Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph AR 9
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- 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.
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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 the processes your organization employs to engage with affected communities regarding impacts. Specifically, disclose whether and how the perspectives of these communities are integrated into your decision-making or activities aimed at managing actual and potential impacts. Include an explanation of how your organization assesses the effectiveness of its engagement with affected communities, detailing any relevant agreements or outcomes that have resulted from these engagements.
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Question Id: S3-2_05
Community engagement takes place through technical committees composed of representatives of technical institutes or universities, among which school directors and teachers in charge of such courses. The topics included in the different course curricula are discussed with Ferrari representatives, with the purpose of providing students with the skills needed for their future careers. These engagement activities can be considered effective given that this cooperation has been ongoing for many years.
Report Date: 4Q2024Relevance: 50%