Provide a comprehensive description of the process your organization employs to identify, assess, prioritize, and monitor potential and actual impacts on people and the environment. This should be informed by your due diligence process and include an explanation of whether and how this process considers impacts arising from your own operations or as a result of your business relationships.

Question

Accepted Answer

The process involves four main steps: 1. Analysis of the internal and external context 2. Identification of potential sustainability impacts, risks and opportunities 3. Impacts, risks and opportunity evaluation 4. Validation of the impacts, risks and opportunities. The process to identify risks and to assess which are material is integrated in the Risk Management system (ERM). In particular, sustainability-related risks are identified through a specific classification.

Ferrari

ESRS disclosure: IRO-1_04

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