Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15a
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- Does the undertaking's policy address transitioning away from the use of virgin resources, and if so, how does it incorporate the relative increase in the use of secondary (recycled) resources?
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Question Id: E5-1_01
Ferrari's policy addresses transitioning away from the use of virgin resources by recycling aluminum scraps and using secondary alloy from recycled processes. They aim to reduce the use of virgin material by focusing on secondary alloy from recycled processes and reducing quarry-derived resources. Additionally, they plan to introduce 100 percent recycled aluminum alloy for their engines by 2026, which is expected to reduce CO2 emissions by around 80 percent.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed explanation of how your company's targets are associated with resource inflows and outflows, including waste management and the handling of products and materials. Specifically, address how these targets relate to other matters concerning resource use or the circular economy.
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Question Id: E5-3_08
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%.
Report Date: 4Q2024Relevance: 85%