Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph AR 9 b
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- Does your company's policy prioritize strategies for avoiding or minimizing waste, such as reuse, repair, refurbish, remanufacture, and repurpose, over waste treatment strategies like recycling? Additionally, how do your policies incorporate the concepts of eco-design, waste as a resource, or post-consumer waste at the end of a product's lifecycle?
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Question Id: E5-1_04
Ferrari prioritizes strategies for avoiding or minimizing waste by designing products with durability, reparability, and recyclability in mind. They embrace circular economy principles, ensuring their cars can be passed on from one generation to the next. Ferrari cars are expected to have a durability of at least 80 years, exceeding the industry average lifespan. This approach aligns with eco-design and treating waste as a resource.
Report Date: 4Q2024Relevance: 85%
- 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%