Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 14
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- Does the undertaking identify any material prior period errors as outlined in ESRS 1, section 7.5, regarding reporting errors in prior periods, and if so, what disclosures are provided in relation to these errors?
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Question Id: E1-1_01
No material prior period errors are identified or disclosed.
Report Date: 4Q2024Relevance: 75%
- Provide a detailed account of whether and how climate-related considerations are integrated into the remuneration structures for members of the administrative, management, and supervisory bodies. Include an assessment of whether their performance is evaluated against the GHG emission reduction targets as outlined in Disclosure Requirement E1-4. Additionally, specify the percentage of remuneration for the current period that is associated with climate-related considerations, and elucidate the nature of these climate considerations.
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Question Id: E1.GOV-3_01
In addition, for the Equity Incentive Plan 2022-2024 and the Equity Incentive Plan 2023-2025, the innovation target has been replaced by an ESG target focusing on an Environment Factor and a Social Factor. The ESG target weighs 20 percent of the awards based on the achievement of defined objectives relating to environmental and social factors. In particular, 50 percent of the ESG Target is based on the reduction of CO2 carbon emissions and 50 percent is based on the maintenance of the Equal Salary certification.
Report Date: 4Q2024Relevance: 80%