Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20d
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- Provide a detailed description of the application of circular business practices within your organization. Specifically, outline any actions and resources dedicated to the following areas: (i) value retention actions, including maintenance, repair, refurbishing, remanufacturing, component harvesting, upgrading, reverse logistics, closed loop systems, and second-hand retailing; (ii) value maximisation actions, such as product-service systems and collaborative and sharing economy business models; (iii) end-of-life actions, including recycling, upcycling, and extended producer responsibility; and (iv) systems efficiency actions, such as industrial symbiosis. Ensure that your response aligns with the requirements set forth in Disclosure Requirement E5-2 and ESRS 2 MDR-A.
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Question Id: E5-2_04
Ferrari promotes the reuse of waste materials in production according to a circular economy approach. The practice covers impacts and opportunities such as the reduction of waste, increase of durability, reparability, and recyclability of spare parts, and promotion of circularity within the value chain. The development of products that meet customers’ needs while ensuring respect for the environment, safety, and quality, and the adoption of the best available technologies for the efficiency of production processes and the reduction of environmental impacts are key aspects.
Report Date: 4Q2024Relevance: 60%
- Provide the absolute weight, in tonnes or kilogrammes, of secondary reused or recycled components, secondary intermediary products, and secondary materials utilized in the manufacturing of the undertaking's products and services, including packaging, for the reporting period. Additionally, indicate this weight as a percentage of the total materials used. This information is required under Disclosure Requirement E5-4 concerning resource inflows when deemed a material sustainability matter.
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Question Id: E5-4_04
Weight of secondary reused or recycled components, secondary intermediary products and secondary materials used to manufacture the undertaking’s products and services (including packaging) (Kg): 1,577 Percentage of secondary reused or recycled components, secondary intermediary products and secondary materials used to manufacture the undertaking’s products and services (including packaging): 4.6%
Report Date: 4Q2024Relevance: 50%