Ferrero

Ferrero's reported carbon emissions

In 2024, Ferrero reported total carbon emissions of approximately 7.6 billion kg CO2e, comprising 486,762,000 kg CO2e from Scope 1, 51,356,000 kg CO2e from Scope 2, and 7,065,602,000 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2023, where total emissions were approximately 7.9 billion kg CO2e, with Scope 1 emissions at 500,016,000 kg CO2e, Scope 2 at 53,878,000 kg CO2e, and Scope 3 at 7,321,962,000 kg CO2e. Ferrero has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 from a 2018 baseline. Additionally, the company targets a 43% reduction in Scope 1, 2, and 3 emissions intensity per metric tonne of product produced over the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Ferrero's ongoing initiatives include investments in energy-efficient technologies and increasing the use of renewable energy, which are critical to achieving these reduction goals. The company is committed to transparency and regularly reports on its progress towards these targets.