Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20c
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- Provide a detailed account of how your organization applies circular design principles, specifically focusing on actions and resources that enhance product durability and optimize usage. Include information on how these efforts contribute to increased rates of reuse, repair, refurbishing, remanufacture, repurposing, and recycling.
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Question Id: E5-2_03
Ferrari has embraced circular economy principles by designing products with durability, reparability, and recyclability in mind. Ferrari cars are expected to have a durability of at least 80 years, based on Ferrari’s manufacturing history. The substitution of spare parts throughout a car’s lifespan is driven by clients’ demand for parts to personalize their cars and maximize performance, ensuring and guaranteeing the reparability of products.
Report Date: 4Q2024Relevance: 80%
- 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%