Ferrero S.p.A., a renowned name in the food products industry, is headquartered in Alba, Italy. Founded in 1946, the company has grown to become a global leader in confectionery, particularly known for its innovative and high-quality products. Ferrero's portfolio includes iconic brands such as Nutella, Ferrero Rocher, and Kinder, each distinguished by their unique flavours and premium ingredients.
With a strong presence in Europe, North America, and Asia, Ferrero has achieved significant milestones, including the acquisition of several well-known brands that have expanded its market reach. The company is celebrated for its commitment to sustainability and quality, positioning itself as a trusted choice among consumers. Ferrero continues to thrive in the competitive food products sector, consistently delivering delightful experiences that resonate with chocolate and confectionery lovers worldwide.
+35 vs industry average
Ferrero’s score of 52 is higher than 71% 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 reduced its overall emissions by 22% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ferrero's reported carbon emissions
Ferrero, an Italian food products company, reported approximately 7.6 billion kg of CO2e for its 2024 fiscal year. This total comprises approximately 486.8 million kg of CO2e from Scope 1 emissions and approximately 51.4 million kg of CO2e from Scope 2 (market-based) emissions. Scope 3 emissions accounted for the vast majority, with approximately 7.07 billion kg of CO2e.
The company has set ambitious climate targets. Notably, Ferrero commits to reducing its absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2018 as a base year. Additionally, it aims to reduce its Scope 1, 2, and 3 GHG emissions by 43% per metric tonne of product produced over the same timeframe. These targets are aligned with a 1.5°C warming scenario. Earlier objectives included a target to reduce CO2eq emissions from production processes by 40% by 2020, compared to 2007 levels for both Scope 1 and Scope 2 emissions.
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Ferrero’s Climate Goals (2030 & 2050)
3 goals2030
1% reduction in all scopes
Réduction des émissions absolues de Scope 1 et 2 d'ici 2030, sur la base des chiffres de 2018
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
10 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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Ferrero
Frequently asked questions
Common questions about Ferrero’s sustainability data and climate commitments
Data year: 2024
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