The Ferrero Group has introduced the newest development in its sustainability adventure, with the discharge of its 16th Sustainability Report.
Guided through Ferrero Group’s long-standing dedication to having a good affect right through its price chain, the record stocks the numerous and persisted development the trade has made throughout its key sustainability priorities.
“Sustainability is deeply embedded in Ferrero’s long-term strategy. It’s a fundamental driver of business resilience and shapes the decisions we make, as we grow responsibly. In the face of global challenges, particularly climate change, our commitment remains clear: to source responsibly, innovate boldly, and safeguard the natural world for future generations. This progress is made possible by embracing collective action, leveraging innovation, research and development, and continuously learning from experience to deliver measurable, meaningful impact,” stated Giovanni Ferrero, govt chairman of the Ferrero Group.
“We made steady progress on our sustainability agenda during fiscal year 2023/2024. I am particularly proud of the ongoing steps we are taking to achieve our long-term commitments. We have successfully advanced our sustainability journey while maintaining strong financial stewardship across the company. We are making great efforts on the traceability of our key ingredients and improving supply chain visibility, while advancing our commitments to promoting human rights and continuing our work on decarbonisation across the business,” stated Lapo Civiletti, leader govt of the Ferrero Group.
The Sustainability Report highlights persisted development in traceability throughout international provide chains, with greater than 90% of key components now mapped to foundation. Strategic partnerships with Sourcemap and Starling are strengthening precision monitoring of key commodities – attaining 97% traceability for each cocoa and palm oil, and 94% for hazelnuts.
The team has additionally made sturdy development towards its 2030 purpose of halving greenhouse gasoline emissions, with important discounts already completed in comparison to its 2017/18 baseline.
- Scope 1 and a couple of emissions have been decreased through 21.7%.
- For Scope 3, FLAG (Forest, Land, and Agriculture) and non-FLAG emissions have been disaggregated to toughen carbon accounting and fortify information reliability and accuracy.
- 90% of electrical energy for production and warehousing is now sourced from renewables.
With 92.1% of its packaging now designed to be recyclable, the corporate has maintained its dedication to making sure greater than 90% of packaging fabrics are reusable, recyclable, or compostable.
- Notable development has been made in lowering virgin plastic, together with a 13% lower within the plastic-to-product ratio. This contains the conversion of Ferrero Rocher bins from polystyrene to polypropylene in North America and China, leading to an estimated saving of roughly 11,000 tonnes of plastic.
- Other highlights come with the release of Nutella Plant-Based in jars created from 60% recycled glass and the rollout of Kinder Joy’s paper spoon.
Other highlights from the record come with:
- Food Safety and Quality: 100% of Ferrero crops qualified in opposition to the Global Food Safety Initiative (GFSI) Standard.
- Responsible Consumption: Maintained center of attention on moderately outlined serving sizes. 85% of advertised volumes had a serving measurement of 130 kcal or much less, 63% have been 100 kcal or much less, and 91% have been underneath 150 kcal in keeping with serving.
- Empowering People:
– Continued affect with communities in sourcing international locations thru long-standing partnerships with world and native organizations, such because the International Labour Organization (ILO) and Save the Children.
– Kinder Joy of shifting reached over 3.7 million kids in 35 international locations, with investments exceeding EUR13 million. In 2024, Ferrero has partnered with the Organization of American States (OAS) to advertise inclusion, fairness, and get admission to to rights thru sports activities and bodily task, in particular for youngsters, young people, and girls within the Americas.
