Ferrari ranked among global leaders in environmental performance

Date:4 January 2021 Author: Kyro Mitchell

Ferrari recently announced that it ranked among the global leaders in environmental performance and transparency, which was evaluated by the CDP (Carbon Disclosure Project). The CDP is a non-profit organisation that specialises in environmental reporting and in the evaluation of corporate sustainability strategies.

The Maranello-based company was awarded an A- rating, ranking significantly above both the European regional average and the sector’s average, for actions implemented to combat climate change.

CDP evaluates companies by applying an independent methodology and assigning a score ranging from A to D, based on completeness of information, awareness gained on environmental issues and evidence of the progress made in the fight against climate change.

As part of the evaluation, the CDP fully acknowledged Ferrari’s efforts and progress to mitigate global warming. In the CDP Climate Change questionnaire, the Company particularly distinguished itself in the Governance, Risk Management & Business Strategy categories, as well as for its accurate reporting on emissions of Scope 1 and Scope 2.

Ferrari’s commitment to environmental performance and transparency will intensify over the next years with the objective to become “carbon-neutral”, through a series of actions aimed at reducing the emissions produced and offsetting the residual emissions.

 

Picture: Pixabay

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