Ferrari
ESRS disclosure: ESRS S3 \ DR S3-2 \ Paragraph 21
Tags Tree
- Can you provide a detailed explanation of any significant changes made to the policies adopted during the reporting year, specifically in relation to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Include a description of the process for setting these targets, and specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Ensure that the description includes key information necessary for a faithful representation of the policies related to affected communities, particularly highlighting any new or additional approaches to engagement, due diligence, and remedy.
-
Question Id: S3-1_08
Affected communities included in the scope of the disclosure under ESRS 2 are mainly communities located near the production plants. In 2024, no negative impacts on affected communities emerged. Nevertheless, a whistleblowing channel is available to third parties, including members of the community.
Report Date: 4Q2024Relevance: 30%
- "Provide a detailed account of whether and how the perspectives of affected communities are integrated into your company's decision-making processes or activities concerning the management of actual and potential impacts on these communities. Include, where applicable, an explanation of the methods and processes employed for such engagement."
-
Question Id: S3-2_01
In line with our values, our impacts, risks and opportunities, we seek to play a key role in supporting the communities within which we operate, with a view to shared growth. For this reason, according to our Code of Conduct, we engage in constant and transparent dialogue with communities and the main local stakeholders involved directly or indirectly in our activities and in the development of social initiatives. The practice covers the following impacts and opportunity: “Support community education through general and technical programs”, “Impact on the community (e.g. Maranello) wealth thanks to the employment (e.g. job opportunities for local students, financial stability of employees)” and “Improved reputation and acquisition of new skills/expertise through stronger relationships with local communities and wealth generation (e.g. collaboration with schools and universities, local job creation, support for small local businesses)”.
Report Date: 4Q2024Relevance: 65%