Ferrari
ESRS disclosure: ESRS S3 \ DR S3.SBM-3
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- Has the undertaking ensured that all affected communities, who are likely to be materially impacted by its operations, value chain, products, services, and business relationships, are comprehensively included within the scope of disclosure as required under ESRS 2 SBM-3? Furthermore, has the undertaking provided the necessary information as stipulated in paragraph 48?
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Question Id: S3.SBM-3_01
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: 60%
- Provide a detailed account of the types of communities that are subject to material impacts due to your company's operations, including those affected through your upstream and downstream value chain. Confirm whether all such communities are encompassed within the scope of your disclosure under ESRS 2, as per the requirements of paragraph 48. Specify the nature of these communities and their relation to your business activities, products, services, and business relationships.
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Question Id: S3.SBM-3_02
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: 60%
- Does the undertaking include all communities likely to be materially impacted by its operations and value chain in its disclosure under ESRS 2, as required by paragraph 48? Additionally, provide a brief description of the types of communities subject to material impacts by the undertaking's own operations or through its upstream and downstream value chain, specifying their characteristics.
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Question Id: S3.SBM-3_03
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: 65%
- Has the undertaking disclosed whether all affected communities likely to be materially impacted by its operations, value chain, products, services, or business relationships are included in the scope of its disclosure under ESRS 2 SBM-3? Furthermore, in cases of material negative impacts, has the undertaking specified whether these impacts are widespread or systemic in the contexts where it operates or maintains business relationships, or if they are related to individual incidents within its own operations or specific business relationships? This should encompass impacts arising from the transition to greener and climate-neutral operations, including those associated with innovation, restructuring, mine closures, increased mineral mining for sustainable economy transitions, and solar panel production.
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Question Id: S3.SBM-3_04
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: 60%
- Provide a comprehensive description of the activities undertaken by your company that result in material positive impacts on affected communities. Include details on the types of communities that are positively affected or could potentially be positively affected by these activities. Additionally, specify whether these positive impacts occur in particular countries or regions. Ensure that all affected communities likely to be materially impacted by your operations, value chain, products, services, and business relationships are encompassed within the scope of your disclosure, as per the requirements of ESRS 2 SBM-3.
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Question Id: S3.SBM-3_05
Our efforts are directed to support community development mainly through collaborations with local universities and schools and thanks to the industry network in the Emilia-Romagna region. We believe that promoting the education of young talents is an essential step to reinforce the connection with local communities. Developing talented and brilliant engineers with a specific academic background focused on emerging technologies in the automotive industry, and in particular innovative solutions for state-of-the-art performance in luxury sports cars and racing cars, is essential for the Group to seize future opportunities.
Report Date: 4Q2024Relevance: 65%
- Provide a comprehensive description of any material risks and opportunities that arise from the impacts and dependencies on affected communities, ensuring that all communities likely to be materially impacted by your operations, value chain, products, services, and business relationships are included within the scope of your disclosure as per ESRS 2 SBM-3.
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Question Id: S3.SBM-3_06
Opportunities arising from impacts and dependencies on affected communities are related to communities of Ferrari S.p.A. Additionally, there are no negative impacts on affected communities with particular characteristics, those at greater risk of harm or those living in particular contexts.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed account of whether and how your organization has developed an understanding of the potential risks faced by communities with specific characteristics, those residing in particular contexts, or those engaged in specific activities, as part of your materiality assessment under ESRS 2 SBM-3. This should include an analysis of the main types of communities that are or could be negatively impacted, in accordance with Disclosure Requirement ESRS 2 IRO-1.
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Question Id: S3.SBM-3_07
Opportunities arising from impacts and dependencies on affected communities are related to communities of Ferrari S.p.A. Additionally, there are no negative impacts on affected communities with particular characteristics, those at greater risk of harm or those living in particular contexts.
Report Date: 4Q2024Relevance: 50%
- Identify and disclose any material risks and opportunities that arise from impacts and dependencies on affected communities, specifying which of these pertain to particular groups within those communities, as opposed to the broader community, in accordance with ESRS 2 SBM-3.
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Question Id: S3.SBM-3_08
Opportunities arising from impacts and dependencies on affected communities are related to communities of Ferrari S.p.A. Additionally, there are no negative impacts on affected communities with particular characteristics, those at greater risk of harm or those living in particular contexts.
Report Date: 4Q2024Relevance: 60%