Ferrari
ESRS disclosure: ESRS E2 \ DR E2-1
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- Indicate whether and how your policies address mitigating negative impacts related to pollution of air, water, and soil, including prevention and control, within your own operations and across your upstream and downstream value chain.
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Question Id: E2-1_01
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%
- Does the undertaking's policy address substituting and minimizing the use of substances of concern, and phasing out substances of very high concern, particularly for non-essential societal use and in consumer products, within its own operations and its upstream and downstream value chain?
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Question Id: E2-1_02
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. Where substitution is not possible, a derogation process must be initiated in accordance with the provisions of the procedure “CMR mixture/substances derogation”. According to this procedure, we require users to seek a non-hazardous substitute material and specific prevention and protection measures are put into place.
Report Date: 4Q2024Relevance: 85%
- Does the undertaking's policy framework encompass measures for preventing incidents and emergency situations, and, in the event of their occurrence, outline strategies for controlling and mitigating their impact on both people and the environment within its operations and across its value chain?
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Question Id: E2-1_03
The main objective of the “Approval of auxiliary and direct materials, storage management” procedure is to define how materials, such as auxiliary and direct chemicals (articles, substances and preparation/mixtures), are acquired and used by employees. This ensures that all health and safety and environmental risks associated with these materials are evaluated and prevented before their entrance within the perimeter of our production sites. The procedure applies to our production sites and to all employees and non-employees. This procedure aims at preventing impacts and risks, as well as managing opportunities, such as our potential contribution to pollution due to substances of concern and substances of very high concern. Moreover, the procedure aims to avoid incidents and emergency situations, and, if they do occur, to control and limit their impact on people and the environment.
Report Date: 4Q2024Relevance: 85%
- Does the undertaking disclose any relevant contextual information regarding material incidents and deposits where pollution has negatively impacted the environment or is expected to affect the undertaking's financial cash flows, financial position, and financial performance across short-, medium-, and long-term horizons? Additionally, does the undertaking specify whether the target addresses shortcomings related to the Substantial Contribution criteria for Pollution Prevention and Control as defined in delegated acts pursuant to Article 14(2) of Regulation (EU) 2020/852? Furthermore, if the Do No Significant Harm (DNSH) criteria for Pollution Prevention and Control, as outlined in delegated acts pursuant to Articles 10(3), 11(3), 12(2), 13(2), and 15(2) of Regulation (EU) 2020/852, are not met, does the undertaking specify whether the target addresses shortcomings related to those DNSH criteria?
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Question Id: E2-3_10
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%