Fazer, officially known as Fazer Group, is a prominent player in the food products nec industry, headquartered in Finland (FI). Established in 1891, the company has evolved significantly, marking key milestones in its commitment to quality and innovation. With a strong presence in the Nordic and Baltic regions, Fazer is renowned for its diverse range of products, including bakery goods, confectionery, and plant-based foods.
Fazer's core offerings stand out due to their emphasis on sustainability and premium ingredients, catering to a growing demand for healthier options. The company has garnered a solid market position, recognised for its dedication to craftsmanship and consumer satisfaction. As Fazer continues to expand its portfolio, it remains a trusted name in the food industry, committed to delivering exceptional taste and quality.
+38 vs industry average
Fazer’s score of 55 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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Industry Intensity
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fazer's reported carbon emissions
Fazer, headquartered in Finland and operating in the food products sector, reported its total carbon emissions for 2025 as approximately 86.2 million kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions. For 2024, Fazer's total emissions were approximately 793 million kg CO2e, comprising Scope 1 emissions of about 15.9 million kg CO2e, Scope 2 emissions of approximately 13.2 million kg CO2e (market-based), and Scope 3 emissions totalling around 664 million kg CO2e. In 2023, the company's total emissions amounted to approximately 653 million kg CO2e, with Scope 1 at roughly 17.6 million kg CO2e, Scope 2 at about 15.1 million kg CO2e (market-based), and Scope 3 at approximately 620 million kg CO2e. Fazer has set ambitious climate commitments, including a target to reduce its Scope 1 and 2 emissions by 42% from a 2020 baseline by 2030. Furthermore, the company aims to reduce its absolute Scope 3 GHG emissions by 42% within the same timeframe. Fazer has also pledged to reduce avoidable food loss by 50% by 2030, based on the 2020 baseline. These targets are aligned with keeping global warming to 1.5°C, as verified by the Science Based Targets initiative (SBTi). As of 2024, Fazer is considered on track to meet its near-term Scope 1 and 2 reduction goals.
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Fazer’s Climate Goals (2030 & 2050)
2 goals2030
eQ has set a tough but realistic carbon neutrality target fo…
eQ has set a tough but realistic carbon neutrality target for in-use energy consumption by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Fazer’s sustainability data and climate commitments
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