Provide a detailed account of the process your organization employs to establish targets for managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, clarify whether and how your organization engages directly with consumers, end-users, their legitimate representatives, or credible proxies with insights into their situation. Furthermore, when disclosing participation in an industry or multi-stakeholder initiative aimed at addressing material negative impacts, elucidate how the initiative, along with your organization's involvement, seeks to address the material impact in question. Additionally, disclose any relevant targets set by the initiative and the progress made towards achieving them, as per the requirements outlined in ESRS S4-5.

Question

Accepted Answer

Ferrari has not set specific public targets but monitors internal targets monthly. The company engages with stakeholders through consistent communication and ensures compliance with regulations. These efforts aim to manage material negative impacts and advance positive impacts by maintaining transparency and quality in information dissemination.

Ferrari

ESRS disclosure: S4-4_14

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