Climate Change

Since 2009, we have been measuring our Carbon Footprint annually, committing to gradually increasing the boundaries. We have measured our Total Carbon Footprint for the past decade to identify the impacts of our activities – from raw materials to the use of our products. Having a clear and complete picture of our impacts across the value chain is key to identify the areas with the greatest opportunity to reduce our emissions.

our 2030 Target

Reduce absolute Scope 1 and 2 emissions by 50% from a 2018 base year.Reduce Scope 1, 2 and 3 emissions intensity by 43% per tonne of product produced from a 2018 base year.

The first target covers 100% of Scope 1 and 2 emissions for our plants, warehouses and head office and aligns with a reduction pathway that is consistent with the challenging 1.5°C temperature increase scenario. The second target covers the whole value chain – including almost 90% of our Scope 3 emissions. We included all the main areas contributing to the group footprint, including: our key ingredients such as dairy, palm oil, hazelnuts, sugar, flour and cocoa; packaging; upstream logistics; and fuel and energy-related activities.These areas are more challenging to address because they are outside of our direct control. However, we believe that, through engagement with our suppliers, we can build a shared journey to achieve this target. Together, the two targets cover the majority of Ferrero’s Scope 1, 2 and 3 emissions. We have developed a roadmap which sets out how we will achieve the first target covering Scope 1 and 2 emissions by 2030. For the second target, involving Scope 3 emissions, we will develop a multi-faceted approach that will include working with suppliers to reduce emissions, rethinking products and solutions and developing new products.Our new commitment to make 100% of our packaging to be reusable, recyclable or compostable by 2025 will contribute to achieving our target. In some cases, we will consider prioritizing lower emission suppliers and we will investigate opportunities to integrate investment activities to reduce emissions in our agricultural supply chains.

Community Involvement

‍

Local Farmer in the Foui region near Yaounde, Cameroun

‍

Farmers contribute very little to climate change yet unfairly bear the brunt of its impact, with fluctuating temperatures, unpredictable crop seasons and extreme weather. It is the duty of the cocoa industry stakeholders to preserve the naturally-rich soil and broader ecosystem. Thus, Natural International Export has also partnered with the largest organic cocoa cooperative in Cameroun and other African countries.

With a group of over 10,000 farmers across four main cocoa growing regions, these farmers use organic fertilizers which provide macro and micro nutrients to ensure soil regeneration. Not only do these practices increase crop yields, carbon capture, and retain water for root growth, but they also negate the use of synthetic pesticides which are harmful for both the farmer and environment. Lastly, Natural International Exports ensures that these farmers are paid above industry-standard premiums for their cultivation of organic cocoa beans.

‍

Cocoa farmers are both an indispensable factor and essential link in the global cocoa supply chain. The cultivation of this cash crop remains a critical livelihood activity for hundreds of thousands farmers in Ghana. However, these vital individuals are equally the most vulnerable. Industry experts note that approximately 95% of annual global cocoa bean production is cultivated by smallholder farmers, often in regions with poor infrastructure and low income per capita.

‍

^{“meeting the needs of the present without
compromising the ability of future generations
to meet their own needs”}

- Brundtland Commission’s definition of Sustainable Development

‍

Community Involvement

“meeting the needs of the present without compromising the ability of future generationsto meet their own needs”

^{“meeting the needs of the present without
compromising the ability of future generations
to meet their own needs”}