Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20c
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- Provide a detailed account of how your organization applies circular design principles, specifically focusing on actions and resources that enhance product durability and optimize usage. Include information on how these efforts contribute to increased rates of reuse, repair, refurbishing, remanufacture, repurposing, and recycling.
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Question Id: E5-2_03
Ferrari has embraced circular economy principles by designing products with durability, reparability, and recyclability in mind. Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history. The substitution of spare parts throughout a car’s lifespan is driven by clients’ demand for parts to personalize their cars and maximize performance, ensuring and guaranteeing the reparability of products.
Report Date: 4Q2024Relevance: 80%
- 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%