Ferrari
ESRS disclosure: ESRS ESRS 2 \ DR BP-1
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- Provide information on whether the sustainability statement has been prepared on a consolidated or individual basis, as per Disclosure Requirement BP-1 – General basis for preparation of the sustainability statement.
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Question Id: BP-1_01
This Statement has been prepared on a consolidated basis.
Report Date: 4Q2024Relevance: 100%
- Confirm whether the scope of consolidation for the consolidated sustainability statement aligns with that of the financial statements. If not applicable, declare whether the reporting undertaking is exempt from preparing financial statements or is preparing consolidated sustainability reporting in accordance with Article 48i of Directive 2013/34/EU.
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Question Id: BP-1_02
The scope of consolidation corresponds to Ferrari N.V.’s Consolidated Financial Statements.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the extent to which the sustainability statement encompasses the undertaking's upstream and downstream value chain, as stipulated in Disclosure Requirement BP-1 concerning the general basis for preparation of the sustainability statement.
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Question Id: BP-1_04
The Sustainability Statement covers our upstream and downstream value chain with respect to policies and actions related to material IROs identified along our value chain.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking exercised the option to omit any specific information related to intellectual property, know-how, or results of innovation in the preparation of the sustainability statement, as per Disclosure Requirement BP-1 and ESRS 1 section 7.7?
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Question Id: BP-1_05
We did not use the option to omit a specific piece of information corresponding to intellectual property know-how or the results of innovation.
Report Date: 4Q2024Relevance: 90%
- Has the undertaking utilized the exemption permitted by its EU member state to omit disclosure of impending developments or matters currently under negotiation, as outlined in articles 19a(3) and 29a(3) of Directive 2013/34/EU, in the preparation of the sustainability statement?
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Question Id: BP-1_06
We did not use the option to omit any exemption from disclosure of impending developments or matters in the course of negotiation.
Report Date: 4Q2024Relevance: 90%
- Provide the metrics utilized to assess performance and effectiveness concerning material impacts, risks, or opportunities.
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Question Id: MDR-M_01
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: 60%