Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15a
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- Does the undertaking's policy address transitioning away from the use of virgin resources, and if so, how does it incorporate the relative increase in the use of secondary (recycled) resources?
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Question Id: E5-1_01
Ferrari's policy addresses transitioning away from the use of virgin resources by recycling aluminum scraps and using secondary alloy from recycled processes. They aim to reduce the use of virgin material by focusing on secondary alloy from recycled processes and reducing quarry-derived resources. Additionally, they plan to introduce 100 percent recycled aluminum alloy for their engines by 2026, which is expected to reduce CO2 emissions by around 80 percent.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed account of how your organization applies circular design principles, specifically focusing on actions and resources that enhance product durability and optimize usage. Include information on how these efforts contribute to increased rates of reuse, repair, refurbishing, remanufacture, repurposing, and recycling.
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Question Id: E5-2_03
Ferrari has embraced circular economy principles by designing products with durability, reparability, and recyclability in mind. Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history. The substitution of spare parts throughout a car’s lifespan is driven by clients’ demand for parts to personalize their cars and maximize performance, ensuring and guaranteeing the reparability of products.
Report Date: 4Q2024Relevance: 80%