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.

Ferrari considers environmental protection to be a decisive aspect to be promoted in its overall approach to business. The Environmental Practice promotes the reuse of waste materials in the production process according to a circular economy approach. Moreover, it aims to reduce the quantity of waste and optimize the amount of materials sent to recovery plants. The practice covers the following impacts and opportunity: “Reduction of waste thanks to the increase of durability, reparability and recyclability of spare parts (e.g. racing and sports cars) or products (e.g. lifestyle)”, “production of hazardous / non hazardous waste by the organization”, “promotion of circularity within the value chain to reduce the use of natural resources and waste produced by suppliers”, “production of hazardous / non hazardous waste by the supply chain” and “circular economy manufacturing initiatives implemented: use of recycled materials, recovery of production waste for recycling and projects aimed at ensuring an extension of product life”.