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 detailed description of the methodologies employed to calculate data related to waste generated. Include the criteria and assumptions utilized to determine and classify products designed according to circular principles, as outlined in paragraph 35. Specify whether the data is derived from direct measurements or estimations, and disclose the key assumptions applied.
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Question Id: E5-5_17
For the denominator, the methodology applied to calculate the data in the table above is based on the incoming weight of materials and components in our warehouses. This data is the same as the one used for the calculation of the Scope 3 GHG emissions, category 4.1. The numerator is calculated based on supplier information provided through the International Material Data System. To estimate the quantity of packaging, we used the outflow quantity and assumed it was equal to the inflow quantity.
Report Date: 4Q2024Relevance: 65%