Ferrari
ESRS disclosure: MDR-A_05
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- Provide quantitative and qualitative information regarding the progress of actions or action plans previously disclosed, in relation to material sustainability matters, whether these actions are part of a policy implementation or undertaken independently.
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Question Id: MDR-A_05
We defined our environmental targets, included in our 2022-2026 Strategic Plan, aligned with the Transport Science-Based Target setting Guidance of 2015 aligned with the trajectory 'well below 2°C'. The GHG emission reduction targets and the related action plan were reviewed by the Board of Directors. Below our emissions targets: a. carbon neutrality in our own operations already starting from 2021, through high-quality projects with climate and social contributions (decreasing by at least 90 percent our Scope 1 and 2 (market-based method) absolute CO2eq emissions - CO2, CH4, N2O and HFCs - by 2030 versus 2021); b. reduction of at least 40 percent of our Scope 3 emissions (CO2, CH4, N2O) per car, focusing mainly on materials and vehicle use phase. In particular, we aim to reduce upstream emissions by 30 percent per car and downstream emissions by 50 percent per car by 2030 versus 2021.
Report Date: 4Q2024Relevance: 85%