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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.
+14 vs industry average
Ferrero S.p.A.’s score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sugar Products is among the most carbon-intensive industries
The Sugar Products industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Ferrero S.p.A., an Italian confectionery company, reported total Scope 1 and 2 emissions of approximately 19,377,000 kg CO2e in 2024. This figure includes about 4,984,000 kg CO2e from Scope 1 emissions, with 537,000 kg CO2e attributed to stationary combustion, and approximately 14,392,000 kg CO2e from Scope 2 emissions, primarily due to purchased electricity.
Looking back, the company's Scope 1 and 2 emissions have shown fluctuations. In 2023, Ferrero S.p.A. reported total Scope 1 and 2 emissions of approximately 17,016,000 kg CO2e. This comprised about 5,968,000 kg CO2e from Scope 1 and approximately 11,047,000 kg CO2e from Scope 2. In 2022, the combined Scope 1 and 2 emissions were approximately 14,419,000 kg CO2e.
While Ferrero S.p.A. has disclosed Scope 1 and 2 emissions data, Scope 3 emissions data for recent years is currently unavailable. The company has not yet set formal reduction targets, nor does it have approved Science Based Targets initiative (SBTi) targets or a commitment to the Climate Pledge. However, it is noted that SBTi targets are cascaded from its ultimate parent, Ferrero International S.A., through a corporate family relationship.
No climate goals have been disclosed for Ferrero S.p.A. yet.
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