Fazer
Fazer, officially known as Fazer Group, is a prominent Finnish company headquartered in Vantaa, Finland (FI). Established in 1891, Fazer has evolved into a leading player in the food industry, with significant operations across the Nordic countries and beyond. The company is renowned for its diverse range of products, including bakery goods, confectionery, and dairy items, all crafted with a commitment to quality and innovation. Fazer's core offerings, such as its iconic Fazer chocolate and freshly baked bread, are distinguished by their unique recipes and sustainable sourcing practices. Over the years, Fazer has achieved notable milestones, including expanding its product lines and enhancing its market presence. Today, Fazer stands as a trusted brand, celebrated for its dedication to taste, sustainability, and customer satisfaction in the competitive food sector.
DitchCarbon Score
How does Fazer'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.
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.
Industry Benchmark
Fazer's score of 64 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fazer's reported carbon emissions
In 2024, Fazer reported total carbon emissions of approximately 664,089,000 kg CO2e across all scopes. This includes 15,899,000 kg CO2e from Scope 1, 13,235,000 kg CO2e from Scope 2, and a significant 664,089,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. Additionally, Fazer is committed to reducing its Scope 3 emissions by the same percentage within the same timeframe. Fazer's emissions intensity for 2024 was reported at 1,560 kg CO2e per million USD in revenue. The company has made strides in its sustainability initiatives, including a pledge to cut avoidable food loss by 50% by 2030. Furthermore, it aims for 53% of its suppliers, by spend, to have science-based targets by 2025, reinforcing its commitment to sustainable practices throughout its supply chain. Overall, Fazer's climate commitments reflect a proactive approach to addressing climate change, with a clear strategy to significantly lower its greenhouse gas emissions in the coming years.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 45,115,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 30,022,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,203,604,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Fazer is participating in some of the initiatives that 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.
