Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-3 \ Paragraph 24 c
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- ESRS E1Climate Remuneration Disclosure
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- Provide a detailed explanation of whether and how your company's targets are aligned with the minimisation of primary raw material, as part of the broader context of resource inflows and outflows, including waste, products, and materials.
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Question Id: E5-3_04
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.
Report Date: 4Q2024Relevance: 85%