Ferrari
ESRS disclosure: ESRS ESRS 2 \ DR SBM-1
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- Provide a detailed description of the significant groups of products and/or services offered by your company, including any changes in the reporting period such as new or removed products and/or services, as part of the key elements of your general strategy that relate to or affect sustainability matters.
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Question Id: SBM-1_01
Within our sports car line-up, our offer comprises four main pillars: Range, Special Series, Icona and Supercar. Our current product portfolio includes seven Range models, three Special Series models, one limited edition Icona model and one Supercar model. We also produce limited edition One-Off cars from time to time. In 2024, we launched three new models: 12Cilindri, 12Cilindri Spider, and F80. Our diversified product offering may include different architectures, engine sizes, technologies, body styles and seats. We target end clients seeking high performance cars with distinctive design, state-of-the-art technology and outstanding driving dynamics to maximize driving emotions. Our broad product portfolio is designed to fulfill the strategy of “different Ferrari for different Ferraristi, different Ferrari for different moments”, which means being able to offer a highly differentiated product line-up that can meet the varying needs of current and new customer segments (in terms of sportiness, comfort, on-board space and design, amongst others) and that can allow our existing clients to use a Ferrari in various moments of their lives.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the significant markets and/or customer groups your company serves, including any changes that occurred during the reporting period, such as new or removed markets and/or customer groups. This information should align with the key elements of your general strategy that relate to or affect sustainability matters, as per Disclosure Requirement SBM-1 concerning Strategy, Business Model, and Value Chain.
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Question Id: SBM-1_02
Our markets are clustered into: (i) Europe, Middle East and Africa (“EMEA”), (ii) Americas, (iii) Mainland China, Hong Kong and Taiwan and (iv) Rest of Asia-Pacific (“APAC”), which represented respectively 45.1 percent, 29.1 percent, 8.4 percent and 17.3 percent of unit shipped in 2024.
Report Date: 4Q2024Relevance: 60%
- Provide the total number of employees, categorized by geographical areas, as part of the disclosure requirement for Strategy, Business Model, and Value Chain (SBM-1), detailing key elements of the general strategy related to sustainability matters.
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Question Id: SBM-1_03
On December 31, 2024, we had a total of 5,435 employees, including 170 managers and senior managers. Of these employees, 5,088 were based in Italy (primarily at our Maranello facility) and 347 were based in offices around the world (including 24 managers and senior managers), mostly in North America and China.
Report Date: 4Q2024Relevance: 25%
- Provide the total headcount of employees, categorized by geographical areas, as part of the disclosure requirement under SBM-1 concerning the key elements of your general strategy that relate to or affect sustainability matters.
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Question Id: SBM-1_04
On December 31, 2024, we had a total of 5,435 employees, including 170 managers and senior managers. Of these employees, 5,088 were based in Italy (primarily at our Maranello facility) and 347 were based in offices around the world (including 24 managers and senior managers), mostly in North America and China.
Report Date: 4Q2024Relevance: 25%
- Provide a detailed description of any products and services that are prohibited in specific markets, as part of the key elements of your general strategy related to sustainability matters, in accordance with Disclosure Requirement SBM-1.
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Question Id: SBM-1_05
No Ferrari product or service is banned in any market.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed breakdown of the total revenue, as reflected in your financial statements, categorized by significant ESRS sectors. If segment reporting is included in your financial statements as per IFRS 8 Operating Segments, ensure this sector revenue information is reconciled with the IFRS 8 data to the greatest extent possible.
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Question Id: SBM-1_06
As long as the sector specific ESRS are not available, Ferrari will not be able to disclose the breakdown of total revenue by significant ESRS sector.
Report Date: 4Q2024Relevance: 20%
- Provide a detailed breakdown of your total revenue, as reported in your financial statements, categorized by significant ESRS sectors. Ensure this information aligns, to the extent possible, with the segment reporting required under IFRS 8 Operating Segments.
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Question Id: SBM-1_07
As long as the sector specific ESRS are not available, Ferrari will not be able to disclose the breakdown of total revenue by significant ESRS sector.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed account of your organization's involvement in the fossil fuel sector, specifically addressing the following aspects: Does your strategy, business model, or value chain include activities related to the exploration, mining, extraction, production, processing, storage, refining, or distribution of fossil fuels, including coal, oil, and gas? If so, disclose the associated revenues, ensuring a breakdown of revenues from coal, oil, and gas. Additionally, report any revenues from Taxonomy-aligned economic activities related to fossil gas, as stipulated under Article 8(7)(a) of Commission Delegated Regulation 2021/2178.
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Question Id: SBM-1_10
In 2024, no amendments to Ferrari strategy and business model occurred.
Report Date: 4Q2024Relevance: 20%
- Provide a detailed disclosure of your company's strategy, business model, and value chain, specifically focusing on the key elements that relate to or impact sustainability matters. Indicate if your company is active in the fossil fuel sector, including coal, oil, and gas. This should include a breakdown of revenues derived from each of these sources. Additionally, disclose the revenues derived from Taxonomy-aligned economic activities related to fossil gas, as stipulated under Article 8(7)(a) of Commission Delegated Regulation 2021/2178.
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Question Id: SBM-1_14
In 2024, no amendments to Ferrari strategy and business model occurred.
Report Date: 4Q2024Relevance: 10%
- Does the undertaking's general strategy, business model, and value chain include activities related to the cultivation and production of tobacco, and if so, what are the associated revenues?
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Question Id: SBM-1_19
In 2024, no amendments to Ferrari strategy and business model occurred.
Report Date: 4Q2024Relevance: 10%