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 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.
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Ferrero's reported carbon emissions
In 2023, Ferrero reported total greenhouse gas emissions of approximately 7,004,800,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 484,962,000 kg CO2e, while Scope 2 emissions totalled approximately 62,543,000 kg CO2e (market-based) and 344,259,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, which accounted for about 6,954,798,000 kg CO2e, primarily from purchased goods and services (approximately 5,622,277,000 kg CO2e) and upstream transportation and distribution (about 885,188,000 kg CO2e). Ferrero has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 emissions by 50% from a 2018 baseline by the year 2030. 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 support global efforts to limit warming to 1.5°C. Overall, Ferrero's climate strategy reflects a commitment to significant emissions reductions, with a focus on both absolute and intensity-based targets across its operations.
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| 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 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.
