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 a detailed description of the internal functions involved in managing impacts related to severe human rights incidents, such as forced labor, human trafficking, or child labor. Additionally, specify the types of actions these internal functions undertake to address negative impacts and promote positive impacts. This disclosure should align with the management of material impacts on your own workforce, including the approaches to managing material risks and pursuing material opportunities, as well as the effectiveness of these actions.
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Question Id: S1-4_20
The Human Rights Practice officially entered into force in 2021 and it applies to the entire Ferrari Group, pursuant to local legislation. It was approved by the Ferrari Leadership Team (FLT), the most senior level accountable for the implementation of the practice, who plays a key role in overseeing its adequacy. 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: 60%