Ferrari
ESRS disclosure: ESRS ESRS 2 \ DR MDR-T
Tags Tree
- Provide a detailed account of the measurable, outcome-oriented, and time-bound targets established to evaluate progress on material sustainability matters. For each target, include a description of how it relates to the policy objectives.
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Question Id: MDR-T_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: 85%
- Provide detailed information on the measurable, outcome-oriented, and time-bound targets established to evaluate progress on material sustainability matters. For each target, specify the defined target level to be achieved, indicating whether the target is absolute or relative, and the unit of measurement used.
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Question Id: MDR-T_02
The targets are: a) Carbon neutrality in our own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021, with a focus on materials and vehicle use phase. The targets are absolute and measured in CO2eq emissions.
Report Date: 4Q2024Relevance: 90%
- What are the measurable, outcome-oriented, and time-bound targets your company has established on material sustainability matters to assess progress? For each target, provide the defined target level to be achieved, specifying whether the target is absolute or relative and the unit of measurement used.
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Question Id: MDR-T_03
The targets are: a) Carbon neutrality in our own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021, with a focus on materials and vehicle use phase. The targets are absolute and measured in CO2eq emissions.
Report Date: 4Q2024Relevance: 95%
- Provide a detailed account of the measurable, outcome-oriented, and time-bound targets established to evaluate progress on material sustainability matters. For each target, include information on the scope, specifying the undertaking's activities, any relevant upstream or downstream value chain components, and geographical boundaries where applicable.
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Question Id: MDR-T_04
The targets include: a) Carbon neutrality in own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021, focusing on materials and vehicle use phase. Upstream emissions are targeted to be reduced by 30 percent per car and downstream emissions by 50 percent per car by 2030 versus 2021.
Report Date: 4Q2024Relevance: 85%
- Provide the baseline value and base year from which progress is measured for each measurable, outcome-oriented, and time-bound target set to assess progress on material sustainability matters.
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Question Id: MDR-T_06
The baseline year for the targets is 2021. The targets include: a) Carbon neutrality in own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021.
Report Date: 4Q2024Relevance: 50%
- Disclose the specific period to which each measurable, outcome-oriented, and time-bound target applies, including any relevant milestones or interim targets, as part of the minimum disclosure requirement for tracking the effectiveness of policies and actions through targets on material sustainability matters.
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Question Id: MDR-T_07
The targets apply to the period from 2022 to 2030. The targets include: a) Carbon neutrality in own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021.
Report Date: 4Q2024Relevance: 85%
- Provide detailed information on the measurable, outcome-oriented, and time-bound targets set by your organization to assess progress on material sustainability matters. Include the specific period to which each target applies and, if applicable, any milestones or interim targets associated with these goals.
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Question Id: MDR-T_08
The targets apply to the period from 2022 to 2030. The targets include: a) Carbon neutrality in own operations by decreasing at least 90 percent of Scope 1 and 2 (market-based method) absolute CO2eq emissions by 2030 versus 2021. b) Reduction of at least 40 percent of Scope 3 emissions per car by 2030 versus 2021.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the methodologies and significant assumptions employed in defining your targets related to material sustainability matters. This should encompass any selected scenarios, data sources, and alignment with national, EU, or international policy goals. Additionally, elucidate how these targets take into consideration the broader context of sustainable development and the specific local situations where impacts occur.
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Question Id: MDR-T_09
The environmental targets are 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.
Report Date: 4Q2024Relevance: 60%
- Does the undertaking disclose measurable, outcome-oriented, and time-bound targets on material sustainability matters to assess progress, specifically indicating whether the targets related to environmental matters are grounded in conclusive scientific evidence?
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Question Id: MDR-T_10
The targets are aligned with the Transport Science-Based Target setting Guidance of 2015, aligned with the trajectory 'well below 2°C'.
Report Date: 4Q2024Relevance: 80%
- Provide detailed information on the measurable, outcome-oriented, and time-bound targets established to assess progress on material sustainability matters. Specifically, disclose whether and how stakeholders have been involved in the target-setting process for each material sustainability matter.
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Question Id: MDR-T_11
No stakeholders were involved in the definition of environmental targets.
Report Date: 4Q2024Relevance: 50%