Ferrari
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 19
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- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized instruments pertinent to value chain workers, such as the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been reported within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_08
In 2024, to the best of Ferrari's knowledge, there were no severe human rights issues or incidents, nor any cases of non-respect of the human rights principle embodied into the internationally recognized standards mentioned in the 'SI—Own workforce—Human Rights' paragraph, among value chain workers.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized standards, specifically the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with these principles, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been identified within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_09
In 2024, to the best of Ferrari's knowledge, there were no severe human rights issues or incidents, nor any cases of non-respect of the human rights principle embodied into the internationally recognized standards mentioned in the 'SI—Own workforce—Human Rights' paragraph, among value chain workers.
Report Date: 4Q2024Relevance: 60%
- What resources has your undertaking allocated to manage its material impacts on value chain workers, and how do these allocations enable users to understand the management of these impacts?
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Question Id: S2-4_12
The design of Ferrari’s conflict minerals program is consistent with the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Third edition, and related Supplements on Tin, Tantalum and Tungsten and on Gold (collectively, 'OECD Guidance'). Ferrari uses the tools and programs developed by the Conflict-Free Sourcing Initiative ('CFSI'), an industry initiative that audits smelters and refiners’ due diligence activities, including in particular the Conflict Minerals Reporting Template ('CMRT') and the Conflict Free Smelter Program ('CFSP'). We are strongly committed to increasing the coverage of our analysis and the response rate through targeted actions. No significant operational or capital expenditures have been allocated to this action in 2024 or are planned for the future.
Report Date: 4Q2024Relevance: 30%