The Group adopts a systematic approach to waste management, aiming to stabilize unit consumption over time. Although total waste per vehicle may increase due to production scale and innovation areas, we have launched ongoing projects that focus on minimizing waste generation as much as possible. The total resource inflows for 2024 include an overall total weight of products and technical and biological materials used (Kg) of 34,199, with a percentage of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture the undertaking’s products and services (including packaging) at 4.6%.

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.

The total resource inflows for 2024 include an overall total weight of products and technical and biological materials used (Kg) of 34,199, with a percentage of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture the undertaking’s products and services (including packaging) at 4.6%.

Aligned with Ferrari’s ambition to reduce CO2 emissions and to promote circularity, starting from 2026, we plan to introduce 100 percent recycled aluminum alloy for our engines (considering only the parts produced internally in our Maranello plant that weigh more than 80 percent of the engine). This action could reduce aluminum-related CO2 emissions by around 80 percent. This recycled alloy is characterized by high performance without compromising quality, differing mainly from primary alloys. Our ambition is to eliminate the use of primary alloys in our engines by relying on recycled raw materials.

Ferrari consistently strives for the highest quality in all materials used, ensuring durability over time; as a result, our products are not only built to last but are also cherished as collectibles that can be passed down through generations rather than simply serving as modes of transportation. We also acknowledge that a rational use of raw materials, together with careful waste management, helps reduce the environmental impact of our manufacturing process. For this reason, we are implementing innovative solutions and advanced technical processes, such as the reuse of aluminum scraps, to minimize waste and reduce environmental impacts.

A significant portion of our waste derives from non-hazardous materials including ferrous scraps, paper, wood, plastic packaging, and aqueous solutions. This waste primarily originates from foundry, paint, and mechanical operations. The main typologies of hazardous waste include waste oil and solvents. Total waste by weight diverted from disposal by recovery operation types for 2024 includes hazardous waste recycling at 724 t (11.3%) and non-hazardous waste recycling at 5,681 t (88.5%).

Waste monitoring is conducted through a thorough analysis of all supporting documentation. Each month, our external waste intermediary provides a report, generated from their management system, 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 our internal reporting system for effective tracking and analysis.

The Group adopts a systematic approach to waste management, aiming to stabilize unit consumption over time. Although total waste per vehicle may increase due to production scale and innovation areas, we have launched ongoing projects that focus on minimizing waste generation as much as possible. The total resource inflows for 2024 include an overall total weight of products and technical and biological materials used (Kg) of 34,199, with a percentage of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture the undertaking’s products and services (including packaging) at 4.6%.

Total waste by weight diverted from disposal by recovery operation types for 2024 includes hazardous waste recycling at 724 t (11.3%) and non-hazardous waste recycling at 5,681 t (88.5%).

We have implemented best practices to maintain stable and possibly reduce our waste production, even though no specific waste-related targets have been set.