Ferrero S.p.A., a renowned Italian confectionery company, is headquartered in Alba, Italy. Founded in 1946, Ferrero has established itself as a leader in the global 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, including the expansion of its product range and a commitment to sustainability. With a strong market position, Ferrero consistently ranks among the top confectionery brands worldwide, celebrated for its innovation and dedication to excellence. The company’s focus on creating memorable taste experiences continues to resonate with consumers, solidifying its status as a beloved name in the industry.
How does Ferrero S.p.A.'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.
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.
Ferrero S.p.A.'s score of 27 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ferrero S.p.A. reported total emissions of approximately 193,770 kg CO2e, with Scope 1 emissions accounting for about 49,840 kg CO2e. This marks an increase from 2023, when total emissions were approximately 170,160 kg CO2e, with Scope 1 emissions at about 59,680 kg CO2e. Ferrero's emissions data is cascaded from its parent company, Ferrero International S.A., which oversees various sustainability initiatives. However, there are currently no specific reduction targets or climate pledges disclosed by Ferrero S.p.A. or its parent company. The absence of Scope 2 and Scope 3 emissions data indicates a need for further transparency in their overall carbon footprint. Ferrero's commitment to sustainability is evident, but the lack of detailed reduction initiatives or targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - | - | - | - | - |
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 S.p.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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