Fazer Sustainability Profile
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 81% 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 693.2 million kg CO2e. This figure includes Scope 1 emissions of about 15.9 million kg CO2e, Scope 2 emissions of approximately 13.2 million kg CO2e, and significant Scope 3 emissions totalling around 664.1 million kg CO2e. Fazer has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline. Additionally, they are targeting a 42% reduction in Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and include a commitment that 53% of their suppliers, by spend, will have science-based targets by 2025. In previous years, Fazer's emissions have shown fluctuations, with 2023 emissions recorded at approximately 620.2 million kg CO2e, and 2022 emissions at about 686.2 million kg CO2e. The company is actively pursuing strategies to optimise its energy portfolio and reduce avoidable food loss by 50% by 2030, further demonstrating its commitment to sustainability and climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 653,594,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Fazer's Industry?
How Carbon Intensive is Fazer's Location?
Fazer's Scope 3 Categories Breakdown
Fazer's Scope 3 emissions, which increased by 7% last year and increased by approximately 2% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.
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Fazer's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fazer has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Fazer's sustainability data and climate commitments
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