Ferrari Group Announces SBTi-Approved Near-Term Emission Reduction Targets for 2025-2035
Ferrari Group is proud to have set a science-based target that has been officially validated by the Science Based Targets initiative (SBTi) and to be achieved by 2035.
As the definitive global leader in secure logistics for high-value assets, operating across more than 60 countries, we recognize the critical need for our industry to demonstrate proactive leadership and purposeful action. Tackling climate change requires ambitious action from the corporate sector, and we are determined to navigate industry-wide structural challenges to lead the low-carbon transition.
We are proving our commitment to sustainably create value by letting science dictate our course of action. Our newly validated targets firmly align with the most ambitious objective of the Paris Agreement. By 2035, we are committed to reducing our Scope 1 and 2 greenhouse gas emissions by 63%, alongside a 37.5% reduction in our Scope 3 emissions. To achieve these milestones, our decarbonization strategy focuses on the comprehensive transition of our corporate and logistics fleet to low-emission technologies, securing certified renewable energy for all global operations, and proactively engaging our supply chain to reduce our indirect emissions.
To learn more about the initiative driving this global climate action, please visit https://sciencebasedtargets.org/ or reach out to our Sustainability team at: [email protected]
Read more about our ESG journey here.
