Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20f
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- 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%
- Provide a detailed description of the actions and resources allocated towards the optimization of waste management, ensuring alignment with the waste hierarchy, as stipulated under Disclosure Requirement E5-2 concerning resource use and circular economy.
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Question Id: E5-2_06
Total waste generated is 9,707 t, with non-recycled waste at 3,302 t (34.0%). Hazardous waste is 1,320 t (13.6%). Waste monitoring is conducted through a thorough analysis of all supporting documentation. Each month, an external waste intermediary provides a report detailing the previous month’s waste movements. This data is processed to classify waste into the appropriate categories defined by Legislative Decree 152/2006 and is recorded in the internal reporting system for effective tracking and analysis.
Report Date: 4Q2024Relevance: 60%