Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 15
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- Provide detailed information regarding any specific policy provisions your organization has implemented to prevent and address impacts on indigenous peoples, as required by Disclosure Requirement S3-1 concerning policies related to affected communities.
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Question Id: S3-1_01
Regarding local communities along the value chain, impacts have emerged as not relevant, and the rights of indigenous people are not applicable, given the nature of our operational activities.
Report Date: 4Q2024Relevance: 30%
- What additional actions or initiatives does your company have in place with the primary purpose of delivering positive impacts for affected communities, in accordance with Disclosure Requirement S3-4, which addresses taking action on material impacts, managing material risks, and pursuing material opportunities related to affected communities?
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Question Id: S3-4_03
Ferrari aims to promote education within the local community by establishing long-term relationships with technical schools, participating in orientation committees, and implementing training of trainers (TOT) activities. They donate Ferrari equipment and participate in public tenders to finance technical classrooms and labs in collaboration with local schools. Ferrari is also a partner of the Motorvehicle University of Emilia-Romagna (MUNER), advancing educational initiatives for inclusivity in STEM fields and motorsports. They conduct surveys, focus groups, and interviews with students to gain insight and understand challenges and needs. The committee explores reasons behind gaps and lack of opportunities, particularly for students pursuing STEM and motorsports careers.
Report Date: 4Q2024Relevance: 85%