Ferrari
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 c
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- Does your company currently lack policies on anti-corruption or anti-bribery that align with the United Nations Convention against Corruption? If so, provide a statement confirming this absence and detail any plans for future implementation, including a proposed timetable.
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Question Id: G1-1_03
The Ferrari Group strives to uphold the highest standards of integrity, honesty, and fairness in all internal and external affairs and does not tolerate any kind of bribery. The laws of virtually all countries in which Ferrari operates prohibit bribery and any violation of anti-bribery and anticorruption laws would entail serious consequences for both companies and individuals, which can result in significant fines, imprisonment of individuals, and reputational damages.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of the measures your organization has implemented to safeguard against reporting irregularities, specifically focusing on the protection mechanisms in place for whistleblowers. This information should align with the requirements outlined in Disclosure Requirement G1-1 concerning business conduct policies and corporate culture.
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Question Id: G1-1_05
Ferrari has adopted the Ethics Helpline, a channel which allows all stakeholders (employees, customers, suppliers, and partners) and any third parties to request advice and/or report concerns about alleged situations, events, or actions which may be inconsistent with the values set out in the Code of Conduct, Organizational Models, laws and regulations, as well as business practices and corporate rules. The allegations are assessed by the relevant departments of Ferrari and managed in accordance with the Whistleblowing Procedure, prepared on the basis of international best practices as well as applicable laws and regulations. The Ethics Helpline can be accessed either by phone or by web, with multiple languages available, and it is available 24 hours a day, seven days a week. Reports may also be made anonymously.
Report Date: 4Q2024Relevance: 85%