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 are the intended outcomes your organization aims to achieve in the lives of individuals within your own workforce, as related to managing material impacts, advancing positive impacts, and addressing risks and opportunities, in accordance with Disclosure Requirement S1-5? Additionally, provide information on any identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as per Disclosure Requirement S1-17.
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Question Id: S1-5_04
Ferrari aims to respect, protect and promote human rights as laid down in the Human Rights Practice, which is inspired by the guiding principles set forth in the Code of Conduct. The practice covers impacts and risks such as the prohibition of child labor, compulsory labor and forced labor, human trafficking and serfdom, and the attention to a healthy and safe working environment. In 2024, according to our workforce, the Company identified two cases of discrimination and/or harassment leading to disciplinary actions, no cases of severe human rights incidents and no complaints about violations of human rights emerged from National Contact Points for OECD Multinational Enterprises.
Report Date: 4Q2024Relevance: 85%