Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: E5-2_08
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- 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%