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Motor Vehicle Manufacturing
IT
updated 12 days ago

Ferrari

Company website

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.

66

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.

25

Industry Benchmark

Ferrari's score of 66 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Ferrari's reported carbon emissions

In 2024, Ferrari reported total carbon emissions of approximately 1,033,118,000 kg CO2e, with Scope 1 emissions at about 65,338,000 kg CO2e, Scope 2 emissions (market-based) at approximately 598,000 kg CO2e, and Scope 3 emissions reaching about 967,182,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 90% absolute reduction in Scope 1 and 2 emissions by 2030 compared to 2021 levels. Additionally, Ferrari targets a 50% reduction in Scope 3 downstream emissions per car by 2030 and a 30% reduction in Scope 3 upstream emissions per car by the same year. In Italy, Ferrari's emissions for 2024 included approximately 64,332,000 kg CO2e in Scope 1 and about 68,000 kg CO2e in Scope 2 (market-based). For 2023, the company reported Scope 1 emissions of approximately 75,172,000 kg CO2e and Scope 2 emissions of about 1,302,000 kg CO2e. Ferrari is committed to achieving carbon neutrality by 2030, with a long-term goal of becoming ultimately carbon neutral by 2050. The company has previously achieved a 35% reduction in CO2 emissions for its European fleet from 2007 to 2020 through energy efficiency improvements. Ferrari's emissions data is sourced directly from Ferrari N.V., with no data cascaded from a parent or related organization. The company actively participates in initiatives such as the Science Based Targets initiative (SBTi) and has outlined its climate commitments in various sustainability reports.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ferrari's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ferrari is in IT, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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