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?
-
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 developed an understanding of how workers with specific characteristics, those operating in particular contexts, or those engaged in specific activities may be at an increased risk of harm, and if so, how has this understanding been achieved? Please provide details in accordance with the materiality assessment outlined in ESRS 2 IRO-1, as it pertains to the main types of value chain workers who are or could be negatively affected.
-
Question Id: S2.SBM-3_08
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%