Ferrari
ESRS disclosure: ESRS S3 \ DR S3-4 \ Paragraph AR 34 b
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- Provide detailed information regarding the intended or achieved positive outcomes of your programmes or investments for affected communities. Include a description of the process for setting targets, specifying whether and how direct engagement with affected communities, their legitimate representatives, or credible proxies was conducted. Additionally, outline the actions taken to address material impacts, manage material risks, and pursue opportunities related to these communities, and evaluate the effectiveness of these actions.
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Question Id: S3-4_16
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: 80%