Ferrero on track with sustainability initiatives

Ferrero said it sourced approximately 230,000 tonnes of palm oil, which is close to 0.3% of the world’s total palm oil production (77 million tonnes), during the 2021-22 year. 100% of palm oil is RSPO certified segregated, with 99.95% traceable to 146 palm oil mills and 722 plantations. The segregation model ensures sustainable palm oil is kept separate from the plantations and farms, and all the way along the supply chain, with the Group being one of the first global companies to source 100% RSPO certified segregated palm oil (since 2015).

In 2022 and 2023, the company plans to extend its successful digital mapping initiative to wood and coffee supply chains, which started in 2020 for cocoa, palm oil and hazelnuts (among other key areas), as it begins instituting new European Union regulation on deforestation-free products. As far as cocoa traceability in the 2021-22 season goes, Ferrero reached complete traceability back to farmer groups, 96% back to farms with GPS locations. The company has full traceability of palm oil to plantations and the company’s hazelnut traceability to farm gate was also 79% during the 2021-22 financial year.

Ferrero also made progress with its sustainability initiatives: in 2021-22 financial year, the company’s cross-commodity framework, Ferrero Farming Values (FFV), helped deliver one-to-one coaching to 32% of cocoa farmers on farm and business planning while 155,000 cocoa farmers participated in group training. Ferrero also completed its four-year Cocoa and Forest Initiative, fulfilling or surpassing most of the set goals.

The company published its first Human Rights Report at the end of 2021. The report is framed around 10 of the most salient human rights issues across all value chains – regardless of product or geography – and shows how Ferrero is working to address these issues.

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