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 comprehensive disclosure of the anticipated financial effects stemming from material pollution-related risks and opportunities. Include any relevant contextual information, such as a description of material incidents and deposits where pollution has negatively impacted the environment or is expected to adversely affect the undertaking's financial cash flows, financial position, and financial performance across short-, medium-, and long-term time horizons. Additionally, assess the related products and services at risk over these time horizons, detailing the methodology for defining these risks, the estimation of financial amounts, and the critical assumptions employed.
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Question Id: E2-6_11
The SoC and SVHC used in our production process are mainly calculated considering the observed amounts used during the production process. Since primary data is not currently available for the categories excluded from the obligation to report to the competent authority pursuant to Legislative Decree No. 102 of 30 July 2020, we estimate the amounts of SoC leaving our facilities as products, or as part of products, and the 78 percent of SoC included in the category “Other hazard classes” of the SoC used during production or that are procured. We estimated these data based on the total amount purchased during the year, using a proxy sample amounting to 10 percent of total products containing those substances. Regarding the candidate list substances present in our cars, we calculate the amount taking into consideration the car configuration of the European and UK market and the number of shipments in 2024. This methodology is not validated by an external body.
Report Date: 4Q2024Relevance: 45%