Provide a detailed disclosure regarding the types of employees within your organization who are not covered by social protection, either through public programs or company-offered benefits, against income loss due to sickness. Specify the countries where such employees are located and identify the major life events, as outlined in paragraph 72, for which these employees lack social protection.

Question

Accepted Answer

Employees in Italy and of foreign subsidiaries receive wages that exceed the minimum wage provided by the ESRS guidelines (S1-10 AR 73). In particular, all employees of the Group in Italy are covered by collective agreements (Contratto Collettivo Specifico di Lavoro (CCSL) and a collective bargaining agreement for our managers, signed by the Italian trade union, Federmanager, on April 28, 2023.

Ferrari

ESRS disclosure: S1-11_07

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