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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 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Food Product Manufacturing is among the most carbon-intensive industries
The Food Product Manufacturing industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
Ferrero's most recent reported emissions for 2024 show a total of approximately 7.6 billion kg CO2e. This includes Scope 1 emissions of about 486.8 million kg CO2e, Scope 2 emissions (market-based) of approximately 51.4 million kg CO2e, and Scope 3 emissions totalling around 7.1 billion kg CO2e. Purchased goods and services represent the largest portion of their Scope 3 emissions, accounting for approximately 5.7 billion kg CO2e.
For 2023, Ferrero reported total emissions of approximately 7.9 billion kg CO2e. This comprised Scope 1 emissions of about 500 million kg CO2e, Scope 2 emissions (market-based) of approximately 53.9 million kg CO2e, and Scope 3 emissions totalling around 7.3 billion kg CO2e.
Ferrero has set ambitious climate targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2018 as a base year. Additionally, they aim to reduce Scope 1, 2, and 3 GHG emissions by 43% per metric tonne of product produced over the same timeframe. These targets are aligned with keeping global warming to 1.5°C. Previously, Ferrero had an objective to reduce CO2eq emissions from production processes by 40% by 2020, compared to 2007 levels.
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2030
50% reduction in Scope 1
Ferrero commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. Ferrero also commits to reduce scope 1, 2…
2030
50% reduction in Scope 2
Ferrero commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. Ferrero also commits to reduce scope 1, 2…
2030
43% reduction in all scopes
Ferrero commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. Ferrero also commits to reduce scope 1, 2…
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Common questions about Ferrero’s sustainability data and climate commitments
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