Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS S1 \ DR S1-5 \ Paragraph AR 49 c
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- Provide detailed information regarding any identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as per Disclosure Requirement S1-17. Additionally, in accordance with Disclosure Requirement S1-5, when reporting on targets related to managing material impacts, advancing positive impacts, and addressing risks and opportunities, specify the standards or commitments upon which these targets are based, including but not limited to codes of conduct, sourcing policies, global frameworks, or industry codes.
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Question Id: S1-5_06
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%