Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph AR 11
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- Provide a detailed account of the methods and channels used to communicate your policies to relevant individuals, groups, or entities. This includes those expected to implement the policies, such as employees, contractors, and suppliers, as well as those with a vested interest in their execution, like workers and investors. Include any communication tools utilized, such as flyers, newsletters, dedicated websites, social media, face-to-face interactions, or representatives. Additionally, describe any measures taken to ensure accessibility and comprehension of the policies, such as translations or graphic depictions, and explain how potential barriers to dissemination are identified and addressed.
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Question Id: S3-1_09
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: 50%
- Provide a detailed account of the actions your organization has taken, plans to take, or is currently undertaking to prevent or mitigate material negative impacts on affected communities. Include approaches to managing material risks and pursuing material opportunities related to these communities, as well as the effectiveness of these actions.
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Question Id: S3-4_01
Ferrari is committed to supporting the development of local communities through collaborations with local universities and schools, and thanks to the industry network in the Emilia-Romagna region. They focus on promoting the education of young talents and developing engineers with a specific academic background focused on emerging technologies in the automotive industry. Ferrari supports community education through general and technical programs and impacts the community by providing job opportunities for local students and financial stability for employees. They also aim to improve reputation and acquisition of new skills/expertise through stronger relationships with local communities and wealth generation. Ferrari has no negative impacts on affected communities with particular characteristics and is dedicated to respecting the rights of local communities and contributing positively to their realization. They have a whistleblowing procedure to protect against retaliation and have not communicated the Ethics Helpline to affected communities, although it is publicly reachable.
Report Date: 4Q2024Relevance: 65%