Ferrero
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.
DitchCarbon Score
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.
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
Ferrero's score of 38 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ferrero's reported carbon emissions
In 2023, Ferrero reported total greenhouse gas emissions of approximately 7,031,000,000 kg CO2e, comprising 484,962,000 kg CO2e from Scope 1 and 344,259,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, amounting to about 6,954,798,000 kg CO2e, which includes emissions from purchased goods and services, employee commuting, and upstream transportation. Ferrero has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. Additionally, the company targets a 43% reduction in Scope 1, 2, and 3 emissions per metric tonne of product produced over the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Ferrero's commitment to sustainability reflects its proactive approach to addressing climate change, with a focus on reducing emissions across all scopes while considering biogenic emissions and removals from bioenergy feedstocks.
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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 |
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.
Ferrero is committed to some reduction initiatives 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.
