Ferrari
Automobile Manufacturers
Netherlands
ESRS disclosure: ESRS S3 \ DR S3-1 \ Paragraph 15
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- Provide detailed information regarding any specific policy provisions your organization has implemented to prevent and address impacts on indigenous peoples, as required by Disclosure Requirement S3-1 concerning policies related to affected communities.
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Question Id: S3-1_01
Regarding local communities along the value chain, impacts have emerged as not relevant, and the rights of indigenous people are not applicable, given the nature of our operational activities.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed description of the internal functions involved in managing impacts, specifying the types of actions these functions undertake to address negative impacts and promote positive impacts. This disclosure should align with the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, as outlined in Disclosure Requirement S3-5. Additionally, indicate whether and how the undertaking engaged with affected communities or their representatives in accordance with Disclosure Requirement S3-4.
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Question Id: S3-4_19
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%