Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15b
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- Indicate whether and how your policies address sustainable sourcing and the use of renewable resources, as required under Disclosure Requirement E5-1 concerning policies related to resource use and the circular economy.
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Question Id: E5-1_02
Currently, the Environmental Practice does not address the use of renewable resources. However, Ferrari is continuously striving for sustainable and innovative material sourcing to integrate into their production processes.
Report Date: 4Q2024Relevance: 50%
- Provide a disclosure of the expected durability of the products placed on the market by your undertaking, specifically in relation to the industry average for each product group.
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Question Id: E5-5_02
Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history to date, which began when the Company was founded in 1947. This far exceeds the industry average lifespan, which statistically ranges from 18 years in Western European countries to 28 years in Eastern ones.
Report Date: 4Q2024Relevance: 90%