Ferrari
ESRS disclosure
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- Provide the total number of employees who have left the undertaking during the reporting period, as well as the rate of employee turnover for the same period, in accordance with Disclosure Requirement S1-6 regarding the characteristics of the undertaking's employees.
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Question Id: S1-6_11
In 2024, a total of 224 employees left the undertaking. The employee turnover rate for the same period was 4.1%.
Report Date: 4Q2024Relevance: 50%
- Provide the total number of employees who have departed from the undertaking during the reporting period and specify the rate of employee turnover for the same period, as mandated by Disclosure Requirement S1-6 concerning the characteristics of the undertaking's employees.
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Question Id: S1-6_12
In 2024, a total of 224 employees left the undertaking. The employee turnover rate for the same period was 4.1%.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed description of the methodologies and assumptions utilized in compiling the data concerning the characteristics of the undertaking's employees, as required by Disclosure Requirement S1-6. Include an indication of whether the numbers are reported.
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Question Id: S1-6_13
Employees are categorized based on the terms and conditions of their employment contracts. Permanent employees have an indefinite employment contract, whereas temporary employees have fixed-term contracts. Non-guaranteed hours employees are employed on contracts without a minimum guaranteed number of working hours. Full-time employees work the standard hours as defined by applicable legislation or the employment agreement. Part-time employees, however, work fewer hours than full-time thresholds. These distinctions apply across all countries where Ferrari has facilities.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of the methodologies and assumptions utilized in compiling employee data, specifying whether the numbers are reported in head count or full-time equivalent (FTE), and include an explanation of how FTE is defined.
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Question Id: S1-6_14
The data is disclosed in head count. Most employees have a permanent contract (99.2%) and almost all employees are full-time (99.5%).
Report Date: 4Q2024Relevance: 50%
- Provide a detailed description of the methodologies and assumptions employed in compiling employee data, specifying whether the numbers are reported at the end of the reporting period, as an average across the reporting period, or using an alternative methodology, in accordance with Disclosure Requirement S1-6 concerning the characteristics of the undertaking’s employees.
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Question Id: S1-6_15
The data in the tables above includes all employees working for Ferrari’s entities and the data is disclosed in head count. The information refers to the end of the reporting period.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed disclosure of the characteristics of your undertaking's employees, as required by Disclosure Requirement S1-6. This should include any contextual information necessary to comprehend the data, such as explanations for fluctuations in employee numbers during the reporting period, in accordance with paragraph 40(a)iii of ESRS 2 General Disclosures.
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Question Id: S1-6_16
As of December 31, 2024, Group employees were 5,435, an increase of 9 percent compared to December 31, 2023 (4,988). 93.6% of employees work in Italy, which is considered the only significant location of operation as this is where our plants and most of our workforce is located.
Report Date: 4Q2024Relevance: 85%
- Provide a cross-reference of the information reported under paragraph 50(a) to the most representative number in the financial statements, as required by Disclosure Requirement S1-6 concerning the characteristics of the undertaking's employees.
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Question Id: S1-6_17
The data is directly extracted from the HR internal database and classified into the categories described above.
Report Date: 4Q2024Relevance: 25%
- Provide a detailed breakdown of the undertaking's employees, categorized by gender and region, using either head count or full-time equivalent (FTE) metrics.
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Question Id: S1-6_18
As of December 31, 2024, the breakdown by gender and region is as follows:
- Total Italy: 744 Female (14.6%), 4,344 Male (85.4%), Total 5,088
- Total Rest of the world: 131 Female (37.8%), 216 Male (62.2%), Total 347
- Total Group: 875 Female (16.1%), 4,560 Male (83.9%), Total 5,435
Report Date: 4Q2024Relevance: 85%
- Provide the number of full-time employees, either by head count or full-time equivalent (FTE), including breakdowns by gender and by region, in accordance with Disclosure Requirement S1-6 regarding the characteristics of the undertaking's employees.
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Question Id: S1-6_19
In 2024, the number of full-time employees by head count is 5,409. The breakdown by gender and region is as follows:
- Total Italy: 5,064 full-time employees
- Total Rest of the world: 345 full-time employees
- Total Group: 5,409 full-time employees
Report Date: 4Q2024Relevance: 50%
- Provide the number of part-time employees, specifying whether the data is presented by head count or full-time equivalent (FTE), including breakdowns by gender and region, as per Disclosure Requirement S1-6 regarding the characteristics of the undertaking’s employees.
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Question Id: S1-6_20
In 2024, the number of part-time employees by head count is 26. The breakdown by gender and region is as follows:
- Total Italy: 24 part-time employees
- Total Rest of the world: 2 part-time employees
- Total Group: 26 part-time employees
Report Date: 4Q2024Relevance: 60%