Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20f
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- Provide a detailed description of the actions and resources allocated towards the optimization of waste management, ensuring alignment with the waste hierarchy, as stipulated under Disclosure Requirement E5-2 concerning resource use and circular economy.
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Question Id: E5-2_06
Total waste generated is 9,707 t, with non-recycled waste at 3,302 t (34.0%). Hazardous waste is 1,320 t (13.6%). Waste monitoring is conducted through a thorough analysis of all supporting documentation. Each month, an external waste intermediary provides a report detailing the previous month’s waste movements. This data is processed to classify waste into the appropriate categories defined by Legislative Decree 152/2006 and is recorded in the internal reporting system for effective tracking and analysis.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of how your organization's targets are aligned with the increase of circular product design, specifically addressing aspects such as design for durability, dismantling, reparability, and recyclability, as part of your resource use and circular economy strategy.
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Question Id: E5-3_02
We have embraced circular economy principles by designing products with durability, reparability, and recyclability in mind. Ferrari cars exemplify this approach, as their durability allows them to be passed on from one generation to the next. Ferrari Classiche services strive to keep as many of these classic cars on the road as possible and extending their lifecycle. Our cars are generally not considered means of transportation but collectible items. Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history to date, which began when the Company was founded in 1947. This far exceeds the industry average lifespan, which statistically ranges from 18 years in Western European countries to 28 years in Eastern ones.
Report Date: 4Q2024Relevance: 80%