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%
- Provide a detailed account of your company's standard payment terms, expressed in the number of days, categorized by the main types of suppliers. Additionally, specify the percentage of payments that adhere to these standard terms.
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Question Id: G1-6_02
We generally pay our supplier within 60 days from the date of the invoice or from the end of the month when the invoice has been issued (standard payment terms), but single set of terms are usually agreed with suppliers of both services and material. The percentage of payments aligned with standard payment terms (within 60 days) is 95 percent, and for the SMEs the percentage does not differ significantly.
Report Date: 4Q2024Relevance: 85%