Ferrero Achieves WWF Recognition For Palm Oil Sustainability
Ferrero has placed first in the WWF’s Palm Oil Buyers Scorecard, which evaluates global companies in terms of their support for sustainable palm oil.
With a score of 21.5 out of 22, Ferrero placed ahead of 172 other companies, including major global retailers, consumer goods manufacturers and foodservice companies.
The Nutella manufacturer was recognised for its efforts to address the issue of deforestation in tropical areas and for the transparency of its supply chain.
In 2019, the 204,000 tonnes of palm oil exploited by Ferrero came from areas that had not suffered deforestation, according to the study.
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