Sustainability Reporting
Welcome to our annual Sustainability Report where we outline our progress on our ambition to protect the environment, source ingredients sustainably, promote responsible consumption and empower people.
Our Progress
at a Glance
At Ferrero, we take our responsibility to establish sustainability practices seriously, by focusing on improving our operations and engaging partners across our value chain.
Our Sustainability Framework
Our progress is rooted in our sustainability framework, focusing on four core sustainability pillars: protecting the environment, sourcing ingredients sustainably, promoting responsible consumption and empowering people. We make progress on these pillars by investing in innovation and technology, enhancing transparency and compliance, as well as fostering a culture of collaboration.
HIGHLIGHTS ACROSS OUR 4 SUSTAINABILITY PILLARS
Our key focus areas include:
– Climate and energy: reduce our carbon footprint by decreasing our greenhouse gas emissions (GHG) across our operations and the entire value chain.
– Water management: use water responsibly in production
– Industrial and food residuals: promote the transition to a circular economy, with a focus on residuals and packaging, to avoid these as a source of pollution.
– Packaging design and the circular economy: support the transition to a circular economy, where packaging never becomes waste.
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Ferrero has established practices to maintain sustainable and ethical supply chains and manage related challenges.
- Cocoa: Our aim is to make cocoa farming profitable and sustainable, with initiatives aimed at climate resilience, women empowerment, education and community development.
- Hazelnut: Ferrero is working to increase supply-chain traceability and transparency and support the implementation of sustainable hazelnut practices.
- Palm oil: We remain committed to sourcing RSPO-certified segregated palm oil – traceable back to plantations.
- Dairy: Our Dairy Charter has a strong focus on increasing transparency and traceability throughout our dairy ingredients supply chain.
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As one of the world’s largest sweet-packaged food companies, we consider quality, safety, nutrition and communication to be key areas for our sustainability approach. Food plays a central role in all our lives, and consumers enjoy our products in more than 170 countries. It is our responsibility to ensure these products meet high standards for safety and quality. We must also ensure our marketing communications and product labelling help consumers make appropriate choices about the foods they buy and eat.
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At Ferrero, we work to build a culture of trust, respect, diversity and opportunity for all. We care about our people, and we believe it is essential to create an inclusive company culture that uses the full range of its talents to respond to our business priorities.
Our focus on people extends across the whole value chain, ensuring we uphold high standards of safety, and of human and labour rights, both in our operations and global supply chain. We apply a due diligence-based approach that ensures our employees, suppliers and collaborators adhere to the standards set out in the Ferrero Code of Ethics, Code of Business Conduct, Supplier Code and Human Rights Policy Statement.
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FERRERO SUSTAINABILITY REPORTS
Our annual sustainability report builds on our four-pillar reporting approach: protect the environment, source ingredients sustainibility, promote responsible consumption and empower people. With this report, we aim to streamline and increase the transparency of the Ferrero Group’s sustainability efforts and vision, describing what we have achieved, and our future plans to go beyond this as we grow our global business.
Press Release
Find the official press release for the launch of our recent Sustainability Report covering the financial year 2022/23.
As a global brand, we are aware of the influence and impact we have in our industry, and we want to lead the way in pushing boundaries, always improving how we operate. Our annual reports are a way to look back, take stock, and then look forward, so we can keep moving the needle and push for even more progress each year.
