Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20f
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- Provide a detailed description of the actions and resources allocated towards the optimization of waste management, ensuring alignment with the waste hierarchy, as stipulated under Disclosure Requirement E5-2 concerning resource use and circular economy.
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Question Id: E5-2_06
Total waste generated is 9,707 t, with non-recycled waste at 3,302 t (34.0%). Hazardous waste is 1,320 t (13.6%). Waste monitoring is conducted through a thorough analysis of all supporting documentation. Each month, an external waste intermediary provides a report detailing the previous month’s waste movements. This data is processed to classify waste into the appropriate categories defined by Legislative Decree 152/2006 and is recorded in the internal reporting system for effective tracking and analysis.
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%