Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS S3 \ DR S3-4 \ Paragraph AR 34 a
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- Provide a detailed account of the process your organization employs to establish targets related to managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, disclose whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Additionally, describe the role these communities, representatives, or proxies play in decision-making processes concerning the design and implementation of initiatives or programs aimed at delivering positive impacts based on the needs of the affected communities.
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Question Id: S3-4_15
Ferrari engages with affected communities through educational initiatives, collaborating with technical schools and universities. 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: 60%