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.
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.
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.
Fazer's score of 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fazer Group reported total carbon emissions of approximately 653,853,000 kg CO2e. This figure includes 17,631,000 kg CO2e from Scope 1 emissions, 15,981,000 kg CO2e from Scope 2 emissions, and 620,242,000 kg CO2e from Scope 3 emissions. Over the years, Fazer has made significant strides in reducing its carbon footprint, achieving a notable decrease from 1,278,741,000 kg CO2e in 2019. Fazer has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2020 as the base year. This target also extends to Scope 3 emissions, which encompass the majority of their carbon footprint. Additionally, the company is committed to ensuring that 53% of its suppliers, by spend, will have science-based targets by 2025. These initiatives align with industry standards for climate action, demonstrating Fazer's commitment to sustainability and its proactive approach to mitigating climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 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 | 00,000,000 |
Scope 2 | 30,022,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 1,203,604,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.