Ferrari
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 h
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- 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%
- Is the investigating committee or the investigators distinct from the management chain responsible for the prevention and detection of corruption and bribery?
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Question Id: G1-3_02
The Internal Audit and Compliance functions (to be collectively intended as the “Whistleblowing Team”) are independent from the chain of management involved in the report, and attend periodical training sessions to properly manage the Whistleblowing process. However, if one of the members of the Whistleblowing Team is in a situation of potential conflict of interest, he/she shall promptly declare the existence of such a situation to the other members of the Whistleblowing Team, abstaining from any activity related to the report and not being made aware of the subsequent developments of the relevant activities. The report itself will be managed exclusively by the other members of the Whistleblowing Team. In the event that all members of the Whistleblowing Team are in a situation of potential conflict of interest, the Audit Committee will be informed of the situation and, to guarantee the same level of independence required, the report will be handled by the identified corporate functions, in accordance with the Whistleblowing Procedure.
Report Date: 4Q2024Relevance: 90%