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 49 is higher than 73% 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 693,223,000 kg CO2e, with Scope 1 emissions at about 15,899,000 kg CO2e, Scope 2 emissions at approximately 13,235,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 664,089,000 kg CO2e. This reflects a comprehensive approach to emissions reporting, covering all three scopes. Fazer has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% from a 2020 baseline by the year 2030. This target is part of a broader strategy that also includes a commitment to reduce Scope 3 emissions by the same percentage within the same timeframe. Additionally, Fazer plans for 53% of its suppliers, by spend, to have science-based targets by 2025. In 2023, the company reported total emissions of approximately 620,242,000 kg CO2e, indicating a proactive stance in tracking and managing its carbon footprint. The reduction initiatives include a pledge to cut avoidable food loss by 50% by 2030, further demonstrating its commitment to sustainability. Fazer's emissions data and reduction targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their goals are consistent with the global aim to limit warming to 1.5°C. The company is on track to meet its near-term targets, showcasing its dedication to climate action and responsible environmental stewardship.
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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 |
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.
