Ferrari

Automobile Manufacturers

RACE

$ 428 1.7

Share price

$ 77 bn

Market Cap

$ 77 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.03x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -9.3% weighted average for S&P 500

FY2023

Ferrari aims to reduce Scope 1 + 2 by 90% by 2030 from a base year 2021

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Ferrari reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 84 Kt (-9 /-9.7% y-o-y). Also positively, carbon intensity was down at 16 t (-2.7 /-14.8% y-o-y).

No public disclosure of Scope 3 emissions has been found for Ferrari at the moment.

The company is committed to reducing Scope 1 + 2 by 90% by 2030 from a base year 2021, which translates into the estimated reduction of -9.3 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	84	81	2.4	5,378	16
2021Q4	93	91	1.9	5,069	18
2020Q4	88	88	2.3	4,051	22
2019Q4	86	94	0.83	4,233	20
2018Q4	92	91	0.77	4,044	23
2017Q4	93	92	0.82	3,857	24
2016Q4	93	92	0.77	3,422	27

Ferrari

Carbon footprint

Primary Climate Goal

Ferrari aims to reduce Scope 1 + 2 by 90% by 2030 from a base year 2021

GHG emissions and Carbon intensity

Ferrari's carbon footprint

Company environmental metrics