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 Group reported total carbon emissions of approximately 664,089,000 kg CO2e, with emissions distributed across all three scopes: 15,899,000 kg CO2e (Scope 1), 13,235,000 kg CO2e (Scope 2), and 664,089,000 kg CO2e (Scope 3). This represents a significant portion of their overall emissions, with Scope 3 emissions being the largest contributor. 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 their broader strategy to optimise energy use and stabilise heating costs. Additionally, they have pledged to reduce avoidable food loss by 50% by 2030, which falls under their Scope 3 emissions reduction initiatives. In 2023, Fazer's emissions were reported at approximately 620,242,000 kg CO2e, indicating a trend towards addressing their carbon footprint. The company is on track to meet its near-term targets, which are aligned with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. Fazer's commitment extends to ensuring that 53% of its suppliers, by spend, covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2025. This comprehensive approach highlights Fazer's dedication to sustainability and climate action within the food and beverage processing sector.
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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.
