Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20e
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- Provide a detailed description of the actions and resources implemented by the undertaking to prevent waste generation within its upstream and downstream value chain, as per Disclosure Requirement E5-2 related to resource use and circular economy.
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Question Id: E5-2_05
The Group adopts a systemic approach to waste management, aiming to stabilize unit consumption over time. Although total waste per vehicle may increase due to production scale and innovation areas, ongoing projects focus on minimizing waste generation as much as possible.
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive description of the effects considered regarding material resource use and circular economy-related risks and opportunities. Include the impacts and dependencies associated with these effects, as well as the anticipated time horizons for their materialization.
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Question Id: E5-6_03
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”.
Report Date: 4Q2024Relevance: 80%