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 the key products and materials resulting from your production process, specifically highlighting those designed in accordance with circular principles. Include aspects such as durability, reusability, repairability, disassembly, remanufacturing, refurbishment, recycling, recirculation by the biological cycle, or optimization through other circular business models.
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Question Id: E5-5_01
Ferrari consistently strives for the highest quality in all materials used, ensuring durability over time; as a result, our products are not only built to last but are also cherished as collectibles that can be passed down through generations rather than simply serving as modes of transportation. We also acknowledge that a rational use of raw materials, together with careful waste management, helps reduce the environmental impact of our manufacturing process. For this reason, we are implementing innovative solutions and advanced technical processes, such as the reuse of aluminum scraps, to minimize waste and reduce environmental impacts.
Report Date: 4Q2024Relevance: 60%