Public Profile

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.

38

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.

5

Industry Benchmark

Ferrero's score of 38 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Ferrero's reported carbon emissions

In 2023, Ferrero reported total greenhouse gas emissions of approximately 7,314,000,000 kg CO2e, with Scope 1 emissions at about 485,000,000 kg CO2e, Scope 2 emissions at approximately 63,000,000 kg CO2e, and Scope 3 emissions reaching around 6,954,798,000 kg CO2e. Ferrero has set ambitious climate commitments, aiming to reduce 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 within the food and beverage processing sector, with a focus on reducing emissions across all scopes.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
20092010201120122017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ferrero's primary industry is Food products nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ferrero is headquartered in IT, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers