Ferrari
ESRS disclosure: SBM-1_21
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- Provide a detailed account of your organization's sustainability-related goals, specifically addressing significant groups of products and services, customer categories, geographical areas, and relationships with stakeholders, as they pertain to the key elements of your general strategy, business model, and value chain.
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Question Id: SBM-1_21
Ferrari aims to achieve profitable growth by pursuing strategies such as low volumes and controlled growth, regular new model introductions and enhancements, pursuing excellence in racing, and controlled growth in adjacent luxury and lifestyle categories. The strategy focuses on maintaining a leading position in the luxury performance sports car market while enhancing and protecting the value and exclusivity of the Ferrari brand. The organization is committed to sustainability, aiming for Carbon Neutrality by 2030, and emphasizes stakeholder interests and views, especially clients, investors, and regulators. The strategy includes exceeding expectations, being the employer of choice, proactively fostering best practice governance, reducing environmental footprint, and creating and sharing value with the community.
Report Date: 4Q2024Relevance: 65%