Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20d
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- Provide a detailed description of the application of circular business practices within your organization. Specifically, outline any actions and resources dedicated to the following areas: (i) value retention actions, including maintenance, repair, refurbishing, remanufacturing, component harvesting, upgrading, reverse logistics, closed loop systems, and second-hand retailing; (ii) value maximisation actions, such as product-service systems and collaborative and sharing economy business models; (iii) end-of-life actions, including recycling, upcycling, and extended producer responsibility; and (iv) systems efficiency actions, such as industrial symbiosis. Ensure that your response aligns with the requirements set forth in Disclosure Requirement E5-2 and ESRS 2 MDR-A.
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Question Id: E5-2_04
Ferrari promotes the reuse of waste materials in production according to a circular economy approach. The practice covers impacts and opportunities such as the reduction of waste, increase of durability, reparability, and recyclability of spare parts, and promotion of circularity within the value chain. The development of products that meet customers’ needs while ensuring respect for the environment, safety, and quality, and the adoption of the best available technologies for the efficiency of production processes and the reduction of environmental impacts are key aspects.
Report Date: 4Q2024Relevance: 60%
- Provide the total amount of waste, in tonnes or kilogrammes, diverted from disposal from your operations. Include a detailed breakdown distinguishing between hazardous and non-hazardous waste, and specify the recovery operation types utilized.
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Question Id: E5-5_08
Waste Type Weight (t) Hazardous Waste 724 Non-Hazardous Waste 5,694 Total Waste Diverted From Disposal 6,418 Recovery operation types utilized:
- Hazardous Waste: Recycling
- Non-Hazardous Waste: Preparation for reuse, Recycling
Report Date: 4Q2024Relevance: 90%