures have been allocated to these actions in 2024 or are planned for the future.
Report Date: 4Q2024Relevance: 60%
- Indicate whether and how your targets relate to the prevention and control of air pollutants and their respective specific loads, as required by Disclosure Requirement E2-3.
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Question Id: E2-3_01
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
Report Date: 4Q2024Relevance: 60%
- Indicate whether and how your targets relate to the prevention and control of emissions to water and respective specific loads, as required by Disclosure Requirement E2-3 concerning targets related to pollution.
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Question Id: E2-3_02
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
Report Date: 4Q2024Relevance: 60%
- Indicate whether and how your targets relate to the prevention and control of pollution to soil and respective specific loads, as per Disclosure Requirement E2-3.
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Question Id: E2-3_03
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set. Additionally, according to the procedures described above, we have put in place specific processes to monitor and track their right application also through periodic audits carried out by the Environmental and Energy and the Health & Safety teams. The results of the audits are recorded on a specific form and sent to all those in charge. The closure of anomalies and the verification of effectiveness are recorded and monitored by the Environment and Energy Department on a specific summary file.
Report Date: 4Q2024Relevance: 60%
- Indicate whether and how your targets relate to the prevention and control of substances of concern and substances of very high concern, as required by Disclosure Requirement E2-3 regarding pollution targets.
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Question Id: E2-3_04
We are aware of our potential impacts generated by the unlawful usage of substances of concern and substances of very high concern. For this reason and in compliance with the applicable laws and regulations (CE/1907/2006 – REACH regulation), we have defined strict procedures on the management of these substances. The Environmental Practice sets out key principles to manage IROs such as compliance with applicable regulatory and legal requirements, a periodic and systematic establishment of improvement objectives and their monitoring and measurement through KPIs, the development of products that meet customers’ needs while ensuring respect for the environment, and the adoption of the best available technologies for the efficiency of production processes and the reduction of environmental impacts. These principles include pollution prevention.
Report Date: 4Q2024Relevance: 65%
- Has the undertaking considered ecological thresholds, such as biosphere integrity, stratospheric ozone depletion, atmospheric aerosol loading, soil depletion, and ocean acidification, along with entity-specific allocations, when establishing pollution-related targets? If affirmative, provide detailed specifications.
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Question Id: E2-3_05
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set.
Report Date: 4Q2024Relevance: 40%
- Has your organization identified any ecological thresholds, such as those related to biosphere integrity, stratospheric ozone depletion, atmospheric aerosol loading, soil depletion, or ocean acidification, when setting pollution-related targets? If so, provide a detailed disclosure of the identified ecological thresholds and the methodology employed to determine these thresholds.
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Question Id: E2-3_06
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed account of whether ecological thresholds, such as biosphere integrity, stratospheric ozone depletion, atmospheric aerosol loading, soil depletion, and ocean acidification, were considered in setting pollution-related targets. Specify if these thresholds are entity-specific and elaborate on the methodology used to determine them.
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Question Id: E2-3_07
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set.
Report Date: 4Q2024Relevance: 30%
- Specify how responsibility for respecting identified ecological thresholds, such as biosphere integrity, stratospheric ozone-depletion, atmospheric aerosol loading, soil depletion, and ocean acidification, is allocated within the undertaking when setting pollution-related targets.
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Question Id: E2-3_08
The most senior level accountable for the implementation of the procedures is the Chief Technologies and Infrastructures Officer.
Report Date: 4Q2024Relevance: 50%
- Specify whether the pollution-related targets set and presented by your undertaking are mandatory, as required by legislation, or voluntary, as part of the contextual information.
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Question Id: E2-3_09
We have implemented best practices to avoid or minimize the risk of harm in managing substances of concern and substances of very high concern, even though no specific pollution-related target has been set.
Report Date: 4Q2024Relevance: 30%