Ferrari

Ferrari's Carbon Emissions and Climate Commitments

For the 2025 reporting year, Ferrari reported total global emissions of approximately 966.4 million kg CO2e. This figure comprises Scope 1 emissions totalling approximately 38.6 million kg CO2e, and Scope 3 emissions of approximately 927.2 million kg CO2e. Scope 2 emissions, based on the market-based method, were approximately 613,000 kg CO2e. The most significant contributor to Scope 3 emissions was the use of sold products, accounting for approximately 453.6 million kg CO2e, followed by purchased goods and services at approximately 325.1 million kg CO2e.

In 2024, Ferrari's total global emissions were approximately 1.03 billion kg CO2e. Scope 1 emissions were approximately 65.3 million kg CO2e, and Scope 3 emissions were approximately 967.2 million kg CO2e. Scope 2 emissions (market-based) were approximately 598,000 kg CO2e.

Ferrari is committed to achieving carbon neutrality by 2030, and net zero by 2050. In line with these goals, the company has set ambitious reduction targets. Specifically, Ferrari aims for a 90% absolute reduction in Scope 1 and 2 emissions by 2030, compared to a 2021 baseline. For Scope 3 emissions, the target is a 40% reduction per car by 2030, versus 2021. This includes a planned 30% reduction in upstream emissions and a 50% reduction in downstream emissions per car within the same timeframe. Ferrari has also reported achieving a 35% reduction in CO2 emissions for its European fleet by 2020, compared to 2007, through improvements in energy efficiency.