Ferrari
ESRS disclosure: ESRS E5 \ DR E5-1 \ Paragraph 15a
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- Does the undertaking's policy address transitioning away from the use of virgin resources, and if so, how does it incorporate the relative increase in the use of secondary (recycled) resources?
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Question Id: E5-1_01
Ferrari's policy addresses transitioning away from the use of virgin resources by recycling aluminum scraps and using secondary alloy from recycled processes. They aim to reduce the use of virgin material by focusing on secondary alloy from recycled processes and reducing quarry-derived resources. Additionally, they plan to introduce 100 percent recycled aluminum alloy for their engines by 2026, which is expected to reduce CO2 emissions by around 80 percent.
Report Date: 4Q2024Relevance: 90%
- Provide a disclosure regarding the reparability of products, utilizing an established rating system where applicable, for undertakings where outflows are deemed material.
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Question Id: E5-5_03
We supply parts for both current and older Ferrari models to our authorized dealer network. The substitution of spare parts throughout a car’s lifespan is driven not only by clients’ demand for parts to personalize their cars and maximize performance, but also to ensure and guarantee the reparability of our products.
Report Date: 4Q2024Relevance: 60%