Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15b
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- Indicate whether and how your policies address sustainable sourcing and the use of renewable resources, as required under Disclosure Requirement E5-1 concerning policies related to resource use and the circular economy.
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Question Id: E5-1_02
Currently, the Environmental Practice does not address the use of renewable resources. However, Ferrari is continuously striving for sustainable and innovative material sourcing to integrate into their production processes.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed description of how your organization contributes to the circular economy, specifically addressing any anticipated financial effects arising from material resource use and circular economy-related risks and opportunities. Include examples such as the implementation of smart waste collection systems.
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Question Id: E5-2_08
Ferrari plans to introduce 100 percent recycled aluminum alloy for engines starting from 2026, which could reduce aluminum-related CO2 emissions by around 80 percent. This recycled alloy is characterized by high performance without compromising quality, differing minimally from primary alloys. The ambition is to eliminate the use of primary alloys in engines by relying on recycled raw materials.
Report Date: 4Q2024Relevance: 65%