Ferrero, Inc. Sustainability Profile
Ferrero, Inc., a prominent player in the confectionery industry, is headquartered in the United States and operates extensively across North America. Founded in 1946, Ferrero has established itself as a leader in producing high-quality chocolate and confectionery products, renowned for their unique flavours and innovative packaging. The company is best known for its iconic brands, including Ferrero Rocher, Nutella, and Kinder, each offering a distinctive taste experience that sets them apart in a competitive market. With a commitment to quality and sustainability, Ferrero has achieved significant milestones, including expanding its product range and enhancing its global presence. As a key competitor in the confectionery sector, Ferrero, Inc. continues to thrive, driven by its dedication to excellence and consumer satisfaction.
DitchCarbon Score
How does Ferrero, Inc.'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 Sugar Products 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, Inc.'s score of 64 is higher than 83% 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, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Ferrero International S.A., which may influence its climate commitments and emissions reporting. Ferrero International S.A. has set various climate initiatives, although specific reduction targets or achievements for Ferrero, Inc. have not been disclosed. The company is part of a broader corporate family that is engaged in sustainability efforts, including commitments to the Science Based Targets initiative (SBTi), although details on specific targets cascaded from Ferrero International S.A. are not provided. As a current subsidiary, Ferrero, Inc. may align its climate strategies with those of its parent company, which is focused on reducing its overall carbon footprint and enhancing sustainability practices across its operations. However, without specific emissions data or defined reduction targets, it is challenging to assess the company's current impact or progress in climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 75,032,720 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Ferrero, Inc.'s Industry?
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Ferrero, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ferrero, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
