Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20b
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- Provide a detailed account of the actions and resources employed by your organization concerning resource use and the circular economy, specifically addressing the increased utilization of secondary raw materials (recyclates). Indicate whether these actions and resources are in alignment with Disclosure Requirement E5-2, as outlined in the ESRS regulations.
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Question Id: E5-2_02
The overall total weight of products and technical and biological materials used is 34,199 Kg. The weight of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture the undertaking’s products and services (including packaging) is 1,577 Kg, which is 4.6% of the total.
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.
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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%