Ferrari
ESRS disclosure: ESRS E2 \ DR E2-1 \ Paragraph 15 b
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- 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%
- Provide a detailed account of the anticipated financial effects stemming from significant pollution-related risks and opportunities. This should include a monetary quantification of these effects prior to any pollution-related interventions, unless such quantification is unfeasible without incurring undue cost or effort. In cases where financial effects arise from opportunities, a quantitative disclosure is not mandatory if it compromises the qualitative characteristics of the information, as outlined in ESRS 1 Appendix B.
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Question Id: E2-6_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. Additionally, and 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: 30%