Ferrari
ESRS disclosure
Tags Tree
- Does the company ensure that all employees within its own workforce are covered by social protection schemes, either through public programs or benefits provided by the company, to safeguard against income loss due to retirement?
-
Question Id: S1-11_05
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the countries where employees lack social protection concerning any of the major life events specified in paragraph 72. For each identified country, specify the types of employees, including non-employees, who are not covered by social protection for each relevant event.
-
Question Id: S1-11_06
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 20%
- Provide a detailed disclosure regarding the types of employees within your organization who are not covered by social protection, either through public programs or company-offered benefits, against income loss due to sickness. Specify the countries where such employees are located and identify the major life events, as outlined in paragraph 72, for which these employees lack social protection.
-
Question Id: S1-11_07
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the countries where employees lack social protection concerning one or more of the major life events specified in paragraph 72. Additionally, identify the categories of employees in each of these countries who are not covered by social protection for each relevant life event.
-
Question Id: S1-11_08
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 20%
- Provide a detailed account of the countries where employees lack social protection concerning any of the events specified in paragraph 72. For each identified country, specify the categories of employees who are not covered by social protection in relation to each relevant major life event.
-
Question Id: S1-11_09
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed disclosure of the countries where employees lack social protection concerning any of the events specified in paragraph 72. For each identified country, specify the categories of employees who are not covered by social protection for each relevant major life event, including loss of income due to maternity leave.
-
Question Id: S1-11_10
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed account of the countries where your employees lack social protection concerning any of the major life events specified in paragraph 72. For each identified country, specify the categories of employees who are not covered by social protection for each relevant life event.
-
Question Id: S1-11_11
Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.
Report Date: 4Q2024Relevance: 20%
- Provide a comprehensive disclosure detailing the inclusion of persons with disabilities within your organization's workforce, as mandated by Disclosure Requirement S1-12.
-
Question Id: S1-12_03
The Diversity and Inclusion Practice of Ferrari N.V. was adopted by the Board of Directors of the Company on September 14, 2023, and is applicable to the Ferrari Group (i.e., Ferrari N.V., Ferrari S.p.A. and their branches, subsidiaries and controlled joint-venture), according to local legislation. The Practice was drafted taking into account the interests of employees and, in fact, representatives of the Human Resources Department, as well as those of the Group Compliance, Investor Relations & Sustainability and Legal Departments, participated in its drafting. Through this Practice the Ferrari Group promotes the valorization of human resources and encourages the diffusion of a corporate culture based on inclusion and mutual respect in the belief that Diversity represents a source of creativity, enrichment and innovation. Specific diversity aspects have been identified as relevant for the Group: racial and ethnic origin, sex, sexual orientation, gender identity, disability, age, religion, national extraction or social origin. For that reason, in carrying out its activities, the Group adopts an approach aimed at guaranteeing equal opportunities at all levels of the organization as well as rejecting any form of discrimination. In addition, and according to impacts, risks and opportunities, the Practice principles apply to specific areas of interest: people attraction & acquisition - including recruiting -, people empowerment - including training and performance and talent management - , people rewarding -including salary review and promotion. The Ferrari Leadership Team (FLT) is accountable for the implementation of the Practice. Ferrari is able to monitor diversity and inclusion matters through the continuous maintenance of the certifications related to Diversity and Equal Opportunity (Equal Salary Certification and UNI/PdR 125).
Report Date: 4Q2024Relevance: 60%
- Provide the percentage of employees who participated in regular performance and career development reviews, ensuring that this data is disaggregated by gender.
-
Question Id: S1-13_01
In 2024, 50.6% of employees received regular performance and career development reviews. The percentage for women was 71.0%, and for men, it was 46.7%.
Report Date: 4Q2024Relevance: 90%
- Provide the percentage of employees who participated in regular performance and career development reviews, ensuring the data is disaggregated by gender, as per Disclosure Requirement S1-13 on Training and Skills Development Metrics.
-
Question Id: S1-13_02
In 2024, 50.6% of employees received regular performance and career development reviews. The percentage for women was 71.0%, and for men, it was 46.7%.
Report Date: 4Q2024Relevance: 90%