Environmental

RACE’s environmental positioning appears mixed versus luxury auto peers because high R&D intensity can support electrification and efficiency, yet no disclosed emissions trajectory is provided.

The company likely faces material supply-chain and manufacturing footprint scrutiny versus peers, but the absence of disclosed carbon targets limits evidence of leadership.

Compared with diversified automakers, Ferrari’s lower-volume production model can reduce absolute environmental exposure, although peer-relative disclosure depth remains less developed.

Environmental risk is moderated by the brand’s premium pricing and limited scale, but peers with clearer decarbonization commitments may be better positioned on transition credibility.

Social

RACE’s social positioning is supported by zero stock-based compensation, which reduces dilution concerns and suggests comparatively restrained shareholder-value transfer versus peers.

The company’s premium brand and limited production model can support stronger labor and community management than mass-market automakers, where workforce complexity is higher.

High R&D spending relative to revenue may help product safety and customer experience, but peer comparison is constrained by limited disclosure on workforce and supply-chain practices.

Social risk remains present in manufacturing and supplier oversight, yet Ferrari’s smaller operational footprint typically reduces exposure versus larger automotive peers.

Governance

RACE’s governance profile is supported by low leverage, which reduces creditor pressure and can improve board flexibility versus more indebted peers.

Zero stock-based compensation indicates comparatively disciplined capital allocation and weaker incentives for short-term dilution than many listed peers.

The company’s strong gross margin suggests pricing power, but governance assessment remains driven by capital discipline rather than operating performance.

Relative to peers, Ferrari appears structurally cleaner on balance-sheet risk, though limited public ESG disclosure prevents a top-tier governance score.

Overall Score

RACE ranks above average versus peers because its disciplined capital structure and restrained compensation practices offset limited ESG disclosure depth.

Score Driver: Low Leverage And Capital Discipline Versus Peers