Ferrero Group’s progress towards its sustainabilty goals

Switch to renewable energy across its manufacturing plants

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Ferrero
Ferrero Group's progress towards its sustainabilty goals. Photo Ferrero Group

Ferrero Group is on track to meet its ambitious sustainability goals, including a switch to renewable energy across its manufacturing plants and progress towards targets on sourcing and packaging, the global sweet-packaged food group reports today.

Progress is documented in the Group’s 13th Sustainability Report, which highlights the steps taken toward environmental and social targets during 2021 aligned to four key areas of focus – protecting the environment, sourcing ingredients sustainably, promoting responsible consumption, and empowering people. The sustainability report follows the publication of the Group’s first Human Rights Report, addressing work on the most salient human rights issues across the value chain.

“The pandemic created a global social and economic disruption that varied from country to country. However, as a business, we were able to demonstrate resilience and the solid progress of our sustainability plans has not been affected, as you will read. In addition, our business continues to expand, both through new acquisitions and through organic growth” said Giovanni Ferrero, executive chairman of the Ferrero Group.

Highlights from the 2021 Sustainability Progress Report include –

• Ferrero is on track to meet its 2025 target of 100% of packaging being reusable, recyclable, or compostable, reaching a high of 83% over the last year.
• The Group sets out further ambitious packaging sustainability targets, including the reduction of virgin plastic by 10% and the increase of recycled content in plastic packaging to 12% by 2025.
• Renewable energy sourcing is transitioning rapidly with 84% of the electricity purchased for manufacturing plants now coming from renewable sources and 16 of the firm’s plants running on 100% renewable electricity.
• Ferrero has reached its sourcing target of 100% of cane sugar certified by Bonsucro.
• Ferrero also reports traceability back to the farm level across more than 95% of its cocoa supply volume.
• The Group delivered training to over 134,000 farmers in Côte d’Ivoire and Ghana, with the aim of promoting responsible agricultural practices in key cocoa-growing regions as part of Ferrero’s on-the-ground engagement with partner farmers.

“As you will see throughout this report, we have substantially advanced many aspects of our sustainability strategy towards the objectives we set ourselves. We increased our energy efficiency and confirmed a central capital-expenditure program aimed at reducing our carbon footprint and achieved many improvements in our packaging portfolio, in line with our sustainability roadmap to 2025. In raw-material supply chains we published or updated our cocoa charter, palm oil charter, and hazelnut charter, aiming for production that creates value for all in each respective industry” said Lapo Civiletti, chief executive officer of the Ferrero Group.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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