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%
- Provide a detailed account of whether all value chain workers potentially subject to material impacts by your organization, including those affected through your operations, products, services, and business relationships, are encompassed within the scope of your disclosure under ESRS 2. Additionally, offer a concise description of the types of value chain workers who could be materially impacted, specifying their connection to your operations, value chain, products, services, and business relationships.
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Question Id: S2.SBM-3_02
Ferrari’s value chain involves a diverse range of people across various sectors and geographical locations. Upstream workers are part of the supply chain that provides raw materials, components and services to Ferrari. They include metal and mineral extraction workers, involved in the extraction and refining of metals used in the production process, and workers engaged in the production of components and materials. Downstream workers include mostly dealers responsible for selling Ferrari cars and logistics workers that manage the transportation and delivery of vehicles and parts. In addition, workers operating on our sites that are not part of our own workforce (i.e. temporary workers) include consultants, and employees of cleaning and temporary building maintenance companies.
Report Date: 4Q2024Relevance: 70%