Ferrari NV

Common Name
Ferrari
Country
Italy
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
5,465
Ticker
RACE
Exchange
EURONEXT MILAN
Description
Ferrari N.V. is a high-performance car manufacturer renowned for its luxury sports cars and racing heritage. As a key player in the automotive industry, Ferrari's primary focus is on the design, produ...

Ferrari's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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
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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
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2030
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Vehicle from Unspecified Activities
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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.

Insights into Ferrari's Greenhouse Gas Emissions Pathways

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.

Does Ferrari have a target to reduce the emissions from its operations?

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.

Ferrari's Operational (Scope 1+2) Emissions Pathway

202120242030025 k50 k75 k100 kBaselineCurrent (-29%)Target 2030 (-90%)

Does Ferrari have a target to reduce the emissions from its value chain?

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.

Ferrari's Value Chain (Scope 3) Emissions Pathway

2021202420300255075100BaselineCurrent (-14%)Target 2030 (-40%)
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