Ferrari
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 23
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- Does the undertaking have a workplace accident prevention policy or management system in place?
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Question Id: S1-1_09
We are dedicated to safeguarding the health and safety of the entire Ferrari workforce by preparing and adopting every necessary and appropriate measure to uphold our workplaces to the highest standards of health, safety and hygiene. We promote the dissemination and reinforcement of a health and safety culture within our organization, in particular by raising awareness on health and safety-related risks and fostering responsible behaviors of all our employees, also through awareness-raising campaigns and training activities. The practice covers the following impacts: “Work-life balance, attention to mental health with positive impacts on employees’ physical and mental well-being” and “Work-related injuries (employees, workers whose work or workplace is controlled by Ferrari)”. We regularly evaluate the impacts of our operations and investments to minimize any potential risk on our employees and communities. We do so by implementing all the necessary control measures and remediating identified risks of accidents, injuries, and health and environmental impacts. For further information please refer to “S1—Own workforce—Human Rights” paragraph. Moreover, as part of the management system ISO 45001:2018, Ferrari has formalized two Health & Safety policies covering Ferrari S.p.A. and Mugello Circuit S.p.A., respectively. Both policies aim to achieve the best possible occupational health and safety conditions, including accident prevention, for its employees and collaborators, as well as for suppliers and contractors in general.
Report Date: 4Q2024Relevance: 95%
- Provide detailed information regarding the intended or achieved positive outcomes of programmes or processes designed to benefit your own workforce, as outlined in Disclosure Requirement S1-4. This should include any initiatives or processes aimed at delivering positive impacts based on the needs of your workforce, and progress in their implementation.
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Question Id: S1-4_17
Talent attraction, retention, development and training are covered by our Human Rights practice. The practice covers the following IROs: “Positive impacts on employees’ motivation and sense of belonging thanks to secure employment and working time, competitive remuneration, benefits, training opportunities and career development”, “Loss of knowledge and key skills due to high turnover or low development with negative indirect impacts on stakeholders (e.g. customers)”, “High and/or misplaced usage of external resources (consultants, temporary workers, staff leasing) that can also have critical competence and know-how, and deal with strategic projects”, “Increased responsiveness to market challenges by re-skilling and up-skilling employees (e.g. for full-electric vehicles)” and “Employee satisfaction & retention, including adequate wages, training and development of employees: attracting, retaining and developing the best talent through policies and practices related to employees as an opportunity for the company”.
Report Date: 4Q2024Relevance: 80%