Ferrari
ESRS disclosure: ESRS ESRS 2 \ DR BP-1
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- Provide information on whether the sustainability statement has been prepared on a consolidated or individual basis, as per Disclosure Requirement BP-1 – General basis for preparation of the sustainability statement.
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Question Id: BP-1_01
This Statement has been prepared on a consolidated basis.
Report Date: 4Q2024Relevance: 100%
- Confirm whether the scope of consolidation for the consolidated sustainability statement aligns with that of the financial statements. If not applicable, declare whether the reporting undertaking is exempt from preparing financial statements or is preparing consolidated sustainability reporting in accordance with Article 48i of Directive 2013/34/EU.
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Question Id: BP-1_02
The scope of consolidation corresponds to Ferrari N.V.’s Consolidated Financial Statements.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the extent to which the sustainability statement encompasses the undertaking's upstream and downstream value chain, as stipulated in Disclosure Requirement BP-1 concerning the general basis for preparation of the sustainability statement.
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Question Id: BP-1_04
The Sustainability Statement covers our upstream and downstream value chain with respect to policies and actions related to material IROs identified along our value chain.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking exercised the option to omit any specific information related to intellectual property, know-how, or results of innovation in the preparation of the sustainability statement, as per Disclosure Requirement BP-1 and ESRS 1 section 7.7?
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Question Id: BP-1_05
We did not use the option to omit a specific piece of information corresponding to intellectual property know-how or the results of innovation.
Report Date: 4Q2024Relevance: 90%
- Has the undertaking utilized the exemption permitted by its EU member state to omit disclosure of impending developments or matters currently under negotiation, as outlined in articles 19a(3) and 29a(3) of Directive 2013/34/EU, in the preparation of the sustainability statement?
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Question Id: BP-1_06
We did not use the option to omit any exemption from disclosure of impending developments or matters in the course of negotiation.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed explanation of the methodology employed to determine the material information for disclosure concerning material impacts, risks, and opportunities. This should include any thresholds applied and the criteria from ESRS 1 section 3.2 regarding material matters and materiality of information that have been implemented.
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Question Id: IRO-2_13
The double materiality assessment methodology 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, and 4) Validation of the impacts, risks, and opportunities. The process includes analyzing Ferrari's strategy, targets, and ambitions, and identifying impacts based on severity and likelihood. A quantitative threshold mechanism is used, with a threshold set higher than 8 out of 25 to identify relevant risks. The assessment is supervised by the Ferrari Group's Chief Financial Officer and approved by the Executive Officers and the Audit Committee.
Report Date: 4Q2024Relevance: 85%