Ferrari
ESRS disclosure: ESRS S3 \ DR S3-2 \ Paragraph 21
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- "Provide a detailed account of whether and how the perspectives of affected communities are integrated into your company's decision-making processes or activities concerning the management of actual and potential impacts on these communities. Include, where applicable, an explanation of the methods and processes employed for such engagement."
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Question Id: S3-2_01
In line with our values, our impacts, risks and opportunities, we seek to play a key role in supporting the communities within which we operate, with a view to shared growth. For this reason, according to our Code of Conduct, we engage in constant and transparent dialogue with communities and the main local stakeholders involved directly or indirectly in our activities and in the development of social initiatives. The practice covers the following impacts and opportunity: “Support community education through general and technical programs”, “Impact on the community (e.g. Maranello) wealth thanks to the employment (e.g. job opportunities for local students, financial stability of employees)” and “Improved reputation and acquisition of new skills/expertise through stronger relationships with local communities and wealth generation (e.g. collaboration with schools and universities, local job creation, support for small local businesses)”.
Report Date: 4Q2024Relevance: 65%
- What resources has your company allocated to manage its material impacts on affected communities, and how do these resources contribute to the management of material risks and opportunities related to these communities? Additionally, provide information that allows users to understand the effectiveness of these actions.
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Question Id: S3-4_12
Ferrari has installed a Miri Classroom at a local elementary school, providing immersive and inclusive learning environments. They continue work with the e.DO Learning Center, offering students opportunities to learn about artificial intelligence and new technologies. Ferrari has been a partner of 'ITS Maker', providing students with practical skills and internships. They are also involved in the Motorvehicle University of Emilia-Romagna (MUNER), promoting inclusivity in STEM fields and motorsports. These initiatives are aimed at supporting the local community and enhancing educational opportunities.
Report Date: 4Q2024Relevance: 65%