Ferrari
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%
- Identify and describe any initiatives or processes your organization has implemented that primarily aim to deliver positive impacts for affected communities, while also supporting the achievement of one or more Sustainable Development Goals. Specify if these initiatives or processes are designed to address material risks and opportunities related to specific groups within your value chain workers, such as particular age groups or workers in specific factories or countries, rather than the entire workforce.
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Question Id: S3-4_18
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: 85%