Ferrari
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 15
Tags Tree
- 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%
- Has the undertaking disclosed whether all value chain workers, who are likely to be materially impacted by the undertaking, including those connected with its own operations, value chain, products, services, and business relationships, are included in the scope of its disclosure under ESRS 2 SBM-3 paragraph 48? Furthermore, has the undertaking provided information on any material risks and opportunities arising from impacts and dependencies on these value chain workers?
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Question Id: S2.SBM-3_07
We are in the process of structuring an ESG Due Diligence activity on our suppliers, however, we have not yet formalized a specific action plan to address the material impacts, risks and opportunities on all workers in the value chain. This implies that we have yet to implement systematic measures to identify, assess and mitigate risks that may jeopardize the well-being of workers involved in the different stages of our value chain.
Report Date: 4Q2024Relevance: 50%