Our commitment to carbon neutrality by 2030
Sustainability Strategy
Drive technological innovation while pursuing excellence in design and craftsmanship to fuel the passion of our customers and enthusiasts.
In 2023, Expensed R&D and Capex reached more than €1.4 billion.
“Pole Position” program: in 2023, we received around 13,000 suggestions from employees with a focus on carbon neutrality and process efficiency.
By working in close contact with key suppliers, we foster innovative solutions and share different expertise in many fields.
Maintain Ferrari’s corporate governance and risk management systems aligned with best practices to ensure an ethical business conduct while providing superior and sustainable returns to our shareholders
At the start of 2023, we joined the UN Global Compact
Our Code of Conduct, updated in early 2023, also strengthens the reference to ESG aspects
Our Practices
Provide an inclusive, educational and inspiring work environment to unleash everyone’s passion, creativity and talent.
In 2023, we have provided our staff with more than 135,000 hours of training over the year (+71% versus 2022).
In 2023, more than 1,900 employees and 820 children benefitted from medical and specialist check-ups performed through “Formula Benessere”.
In 2023 Ferrari obtained the Equal-Salary Certification for equal pay between genders at a global level.
Increase our environmental awareness to continuously set and implement related programs and actions.
We continue growing our business activities while maintaining our CO₂ emissions almost stable
In 2022, Ferrari conducted a thorough Climate Scenario Analysis
Scope 1 & 2
-90% in absolute terms by 2030 vs. 2021
Scope 3 upstream
-30% per car by 2030 vs. 2021
Scope 3 downstream
-50% per car by 2030 vs. 2021
2023 FERRARI GROUP CARBON FOOTPRINT: 902 ktCO2e
The emissions reported for 2023 were certified by a third-party in compliance with ISO 14064-1. This standard allows for judgment calls resulting in a range of possible outcomes. Therefore, no comparison of the disclosed data is possible with other studies unless methodology and data assumptions are exactly the same.
Encourage strategic partnerships and the creation of positive externalities for all stakeholders.
Ferrari is a partner of MUNER, which has the goal of training the engineers of tomorrow
