Tag: Ferrero

Ferrero is pleased to publish the 2022-2023 Cocoa Charter Progress Report, which outlines its efforts to create value in the cocoa sector, cocoa being one of the key ingredients in Ferrero’s products. The company aims to be a driving force in this sector where the livelihoods of smallholders and farming communities are improved, children’s rights are respected, and the environment is actively protected through sustainable agricultural practices.  In 2022-2023, Ferrero sourced 100% of its cocoa through certification and independently managed sustainability standards. Ferrero also achieved 93% traceability of sourced cocoa…

Ferrero has released its fourth annual report on the Cocoa and Forest Initiative (CFI), showcasing achievements made across the past four years and outlining its plans for sustainable cocoa production and forest conservation. With the goal of combatting deforestation, promoting reforestation, and ensuring the long-term viability of cocoa farming communities, Ferrero has assessed 420,000 hectares of land for deforestation risk and distributed more than three million multi-purpose trees for on-farm planting and 775,000 native trees across the Ivory Coast for reforestation over the period of four years. These efforts will…

Ferrero has released its annual Cocoa Charter Progress Report, which shows significant progress in the Group’s efforts to source cocoa responsibly. The Cocoa Charter is built around four key pillars: sustainable livelihoods, human rights and social practices, environmental protection, and supplier transparency. A key achievement for Ferrero in the farming year 2021/22 was providing around 64,000 farmers with one-to-one coaching on farm and business planning, with 40,000 farmers supported with individual long-term Farm Development Plans. The report also revealed a continued high level of traceability from farm to purchase point.…