Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15a
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- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
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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%
- Specify whether the targets related to resource use and circular economy, as set and presented by the undertaking, are mandatory (required by legislation) or voluntary, as part of the contextual information under Disclosure Requirement E5-3.
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Question Id: E5-3_13
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%