Ferretti Sustainability Profile
Ferretti Group, headquartered in Italy, is a leading player in the luxury yacht manufacturing industry. Founded in 1968, the company has established itself as a pioneer in the design and production of high-end motor yachts, with a strong presence in key markets across Europe, the Americas, and Asia. Renowned for its innovative engineering and exquisite craftsmanship, Ferretti Group offers a diverse range of products, including the Ferretti Yachts, Pershing, and Riva brands. Each model is distinguished by its unique blend of performance, elegance, and cutting-edge technology. With numerous accolades and a reputation for excellence, Ferretti Group continues to set benchmarks in the yachting world, solidifying its position as a symbol of luxury and sophistication on the water.
DitchCarbon Score
How does Ferretti'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 Construction Work 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
Ferretti's score of 44 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferretti's reported carbon emissions
In 2024, Ferretti reported total carbon emissions of approximately 2,932,470 kg CO2e, comprising 7,540 kg CO2e from Scope 1, 6,530 kg CO2e from Scope 2, and 2,899,310 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, Ferretti plans to achieve a 30% reduction in Scope 2 emissions from 2020 levels by 2030. In 2023, Ferretti's emissions were significantly higher, with Scope 1 emissions at 9,222,000 kg CO2e and Scope 2 emissions at 8,586,000 kg CO2e. The company has initiated the construction of a trigeneration plant at its Ancona site, which is expected to enhance energy efficiency and reduce overall emissions. Ferretti's emissions data is sourced directly from Ferretti S.p.A., with no cascading from a parent organization. The company is committed to sustainability and actively works towards reducing its carbon footprint in line with industry standards.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,331,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 2 | 5,698,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | - | - | - | - | 0,000,000 |
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Ferretti's Scope 3 Categories Breakdown
Ferretti's Scope 3 emissions, which decreased by 52% last year and decreased by approximately 52% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 88299% of Scope 3 emissions.
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Ferretti'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.
Ferretti 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.
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