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 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%