Ferrari
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 e
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- Does the undertaking have established procedures to investigate business conduct incidents, including those related to corruption and bribery, in a manner that is prompt, independent, and objective, beyond the follow-up procedures for whistleblower reports as per the applicable law transposing Directive (EU) 2019/1937?
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Question Id: G1-1_08
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.
Report Date: 4Q2024Relevance: 65%
- Provide an analysis of your training activities, detailing variations by region or workforce category, especially where significant differences exist in your programs. This information should be useful to users and align with Disclosure Requirement G1-3 concerning the prevention and detection of corruption and bribery.
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Question Id: G1-3_09
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. Within the above-mentioned areas, the percentage of at-risk functions and their members covered by the training was assessed following an internal assessment. This process aims to safeguard individuals who may be exposed to such risks. The training is meticulously structured to address specific needs and it has been delivered in-person to over 90 percent of the members of those functions.
Report Date: 4Q2024Relevance: 60%