Ferrari
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 21
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- Disclose whether and how your company's policies concerning its own workforce align with relevant internationally recognized instruments, including the UN Guiding Principles on Business and Human Rights.
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Question Id: S1-1_07
The Human Rights Practice is in line with significant third parties initiatives, including: the International Bill on Human Rights, the United Nations Guiding Principles on Business and Human Rights and the UN Global Compact Ten Principles, the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work and Conventions, the Organization for Economic Co-operation and Development (OECD) Guidelines for Multinational Companies, the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, and the Charter of Fundamental Rights of the European Union.
Report Date: 4Q2024Relevance: 90%
- What actions are currently planned or being implemented to pursue material opportunities concerning your own workforce?
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Question Id: S1-4_07
To shape and prepare the future managerial class for business, innovation, management and human capital development challenges. In 2024, we completed the fifth edition of the Ferrari Corporate Executive MBA (EMBA), our master’s program designed to enhance the management skills of attendees, expose them to the most recent innovations, and convey the Ferrari leadership model. This master’s degree, which over the past five years has involved more than 180 people, offers a unique tailor-made program to create a significant group within the management class that will be able to grasp the challenges of the future, while at the same time preserving the tradition of Ferrari. The EMBA is designed for 30 managers of the Ferrari Group who, for about 12-15 months, participate in face-to-face and online lectures. The course includes innovation talks, leadership workshops and production plant site visits. In 2024, the EMBA was expanded beyond Italy, allowing managers to study in the U.S. and China and foster personal and professional growth through exposure to international business models and cultures.
Report Date: 4Q2024Relevance: 85%