Ferrari
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 h
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- Provide detailed information regarding the undertaking's policy for training within the organisation on business conduct. This should include specifics on the target audience, the frequency of training sessions, and the depth of coverage.
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Question Id: G1-1_10
In 2024, a series of training activities, both online and in person, have been carried out involving employees. Moreover, in 2024, Ferrari continued to implement a training and verification project in different departments aimed at raising awareness on the specific topic of information confidentiality safeguards. Furthermore, specific Business Ethics and Compliance (“BEC”) surveys are conducted by the Internal Audit and Compliance functions as part of audit activities carried out according to the yearly audit plan, to assess the Ferrari Group's worldwide workforce awareness of the Code of Conduct and other ethics-related procedures. In 2024, BEC surveys were conducted on topics such as: Code of Conduct, Whistleblowing procedure, Gifts and Entertainment Expenses’ Management procedure, Group Regulatory Framework and Information Confidentiality. Based on the related outcomes dedicated and targeted training sessions and awareness activities were delivered.
Report Date: 4Q2024Relevance: 70%
- Identify and disclose the functions within your organization that are most susceptible to risks associated with corruption and bribery, as per Disclosure Requirement G1-1 concerning business conduct policies and corporate culture.
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Question Id: G1-1_11
In 2024, the risk assessment revealed that 4 areas are the most at-risk in terms of Anticorruption topics: Marketing & Commercial, Racing Revenues and Purchasing & Quality, representing approximately 20 percent of the areas considered in the assessment. Consequently, tailored face-to-face training sessions and awareness activities were delivered to these areas in relation, on a case-by-case approach, to the most significant anticorruption matters, including general ethical principles, management of at-risk activities (e.g., third parties’ due diligence, gifts & hospitalities, non-profit initiatives) and the use of whistleblowing channels and processes.
Report Date: 4Q2024Relevance: 90%