Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 a
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- Provide a detailed description of whether and how your company's policies address the waste hierarchy, specifically focusing on prevention, preparing for re-use, recycling, other recovery such as energy recovery, and disposal. Ensure that waste treatment is not categorized as a recovery method.
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Question Id: E5-1_03
Ferrari's policies address the waste hierarchy by focusing on recycling and preparation for reuse. In 2024, they have recycled 724 tons of hazardous waste and 5,681 tons of non-hazardous waste. They have also prepared 13 tons of non-hazardous waste for reuse. The total waste diverted from disposal is 6,418 tons. Waste treatment is categorized separately, with 597 tons of hazardous waste and 2,692 tons of non-hazardous waste directed to disposal.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of materials sourced from by-products or waste streams, as required under Disclosure Requirement E5-4, in the context of anticipated financial effects from material resource use and circular economy-related risks and opportunities, as outlined in Disclosure Requirement E5-6.
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Question Id: E5-4_07
An evidence of Ferrari attention to waste reduction is represented by our management of scraps. We recycle aluminum scraps by melting them in the foundry, thus ensuring the reentering of those scraps in the manufacturing process. This is an important achievement, considering that aluminum is the first raw material by weight used in our production process. The aluminum scraps, i.e. the shavings, generated during the mechanical process that cannot be melted, are compacted and eventually resold to companies specialized in recycling. This process has always been fully integrated in our foundry and involves Ferrari’s operations.
Report Date: 4Q2024Relevance: 65%