Ferrari
ESRS disclosure: ESRS S3 \ DR S3-2 \ Paragraph 21
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- "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."
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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%
- Does the undertaking disclose the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically addressing whether and how it engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation? Furthermore, in relation to each material impact, does the undertaking provide information on whether and how affected communities can access channels at the level of the undertaking they are impacted by, including details on language accessibility and consultation in the design of these channels?
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Question Id: S3-3_18
We are strongly dedicated to actions and initiatives that have a positive impact on the affected communities, even though no specific targets have been set.
Report Date: 4Q2024Relevance: 30%