Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph AR 9
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- Can you provide a detailed explanation of any significant changes made to the policies adopted during the reporting year, specifically in relation to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Include a description of the process for setting these targets, and specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Ensure that the description includes key information necessary for a faithful representation of the policies related to affected communities, particularly highlighting any new or additional approaches to engagement, due diligence, and remedy.
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Question Id: S3-1_08
Affected communities included in the scope of the disclosure under ESRS 2 are mainly communities located near the production plants. In 2024, no negative impacts on affected communities emerged. Nevertheless, a whistleblowing channel is available to third parties, including members of the community.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed description of the processes your organization employs to determine necessary and appropriate actions in response to specific actual or potential material negative impacts on affected communities.
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Question Id: S3-4_05
Ferrari has a whistleblowing procedure that allows affected communities to raise concerns or needs through the Ethics Helpline available on their corporate website. However, the Ethics Helpline has not been officially communicated to the affected communities even if it is publicly reachable.
Report Date: 4Q2024Relevance: 60%