Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20 a
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- Provide a detailed account of the actions and resources implemented to achieve higher levels of resource efficiency in the use of technical and biological materials and water. Include specific references to critical raw materials and rare earths as identified in the Raw Materials Information System.
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Question Id: E5-2_01
Car makers consume large amounts of raw materials, and a conscientious planning of the manufacturing process is essential to the careful management of these resources. Among the most used materials in cars are lightweight elements such as aluminum, polymers, and to a lesser extent other metals (copper, titanium, platinum group, silicon, zinc, magnesium) elastomers, fluids, lithium, light rare earth elements.
Report Date: 4Q2024Relevance: 45%
- 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.
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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%