Ferrari
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 h
Tags Tree
- 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.
-
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%
- Provide detailed information regarding the nature, scope, and depth of the anti-corruption and anti-bribery training programs that are either offered or mandated by your organization, as stipulated under Disclosure Requirement G1-3 for the prevention and detection of corruption and bribery.
-
Question Id: G1-3_06
During 2024, dedicated trainings and awareness initiatives on various compliance topics such as anticorruption have been provided to our employees, with the aim to promote the consistency of their behaviors with the applicable anticorruption laws and regulations. We believe that every employee shall be informed on the applicable Anticorruption laws, so to be aware of the risks, the relevant personal and corporate responsibilities and have a clear understanding of the actions needed to tackle bribery and any potential violation of such laws. Mandatory induction training programs are delivered to all new joiners both in person and through a specific e-learning platform with the support of the Human Resources department. These trainings provide the necessary knowledge of Anticorruption laws and the instructions to recognize any potential criticalities. Nevertheless, the Compliance function monitors the level of awareness on anticorruption - and all other compliance topics, among which antitrust, privacy, and confidentiality, of the entire Ferrari population, including the FLT. Indeed, every year, for all compliance topics, the Compliance function assesses the level of risk of exposure of each area, function and activity. According to the results of this assessment, in-depth training is deployed to the at-risk functions on the specific compliance topic. The training programs are targeted to employees who are identified according to their roles in Ferrari and their related exposure to the concerned compliance risk.
Report Date: 4Q2024Relevance: 85%