Reporting Standards

Reporting Process​

The preparation of the 2020 Consolidated Disclosure of Non-Financial Information is a real annual reporting process, subject to inspection, analysis and approval by several parties. In fact, the document is: 

• prepared by the Chief CSR Officer and the relevant work team, which coordinate and involve all the main company functions in the phase of collecting, analysing and consolidating data, with the task of checking and validating — each with regards to their respective area of competence — each information included in the NFI, using the new software implemented by the Group; 

• approved by the Board of Directors, which meets to approve the draft financial statements, after having been assessed by the CSR Meeting (former CSR Steering Committee) which, through the Chief CSR Officer, presents it to the Audit, Risk & Sustainability Committee and, insofar as it is competent, to the Supervisory Committee for its examination and assessment. Brembo’s Directors are responsible for ensuring that the NFI is written and published in accordance with current legislation. Once it has been approved by the governing body and within the terms provided for the presentation of the draft Financial Statements, the draft Consolidated Disclosure of Non-Financial Information made available to the auditors (Board of Statutory Auditors and Independent Auditors); 

• subject to limited audit by EY S.p.A.​ pursuant to the International Standard on Assurance Engagement (ISAE 3000 Revised); therefore the responsibility for the data and information lies solely with the Brembo Group managers; 

• made available to Shareholders and the public within the same terms and using the same methods provided for the presentation of the draft Financial Statements; 

• published on and downloadable from the corporate website.