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 19 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ferrero S.p.A. reported carbon emissions of approximately 20,514,350 kg CO2e, a significant reduction from 39,131,120 kg CO2e in 2022 and 65,665,150 kg CO2e in 2021. This demonstrates a downward trend in their Scope 1 emissions, which are direct emissions from owned or controlled sources. The company has not disclosed Scope 2 or Scope 3 emissions data. Ferrero's emissions reduction initiatives are currently not specified, and there are no documented reduction targets or climate pledges available. The emissions data is cascaded from Ferrero International S.A., indicating that the figures reflect the performance of the broader corporate family. Overall, Ferrero S.p.A. is making strides in reducing its carbon footprint, with a clear commitment to sustainability, although specific targets and initiatives remain unspecified.
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 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.