Public Profile

Ferrero

Ferrero S.p.A., a renowned Italian confectionery company, is headquartered in Alba, Italy. Founded in 1946, Ferrero has grown to become a global leader in the chocolate and confectionery industry, with significant operations across Europe, North America, and Asia. The company is best known for its iconic products, including Nutella, Ferrero Rocher, and Kinder Chocolate, each distinguished by their unique recipes and high-quality ingredients. Over the decades, Ferrero has achieved numerous milestones, such as expanding its product range and entering new markets, solidifying its position as one of the top confectionery brands worldwide. With a commitment to innovation and sustainability, Ferrero continues to delight consumers with its exceptional offerings, making it a beloved choice for chocolate lovers everywhere.

DitchCarbon Score

How does Ferrero's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

26

Industry Average

Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Ferrero's score of 26 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Ferrero's reported carbon emissions

In 2023, Ferrero reported total carbon emissions of approximately 7,054,798,000 kg CO2e. This figure includes 484,962,000 kg CO2e from Scope 1 emissions, 62,543,000 kg CO2e from Scope 2 emissions, and 6,954,798,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are particularly significant, comprising the majority of their total emissions, with notable contributions from purchased goods and services (5,622,777,000 kg CO2e) and upstream transportation and distribution (885,188,000 kg CO2e). Ferrero has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively engaged in addressing its carbon footprint and has reported emissions data across multiple years, indicating a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests that while Ferrero acknowledges its emissions, it may still be in the process of developing a comprehensive strategy to mitigate its climate impact.

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20092010201120122017201820192020202120222023
Scope 1
30,135,000
00,000,000
00,000,000
00,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
7,736,670,000
0,000,000,000
0,000,000,000
000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
0,000.0
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ferrero's primary industry is Food products nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ferrero is headquartered in IT, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ferrero is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers