Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20 a
Tags Tree
- Provide a detailed account of the actions and resources implemented to achieve higher levels of resource efficiency in the use of technical and biological materials and water. Include specific references to critical raw materials and rare earths as identified in the Raw Materials Information System.
-
Question Id: E5-2_01
Car makers consume large amounts of raw materials, and a conscientious planning of the manufacturing process is essential to the careful management of these resources. Among the most used materials in cars are lightweight elements such as aluminum, polymers, and to a lesser extent other metals (copper, titanium, platinum group, silicon, zinc, magnesium) elastomers, fluids, lithium, light rare earth elements.
Report Date: 4Q2024Relevance: 45%
- Provide a detailed account of the anticipated financial effects, expressed in monetary terms, associated with material risks and opportunities stemming from resource use and circular economy-related impacts. This disclosure should be made prior to considering any actions related to resource use and circular economy. In instances where quantification is not feasible without incurring undue cost or effort, qualitative information should be provided. Note that for financial effects arising from material opportunities, quantification is not mandatory if it compromises the qualitative characteristics of the information as outlined in ESRS 1 Appendix B.
-
Question Id: E5-6_01
In addition, at the beginning of 2023, we implemented the use of scorifying salts in the aluminum melting process with the specific aim of maximizing material recovery. By facilitating the removal of impurities and enabling a cleaner separation of aluminum from scrap, we have reduced the amount of aluminum discarded. This improvement has led to a 50 percent decrease in slag, underscoring our commitment to reducing waste and optimizing resource use. No significant operational or capital expenditures have been allocated to this action in 2024 or are planned for the future. For the medium-term future, we plan to reduce the use of this virgin material by focusing on secondary alloy from recycled processes and on the reduction of quarry-derived resources.
Report Date: 4Q2024Relevance: 10%