Fazer, officially known as Fazer Group, is a prominent Finnish company headquartered in Vantaa, Finland (FI). Established in 1891, Fazer has evolved into a leading player in the food industry, with significant operations across the Nordic countries and beyond. The company is renowned for its diverse range of products, including bakery goods, confectionery, and dairy items, all crafted with a commitment to quality and innovation. Fazer's core offerings, such as its iconic Fazer chocolate and freshly baked bread, are distinguished by their unique recipes and sustainable sourcing practices. Over the years, Fazer has achieved notable milestones, including expanding its product lines and enhancing its market presence. Today, Fazer stands as a trusted brand, celebrated for its dedication to taste, sustainability, and customer satisfaction in the competitive food sector.
How does Fazer'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 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.
Fazer's score of 34 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fazer reported total carbon emissions of approximately 653,853,000 kg CO2e. This figure includes 17,631,000 kg CO2e from Scope 1 emissions, 15,981,000 kg CO2e from Scope 2 emissions, and a significant 620,242,000 kg CO2e from Scope 3 emissions. Fazer's emissions have shown a downward trend over recent years, with total emissions decreasing from about 725,076,000 kg CO2e in 2022 to the current figure. The company has made strides in reducing its Scope 1 and Scope 2 emissions, which were 18,846,000 kg CO2e and 20,015,000 kg CO2e respectively in 2022. Despite these reductions, there are currently no specific reduction targets or initiatives documented in relation to the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its sustainability practices, although detailed commitments or future targets have not been specified. Overall, Fazer's commitment to reducing its carbon footprint is evident through its ongoing efforts to lower emissions across all scopes, particularly in the context of its substantial Scope 3 emissions, which represent the majority of its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 45,115,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 30,022,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 1,203,604,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fazer is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.