Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 a
Tags Tree
- Provide a detailed description of whether and how your company's policies address the waste hierarchy, specifically focusing on prevention, preparing for re-use, recycling, other recovery such as energy recovery, and disposal. Ensure that waste treatment is not categorized as a recovery method.
-
Question Id: E5-1_03
Ferrari's policies address the waste hierarchy by focusing on recycling and preparation for reuse. In 2024, they have recycled 724 tons of hazardous waste and 5,681 tons of non-hazardous waste. They have also prepared 13 tons of non-hazardous waste for reuse. The total waste diverted from disposal is 6,418 tons. Waste treatment is categorized separately, with 597 tons of hazardous waste and 2,692 tons of non-hazardous waste directed to disposal.
Report Date: 4Q2024Relevance: 60%
- Provide detailed information regarding the collective actions undertaken by your company to engage with both upstream and downstream value chain partners, as well as your local network, in the development of collaborations or initiatives aimed at enhancing the circularity of products and materials. This disclosure should align with Disclosure Requirement E5-6, which addresses anticipated financial effects from material resource use and circular economy-related risks and opportunities, and should also consider the actions and resources outlined in Disclosure Requirement E5-2 concerning resource use and circular economy strategies.
-
Question Id: E5-2_07
Ferrari has been proactively promoting initiatives on alternative circular materials to evaluate the introduction of less environmentally impactful solutions. There is an ongoing dialogue with suppliers to find recycled material solutions to reduce emissions. The company aims to maintain the ISO 14001:2015 certification, which includes continuous improvement targets and KPIs for waste directed to recovery.
Report Date: 4Q2024Relevance: 68%