Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: GOV-1_14
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- Provide a detailed account of the roles and responsibilities of the administrative, management, and supervisory bodies, including senior executive management, in overseeing the establishment of targets concerning material impacts, risks, and opportunities. Additionally, explain the mechanisms in place for monitoring progress towards these targets.
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Question Id: GOV-1_14
The Chief Financial Officer, a member of the FLT and Head of the ESG Strategic Committee, is responsible for the sustainability function. It oversees the sustainability activities within the Group, promoting dialog between different teams and functions, identifying impacts and opportunities as well as supporting risk identification. The Chief Financial Officer periodically reports back to the Board of Directors on the management of the organization’s impacts, as well as the setting and progress of ESG targets and the definition of remediation plans if required.
Report Date: 4Q2024Relevance: 80%