Tag: Ferrero

Ferrero publishes its Cocoa Charter and Cocoa Action Plan

Stuart Mitchell

Ferrero has published its Cocoa Charter and Cocoa Action Plan, which set out its continued ambition for a cocoa industry that is good for people and nature. The Charter and Action Plan reaffirm Ferrero’s long-standing support for income generation for farmers, protecting children and developing communities, and promoting sustainable agroforestry. Ferrero began its efforts towards responsibly sourced cocoa in 2005, by joining the World Cocoa Foundation and subsequently the International Cocoa Initiative. Today, Ferrero’s cocoa is 100% sustainably sourced via independently managed standards such as Rainforest Alliance, Fairtrade and others.…

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Ferrero Publishes Its 12th Sustainability Report

Stuart Mitchell

The Ferrero Group has published its 12th Sustainability Report updating on its progress towards its sustainability goals. Despite the challenges presented by the global pandemic, Ferrero adapted successfully, putting the health and safety of its employees and consumers at the forefront of its efforts. A critical focus has been to protect workers and farmers in its agricultural supply chains, especially in less developed markets. Amongst many other initiatives, Ferrero has extensively distributed information on preventative measures to stop the virus from spreading and provided access to protective and hygiene equipment.…

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Ferrero Unveils Its New Palm Oil Charter

Stuart Mitchell

Ahead of World Environment Day on June 5th, Ferrero Group proudly unveiled its new Palm Oil Charter, in which the company outlines its ongoing ambition to achieve a palm oil industry that is good for both people and nature. Originally announced in 2013, the first Palm Oil Charter served as a driver for the Group’s development of its responsible palm oil supply chain; a public commitment that took into consideration the company’s core values and its broader sustainability strategy. Today, Ferrero further strengthens its commitments and progress through an updated…

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Science Based Targets initiative validates Ferrero’s climate goals

Stuart Mitchell

Ahead of the five-year anniversary of the adoption of the Paris Agreement on December 12, Ferrero announced that the independent Science Based Targets initiative (SBTi) has validated Ferrero’s climate goals, which the company released earlier this year: By 2030, Ferrero aims to halve all emissions from its owned operations (Scope 1 and 2) and commits to reducing emissions by 43% for each tonne of product produced across all scopes. Both targets use 2018 as a base year. The SBTi has also approved that Ferrero’s target on reducing emissions from its owned…

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Ferrero Partners With Sourcemap for the Tracing of Its Hazelnut Value Chain

Stuart Mitchell

Sourcemap, a leading provider of supply chain mapping, traceability and transparency solutions for companies across multiple industries, is pleased to announce a new partnership with Ferrero. Ferrero is committed to achieving full traceability of its sourced hazelnuts. Sourcemap’s state-of-the-art technology provides a comprehensive platform to visualize supply chains and enhance traceability, further strengthening Ferrero’s efforts in this regard in working with its suppliers to achieve greater transparency. Through Sourcemap’s platform Ferrero will have the possibility to collect key data on social and agricultural practices, validate the value chain through data…

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