Ferrero Group has announced that it is making ‘strong progress’ toward its 2030 target of halving greenhouse gas emissions, reporting a 21.7% reduction in Scope 1 and 2 emissions last year compared to a 2017/18 baseline.
In its annual sustainability report, the Kinder and Nutella maker added that Scope 3 emissions were broken into FLAG (Forest, Land, and Agriculture) and non-FLAG components for better accuracy, while 90% of the electricity used in manufacturing and warehousing now comes from renewable sources.
Other achievements in its sustainability report include improved traceability across its global supply chains, with more than 90% of key ingredients now mapped to origin.
Through strategic partnerships with Sourcemap and Starling, the company is also strengthening precision tracking of key commodities, with 97% traceability achieved for both cocoa and palm oil, and 94% for hazelnuts.
‘Deeply embedded’
“Sustainability is deeply embedded in Ferrero‘s long-term strategy,” commented Giovanni Ferrero, executive chairman of the Ferrero Group. “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.”
On packaging, the Italian firm said that 92.1% of its packaging is now designed to be recyclable, while it has achieved a ‘notable’ reduction in its use of virgin plastic, as well as packaging Nutella Plant-Based in jars made from 60% recycled glass.
Elsewhere, in terms of food safety and responsible consumption, 100% of Ferrero plants are now certified under the Global Food Safety Initiative (GFSI) standard.
‘Steady progress’
“We made steady progress on our sustainability agenda during fiscal year 2023/2024,” commented Lapo Civiletti, Ferrero Group chief executive. “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.” Read more here.
