Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 15
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- Does the undertaking disclose the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically detailing whether and how direct engagement with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation, was conducted? Additionally, when disclosing the embedding of external-facing policies related to value chain workers, does the undertaking consider internal policies of responsible sourcing and alignment with other relevant policies, such as those addressing forced labour? Furthermore, does the summary of supplier codes of conduct indicate whether they include provisions addressing worker safety, precarious work, human trafficking, forced labour, or child labour, and confirm that these provisions are fully in line with applicable ILO standards?
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Question Id: S2-1_07
Currently, Ferrari has not defined specific targets for workers within the value chain. To guarantee a high standard of ethics and behavior, all third parties that wish to collaborate with Ferrari must sign the Statement of Commitment, an annex of their contract, to comply with the Code of Conduct and the Organizational Model. The Code of Conduct includes provisions addressing human rights, including the prohibition of child labor, compulsory labor and forced labor, trafficking and serfdom.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of whether and how the perspectives of value chain workers are integrated into your decision-making processes or activities concerning the management of actual and potential impacts on these workers. Include, where applicable, a description of any Global Framework Agreements or other agreements with global union federations that pertain to the respect of human rights of workers within the value chain. Additionally, explain how such agreements facilitate the undertaking's understanding of the workers' perspectives, particularly in relation to their right to bargain collectively.
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Question Id: S2-2_05
Our current practice does not entail the direct involvement of value chain workers or their representatives in the assessment of impacts, both actual and potential, that might affect them.
Report Date: 4Q2024Relevance: 25%