Ferrari
ESRS disclosure: ESRS S3 \ DR S3-5
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- Provide a detailed account of the process utilized in establishing targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how direct engagement with affected communities, their legitimate representatives, or credible proxies with insight into their situation was conducted during the target-setting phase.
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Question Id: S3-5_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.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the process your organization employs in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies who possess insight into their situation, in tracking your organization's performance against these targets.
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Question Id: S3-5_02
Ferrari conducts surveys, focus groups, interviews with students. This engagement helps to understand their unique challenges and needs. Additionally, the committee conducts research to explore the reasons behind gaps and lack of opportunities, particularly for students pursuing STEM and motorsports careers.
Report Date: 4Q2024Relevance: 60%
- Has the undertaking engaged directly with affected communities, their legitimate representatives, or credible proxies to identify lessons or improvements resulting from the undertaking's performance, and if so, how was this engagement conducted?
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Question Id: S3-5_03
Ferrari conducts surveys, focus groups, interviews with students. This engagement helps to understand their unique challenges and needs. Additionally, the committee conducts research to explore the reasons behind gaps and lack of opportunities, particularly for students pursuing STEM and motorsports careers.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of the process your organization employs to establish targets concerning the management of significant negative impacts, the promotion of positive impacts, and the management of material risks and opportunities. Specify whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insights into their situation. Additionally, elucidate the intended outcomes your organization aims to achieve in the lives of these affected communities, ensuring specificity in your disclosure.
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Question Id: S3-5_04
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.
Report Date: 4Q2024Relevance: 60%
- Provide details on the process your organization employs to establish targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Additionally, disclose the stability of these targets over time, particularly in terms of definitions and methodologies, to ensure comparability over time.
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Question Id: S3-5_05
We are strongly dedicated to actions and initiatives that have a positive impact on the affected communities, even though no specific targets have been set. Every initiative promoted is constantly monitored and measured with regard to its effects on the affected communities thought qualitative indicators.
Report Date: 4Q2024Relevance: 40%
- Provide a detailed account of the process your organization employs to establish targets concerning the management of material negative impacts, the promotion of positive impacts, and the handling of material risks and opportunities. Specify whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insights into their situation. Additionally, disclose the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes, as per Disclosure Requirement S3-5.
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Question Id: S3-5_06
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.
Report Date: 4Q2024Relevance: 60%