Ferrari
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 16
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- Provide a detailed account of your organization's human rights policy commitments that pertain to affected communities. This should include the processes and mechanisms in place to ensure adherence to the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Emphasize aspects that are materially significant and outline your overall strategy in this context.
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Question Id: S3-1_02
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 whether and how it ensures that its own practices do not cause or contribute to material negative impacts on affected communities? This includes detailing actions taken to avoid such impacts, particularly in areas such as planning, land acquisition, exploitation, finance, extraction or production of raw materials, use of natural resources, and management of environmental impacts. Additionally, does the disclosure address the approach taken when tensions arise between preventing or mitigating material negative impacts and other business pressures?
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Question Id: S3-4_10
Ferrari is firmly dedicated to respecting the rights of local communities and contributing positively 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. Their support to a range of associations and local authorities is evidence of their commitment in this area.
Report Date: 4Q2024Relevance: 40%