Ferrero sustainability score: 44/100

Ferrero publishes Scope 1 and 2 emissions using GHG Protocol, showing 21.7% absolute reduction vs 2017/18 baseline. Multi-year tracking is disclosed. However, specific absolute tonne figures are not independently confirmed, and no third-party verification or CDP completion was identified.

Scope 3 is mapped with FLAG and non-FLAG disaggregation as of FY2023/24, but no publicly verified absolute Scope 3 total in tonnes CO2e was found. SBTi-validated 43% intensity target exists. Supply chain traceability is strong (97% cocoa/palm, 94% hazelnuts). Supplier emission reduction programmes are not clearly evidenced.

Scope 1&2 show credible absolute reduction: 10% in FY2022/23, 21.7% by FY2023/24. However, Scope 3 trajectory is not documented in absolute terms; the intensity-based target may mask rising absolute emissions as revenue grows 8–21% annually. Scope 3 remains a flagged challenge.

23 plants use 100% renewable electricity (90% of all manufacturing and warehousing power globally). Europe achieves 100% renewables. Ten-year PPA with Falck Renewables (Sicily) and on-site solar deployed. Remaining 10% is non-renewable; fossil fuels still power process heat and some generation.

Ranked 2nd in 2024 WWF Palm Oil Scorecard (22.9/24), 95.7% RSPO-certified, 97% deforestation-free. Cocoa 93%+ traceability, hazelnuts 94%. But 3% of palm oil remains under scrutiny; hazelnut monoculture expansion not clearly addressed. No TNFD disclosure. Nature footprint not quantified.

92.1% of packaging recyclable/reusable/compostable; 13% plastic-to-product ratio reduction achieved. But waste recovery dropped from 97.92% to 89.32% due to new methods and demolitions. 2025 target for 100% recyclable packaging unmet. Waste generation over 130,000 tonnes.

Water Footprint and Risk Assessments conducted in FY2023/24. India plant achieved 59.41% intensity reduction since 2019/20. However, multiple plants failed to report key metrics; no global absolute withdrawal figure disclosed. No water stewardship certification or independent verification identified.

SBTi-validated targets: 50% absolute Scope 1&2 reduction by 2030 (21.7% achieved); 43% intensity reduction all scopes by 2030. Scope 3 intensity target is not absolute, allowing emissions to rise with growth. No long-term net-zero SBTi target. Validation from December 2020 not renewed.

16th annual Sustainability Report published (FY2023/24); dedicated Chief Sustainability Officer in place. Candid disclosure of challenges including child labour and deforestation gaps. However, Ferrero does not complete CDP reports. No TCFD disclosure or executive compensation linking to sustainability.

No upheld regulatory action, but expert criticism of greenwashing framing around palm oil and Nutella. FY2023/24 report disclosed 3,020 children working on hazelnut farms in Turkey; child labour acknowledged as persistent. 3% palm oil deforestation risk despite 'deforestation-free' marketing.