Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 16 a
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- 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 detailed information on the process your organization employs to establish targets related to managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, indicate whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Additionally, disclose the availability and accessibility of third-party mechanisms, such as those operated by government entities, NGOs, industry associations, or other collaborative initiatives, to all affected communities who may be potentially or actually materially impacted by your operations, as well as individuals or organizations acting on their behalf or who are otherwise positioned to be aware of negative impacts.
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Question Id: S3-3_19
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: 20%