Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 a
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- 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.
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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 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%