As of 2024, Ferrari has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Ferrari ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities | Copy restricted. Please purchase to unlock this data. | 2030 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
As of 2024, Ferrari has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2024, Ferrari has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Ferrari's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 92,716 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.
As of 2024, Ferrari is lagging behind on its operational emissions reduction target, having achieved 32.09% of the planned reduction.
As of 2024, Ferrari has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Ferrari's most ambitious value chain target is to reduce these emissions by 40% by 2030, compared to a baseline of 87.8 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities in 2021.
As of 2024, Ferrari is on track to meet its value chain emissions reduction target, having achieved 36.15% of the planned reduction.