Ferrero S.p.A., a renowned Italian confectionery company, is headquartered in Alba, Italy. Founded in 1946, Ferrero has grown to become a global leader in the chocolate and confectionery industry, with significant operations across Europe, North America, and Asia. The company is best known for its iconic products, including Nutella, Ferrero Rocher, and Kinder Chocolate, each distinguished by their unique recipes and high-quality ingredients. Over the decades, Ferrero has achieved numerous milestones, such as expanding its product range and entering new markets, solidifying its position as one of the top confectionery brands worldwide. With a commitment to innovation and sustainability, Ferrero continues to delight consumers with its exceptional offerings, making it a beloved choice for chocolate lovers everywhere.
How does Ferrero'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.
Ferrero's score of 40 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ferrero reported total greenhouse gas emissions of approximately 7,154,798,000 kg CO2e, with Scope 1 emissions at about 484,962,000 kg CO2e and Scope 2 emissions at approximately 62,543,000 kg CO2e (market-based). The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by 50% from a 2018 baseline by the year 2030. Additionally, Ferrero targets a 43% reduction in Scope 1, 2, and 3 emissions per metric tonne of product produced over the same timeframe. Ferrero's emissions data indicates a significant reliance on Scope 3 emissions, which accounted for approximately 6,954,798,000 kg CO2e in 2023, highlighting the importance of addressing upstream and downstream activities in their sustainability strategy. The company’s commitment aligns with industry standards for climate action, reflecting a proactive approach to mitigating climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 30,135,000 | 00,000,000 | 00,000,000 | 00,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 7,736,670,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 0,000.0 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Ferrero 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.