Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 b
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- Does your company's policy prioritize strategies for avoiding or minimizing waste, such as reuse, repair, refurbish, remanufacture, and repurpose, over waste treatment strategies like recycling? Additionally, how do your policies incorporate the concepts of eco-design, waste as a resource, or post-consumer waste at the end of a product's lifecycle?
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Question Id: E5-1_04
Ferrari prioritizes strategies for avoiding or minimizing waste by designing products with durability, reparability, and recyclability in mind. They embrace circular economy principles, ensuring their cars can be passed on from one generation to the next. Ferrari cars are expected to have a durability of at least 80 years, exceeding the industry average lifespan. This approach aligns with eco-design and treating waste as a resource.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed explanation of how your company's targets are aligned with the increase of the circular material use rate, as stipulated under Disclosure Requirement E5-3 concerning resource use and circular economy.
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Question Id: E5-3_03
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%.
Report Date: 4Q2024Relevance: 60%