08 Mar 2016
1 min read

FERRERO EVALUATED BY GREENPEACE’S PALM OIL SCORECARD AND COMES OUT AS A LEADER

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Greenpeace International has released its latest scorecard, and Ferrero has been categorized as ‘on track’ to ending deforestation for its sustainable palm oil efforts. Having surveyed 14 global consumer goods manufacturers with ‘no deforestation’ policies in place, Greenpeace has analyzed how they are progressing in the implementation of their policies and their direct impact on the ground.

Ferrero, in addition to being identified as the only company to be able to trace nearly 100% of its palm oil back to the plantations, was recognized as one of the leading companies with a strong responsible sourcing and industry reform strategy.

This affirms the positive and effective progress of Ferrero’s long term and multifaceted palm oil strategy, through which Ferrero is dedicated to only sourcing palm oil that aims to protect forests, their biodiversity and people who get a living from them. As part of this strategy, Ferrero launched its Palm Oil Charter in 2013, it achieved its objective to have products with 100% sustainable RSPO certified as segregated palm oil at the end of 2014, and became a member of the POIG in 2015.

Ferrero will continue on its journey towards the full sustainability of its palm oil supply chain, engaged with industry and non-profit organizations through responsible and transparent actions, giving its relentless contribution to the sustainable innovation of the palm oil industry.

For additional information on Ferrero’s palm oil sourcing strategy, please visit www.ferrerosustainability.com

Greenpeace International Scorecard.

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Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with over 35 iconic brands sold in more than 170 countries. The Ferrero Group brings joy to people around the world with much-loved treats and snacks, including Nutella®, Kinder®, Tic Tac® and Ferrero Rocher®. More than 47,000 employees are passionate about helping people celebrate life's special moments. The Ferrero Group’s family culture, now in its third generation, is based on dedication to quality and excellence, heritage, and a commitment to the planet and communities in which we operate.