Ferrari
ESRS disclosure
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- Provide the number of days lost due to work-related injuries and fatalities from work-related accidents, work-related ill health, and fatalities from ill health concerning non-employees, as specified in Disclosure Requirement S1-14, Health and Safety Metrics, points (d) and (e) of paragraph 88.
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Question Id: S1-14_09
Number of days lost to work-related injuries and fatalities from work-related accidents: Non-employees - 9. Number of days lost to work-related ill health and fatalities from ill health related to non-employees: 0.
Report Date: 4Q2024Relevance: 50%
- What percentage of your workforce is covered by a health and safety management system that adheres to legal requirements or recognized standards or guidelines, and has been subject to internal audits or external audits or certifications?
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Question Id: S1-14_10
Specifically, 100 percent of employees and non-employees of both Ferrari S.p.A. and Mugello Circuit S.p.A. are fully covered by the health and safety management system in accordance with legal requirements.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the standards that underpin your internal audit or external certification processes concerning your health and safety management system.
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Question Id: S1-14_11
As part of the management system ISO 45001:2018, Ferrari has formalized two Health & Safety policies covering Ferrari S.p.A. and Mugello Circuit S.p.A. Both policies aim to achieve the best possible occupational health and safety conditions, including accident prevention, for its employees and collaborators, as well as for suppliers and contractors in general.
Report Date: 4Q2024Relevance: 80%
- Provide the number of cases of recordable work-related ill health detected among former members of your own workforce.
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Question Id: S1-14_12
Number of cases of recordable work-related ill health of employees: 1. Number of cases of recordable work-related ill health of non-employees: 0.
Report Date: 4Q2024Relevance: 50%
- Provide details on the extent to which all employees are entitled to family-related leaves through social policy and/or collective bargaining agreements, as per Disclosure Requirement S1-15 on work-life balance metrics.
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Question Id: S1-15_04
In December 2024, Ferrari facilities located in Italy, received the UNI/PdR 125:2022 Certification, which testifies our compliance with the guidelines on the management system for gender equality and with the set of performance indicators (KPIs) inherent to gender equality policies on organizations, in six strategic areas such as culture and strategy; governance; human resources (HR) management processes; opportunities for growth and inclusion of women in business; gender pay equity and parental protection and work-life balance. The certification is valid for three years and is subject to annual auditing. Gender Equality Certification is a tool with the objective of promoting the adoption of appropriate policies to reduce the gender gap through fair career opportunities, equal pay, gender management policies and support for parenthood. We are convinced of the need to continue promoting and implementing an equal opportunities certification in the years to come. This certification not only demonstrates our ambition to equality and inclusion, but also allows us to continuously monitor and improve our business practices. No significant operational or capital expenditures have been allocated to this action in 2024.
Report Date: 4Q2024Relevance: 50%
- Provide the gender pay gap, as defined by the difference in average pay levels between female and male employees, expressed as a percentage of the average pay level of male employees, in accordance with Disclosure Requirement S1-16 on remuneration metrics.
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Question Id: S1-16_01
The gender pay gap is -8.2%.
Report Date: 4Q2024Relevance: 75%
- Provide the annual total remuneration ratio of the highest-paid individual compared to the median annual total remuneration for all employees, excluding the highest-paid individual, as stipulated in Disclosure Requirement S1-16 – Remuneration metrics (pay gap and total remuneration).
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Question Id: S1-16_02
The annual total compensation ratio is 147.5.
Report Date: 4Q2024Relevance: 50%
- Provide any contextual information necessary to comprehend the remuneration metrics, including the pay gap and total remuneration, as required by Disclosure Requirement S1-16. Detail how the data has been compiled and any changes to the underlying data that should be considered.
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Question Id: S1-16_03
The methodology considers both the gross hourly pay level and the gender pay gap outlined in the ESRS Directive’s guideline, ESRS S1-16, AR 98. Additionally, the total number of working days, excluding national holidays and weekends, and contractual working hours, were calculated for each country.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed breakdown of the gender pay gap, as specified in Disclosure Requirement S1-16, by employee category and/or by country/segment. Additionally, disclose the gender pay gap between employees by categories, distinguishing between ordinary basic salary and complementary or variable components.
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Question Id: S1-16_04
Employee Category Male Gross Hourly Pay Female Gross Hourly Pay Gender Pay Gap Managers and Senior Managers €95.8 €93.4 2.5% Middle Managers €40.6 €42.8 -5.3% White collars €25.2 €24.5 2.7% Blue collars €14.6 €13.6 6.9% Total €24.4 €26.4 -8.2% Report Date: 4Q2024Relevance: 60%
- Provide a detailed breakdown of the gender pay gap by employee category, including ordinary basic salary and complementary or variable components, as per Disclosure Requirement S1-16 on remuneration metrics.
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Question Id: S1-16_05
Employee Category Male Gross Hourly Pay Female Gross Hourly Pay Gender Pay Gap Managers and Senior Managers €95.8 €93.4 2.5% Middle Managers €40.6 €42.8 -5.3% White collars €25.2 €24.5 2.7% Blue collars €14.6 €13.6 6.9% Total €24.4 €26.4 -8.2% Report Date: 4Q2024Relevance: 60%