Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 16 a
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- What are your company's human rights policy commitments concerning affected communities, including the processes and mechanisms in place to ensure 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? Additionally, provide a detailed account of your general approach to respecting the human rights of communities, with particular emphasis on indigenous peoples.
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Question Id: S3-1_03
Ferrari is firmly dedicated to respecting the rights of local communities and to positively contributing to their realization, believing that their cultural and natural heritage, as well as traditions and customs, are key elements for the success of its business and for the whole society. Our support to a range of associations and local authorities is evidence of our commitment in this area. For a detailed description of key contents refer to the Code of Conduct, please refer to the “GI—Business Conduct—Business conduct policies and corporate culture” paragraph. In addition, the attention to affected communities is also outlined in the Human Rights Practice. For additional information please refer to the “SI—Own workforce—Human Rights” paragraph.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of the specific channels established for affected communities to directly communicate their concerns or needs with your organization and the mechanisms in place to address these issues. Indicate whether these channels are instituted by your organization or through collaboration with third-party mechanisms.
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Question Id: S3-3_11
In particular, the affected communities can raise their concerns or needs through the Ethics Helpline, available on our corporate website. The Whistleblowing procedure protects the whistleblower against retaliation. In specific business relationship cases, Ferrari requires the acceptance of the Code of Conduct which includes references to the Whistleblowing policy and the Ethics Helpline for reporting concerns. As of the date of publication of this Report, the Ethics Helpline has not been officially communicated to the affected communities even if it is publicly reachable from Ferrari corporate website.
Report Date: 4Q2024Relevance: 65%