Ferrari S.p.A. Sustainability Profile
Ferrari S.p.A., a renowned name in the automotive industry, is headquartered in Maranello, Italy. Founded in 1939 by Enzo Ferrari, the company has established itself as a leader in the luxury sports car market, known for its high-performance vehicles and innovative engineering. With a rich history marked by significant milestones, including numerous Formula 1 championships, Ferrari has become synonymous with speed, elegance, and exclusivity. The company primarily focuses on the design and manufacture of premium sports cars, with iconic models such as the Ferrari 488 and the LaFerrari showcasing cutting-edge technology and unparalleled craftsmanship. Ferrari's commitment to excellence has solidified its position as a market leader, appealing to automotive enthusiasts and collectors worldwide. With a legacy of success and a reputation for innovation, Ferrari continues to set the standard in the luxury automotive sector.
DitchCarbon Score
How does Ferrari S.p.A.'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.p.A.'s score of 64 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Ferrari S.p.A., headquartered in Italy, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Ferrari N.V., which may influence its climate commitments and emissions reporting. As of now, Ferrari S.p.A. has not publicly disclosed any reduction targets or specific climate initiatives. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Ferrari S.p.A. inherits its emissions data and climate initiatives from its parent company, Ferrari N.V., which is responsible for setting the overarching sustainability goals. This cascading of data indicates that any future emissions reporting or climate commitments will likely align with the strategies established by Ferrari N.V. In the context of the automotive industry, companies are increasingly focusing on reducing their carbon footprints and committing to sustainability. While Ferrari S.p.A. has not yet outlined specific initiatives, the industry trend towards electrification and sustainable practices may influence its future commitments.
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 |
How Carbon Intensive is Ferrari S.p.A.'s Industry?
How Carbon Intensive is Ferrari S.p.A.'s Location?
Ferrari S.p.A.'s Scope 3 Categories Breakdown
Ferrari S.p.A.'s Scope 3 emissions, which increased by 30% last year and increased by approximately 9% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
Ferrari S.p.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ferrari S.p.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
