Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 17
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- Provide a detailed account of whether and how your organization's policies concerning affected communities align with internationally recognized standards, specifically those pertinent to communities and indigenous peoples. This includes alignment with the United Nations (UN) Guiding Principles on Business and Human Rights. Additionally, disclose 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 that involve affected communities. Include information on whether such cases have been reported within your operations or throughout your upstream and downstream value chain, and specify the nature of these cases, if applicable.
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Question Id: S3-1_06
In 2024, to the best of our 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 affected communities.
Report Date: 4Q2024Relevance: 60%
- Has your company established policies concerning affected communities that align with internationally recognized standards, such as the United Nations Guiding Principles on Business and Human Rights? Additionally, provide details on 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 operations or throughout your value chain. If applicable, specify the nature of these cases.
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Question Id: S3-1_07
In 2024, to the best of our 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 affected communities.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the processes your organization employs to engage with affected communities, specifically focusing on indigenous peoples. Include an explanation of how your organization acknowledges and respects the unique rights of indigenous peoples within your stakeholder engagement strategy. This should encompass their right to free, prior, and informed consent concerning their cultural, intellectual, religious, and spiritual property; activities impacting their lands and territories; and any legislative or administrative measures affecting them. Additionally, disclose whether and how indigenous peoples have been consulted regarding the mode and parameters of the engagement, such as in the design of the agenda, nature, and timeliness of the engagement.
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Question Id: S3-2_07
Regarding local communities along the value chain, impacts have emerged as not relevant, and the rights of indigenous people are not applicable, given the nature of our operational activities.
Report Date: 4Q2024Relevance: 20%