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.

For the denominator, the methodology applied to calculate the data in the table above is based on the incoming weight of materials and components in our warehouses. This data is the same as the one used for the calculation of the Scope 3 GHG emissions, category 4.1. The numerator is calculated based on supplier information provided through the International Material Data System. To estimate the quantity of packaging, we used the outflow quantity and assumed it was equal to the inflow quantity.