Ferrero S.p.A., a renowned leader in the candy and sugar products industry, is headquartered in Italy. Founded in 1946, the company has established itself as a global powerhouse, with significant operations across Europe, North America, and Asia. Ferrero is best known for its iconic products, including Nutella, Ferrero Rocher, and Kinder Chocolate, each distinguished by their unique flavours and high-quality ingredients.
Over the decades, Ferrero has achieved numerous milestones, solidifying its market position as one of the top confectionery manufacturers worldwide. The company's commitment to innovation and sustainability has further enhanced its reputation, making it a preferred choice among consumers. With a diverse portfolio that caters to various tastes, Ferrero continues to delight chocolate and candy lovers around the globe.
+11 vs industry average
Ferrero S.p.A.’s score of 31 is higher than 54% 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
Sugar Products is among the most carbon-intensive industries
Industry performance
The Sugar Products industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ferrero S.p.A.'s reported carbon emissions
Ferrero S.p.A., an Italian candy and sugar products company, reported a total of approximately 19.38 million kg CO2e in greenhouse gas emissions for the 2024 reporting year. This figure encompasses Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions were approximately 4.98 million kg CO2e, and Scope 2 emissions, primarily from purchased electricity, were around 14.39 million kg CO2e.
In the previous year, 2023, Ferrero S.p.A.'s total emissions were approximately 17.02 million kg CO2e, with Scope 1 at about 5.97 million kg CO2e and Scope 2 at approximately 11.05 million kg CO2e. The company's reported emissions for 2022 totalled approximately 14.42 million kg CO2e, comprising about 6.18 million kg CO2e in Scope 1 and roughly 8.24 million kg CO2e in Scope 2.
For earlier reporting years, the available data is limited to Scope 1 emissions. In 2021, Scope 1 emissions were approximately 65.67 million kg CO2e. In 2020, Scope 1 emissions stood at approximately 75.04 million kg CO2e, and in 2019, Scope 1 emissions were around 75.03 million kg CO2e.
Ferrero S.p.A. is currently a subsidiary of Ferrero International S.A., from which it inherits its climate data. The company's climate commitments and reduction targets are cascaded from its parent organisation, Ferrero International S.A. There is no specific information available regarding SBTi (Science Based Targets initiative) reduction targets or achievements for Ferrero S.p.A. directly within the provided data. However, the company does disclose Scope 1 and Scope 2 emissions, along with some intensity metrics like emissions per employee and general emissions intensity. The company is noted as missing Scope 3 data for purchased goods and services in its latest reporting.
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Ferrero S.p.A.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ferrero S.p.A. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from Ferrero International S.A.
Carbon Disclosure Project
Inherited from Ferrero International S.A.
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Ferrero International S.A.
RE 100
Climate Action 100
Emissions comparison with industry peers
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Ferrero S.p.A.
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