Ferrari
Automobile Manufacturers
Netherlands
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%
- Has the undertaking specified how responsibility for respecting identified ecological thresholds is allocated within the organization, particularly in relation to targets concerning resource use and circular economy, as per Disclosure Requirement E5-3?
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Question Id: E5-3_12
We have implemented best practices to maintain stable and possibly reduce our waste production, even though no specific waste-related targets have been set.
Report Date: 4Q2024Relevance: 30%