Ferrari
ESRS disclosure: S2-4_12
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- 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%