Ferrari
Ferrari N.V., commonly known as Ferrari, is a prestigious Italian luxury sports car manufacturer headquartered in Maranello, Italy. Founded in 1939 by Enzo Ferrari, the company has become synonymous with high-performance vehicles and motorsport excellence, particularly in Formula 1 racing. Ferrari operates primarily in the automotive industry, focusing on the design, engineering, and production of premium sports cars. Its core products include iconic models such as the Ferrari 488 and the LaFerrari, renowned for their cutting-edge technology and unparalleled craftsmanship. With a strong market position, Ferrari has achieved numerous accolades, including multiple Constructors' Championships in Formula 1, solidifying its reputation as a leader in both performance and luxury. The brand's commitment to innovation and exclusivity continues to set it apart in the competitive automotive landscape.
DitchCarbon Score
How does Ferrari's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ferrari's score of 66 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferrari's reported carbon emissions
In 2023, Ferrari reported total carbon emissions of approximately 77,690,000 kg CO2e, comprising 75,409,000 kg CO2e from Scope 1 and 2 emissions, with Scope 2 emissions accounting for about 2,282,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 90% absolute reduction in Scope 1 and 2 emissions by 2030 compared to 2021 levels. Additionally, Ferrari is targeting a 30% reduction in upstream Scope 3 emissions per car and a 50% reduction in downstream Scope 3 emissions per car by the same year. Ferrari is committed to achieving carbon neutrality by 2030 across all scopes, reflecting its dedication to sustainability in the automotive sector. The company has made significant strides in reducing its emissions intensity, with a reported average specific CO2 emissions of about 0.29 kg CO2e per km for its fleet in recent years. As part of its climate commitments, Ferrari continues to focus on innovative solutions to enhance efficiency and reduce environmental impact, aligning with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 92,319,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 767,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ferrari is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
