Ferrero has announced the publication of its 12th sustainability report.
In the report, the brand highlights its efforts to promote its four “key pillars” to protect the environment.
This includes empowering people, sourcing product ingredients sustainably and promoting responsible consumption while managing the Covid-19 pandemic.
The targets stated in the report include halving scope one and two emissions by 2030 against a 2018 baseline.
Ferrero will also reduce scope one, two and three emissions intensity by 43 per cent per tonne of product produced at a global level, using 2018 as the base year.
The company has also joined the global push to reduce carbon emissions with the commitment to reduce its carbon footprint by 2030.
The food producer further highlighted several key points of progress in its sustainability goals, such, which includes reaching 100 per cent sustainable sourcing of cocoa beans and cane sugar through Bonsucro and Altromercato.
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The company also celebrated its success in reaching several clean energy goals, including purchasing 71.5 per cent of electricity utilised globally from green energy sources and making 82.9 per cent of all packing reusable, recyclable or compostable.
In addition, the confectionary manufacturer said that it has been working to eliminate human rights violations across its supply chain through partnering with organisations such as Save the Children.
“Beyond manufacturing, protecting workers and farmers in agricultural supply chains was a key priority, especially in less developed markets,” Ferrero Group chief executive Lapo Civiletti said.
“Our partnerships and collaborations have proved invaluable to reaching those in need of support.
“As we close out our 2020 goals, we are proud to have met our target to source 100 per cent sustainable cocoa through independently managed standards.
“We have now extended the target to include outsourced chocolate to provide full transparency of our cocoa supply chain.
“We continued to source 100 per cent RSPO certified segregated palm oil and we are developing a transition roadmap for the newly acquired Companies toward our responsible sourcing standards.”