Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 16 b
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- Provide a detailed description of your company's human rights policy commitments relevant to affected communities. Include information on the processes and mechanisms in place to monitor 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. Focus on material matters and outline your general approach to engaging with affected communities.
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Question Id: S3-1_04
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%
- 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 detailing whether and how it engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation? Additionally, does the undertaking describe the processes to remediate negative impacts and the channels available for affected communities to raise concerns, particularly in relation to the protection of individuals using these mechanisms against retaliation? Furthermore, does the undertaking treat grievances confidentially, respecting privacy and data protection rights, and are the mechanisms available for anonymous use, such as through representation by a third party?
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Question Id: S3-3_21
The Whistleblowing procedure protects the whistleblower against retaliation.
Report Date: 4Q2024Relevance: 20%