Ferrero responsible palm oil progress update

Six months after the launch of Ferrero’s Palm Oil Charter , we are pleased to provide an update on our work to implement the Charter across our supplier base.

The Charter was established in November 2013 to make sure the palm oil Ferrero buys is deforestation-free and grown with respect for local communities, workers and biodiversity.

Also in November, Ferrero became a member of global non-profit organization TFT, whose teams are supporting efforts in the field to intensify our work on responsible palm oil procurement.

Traceable palm oil
As a responsible food company, we believe our products should contain palm oil that is traceable back to the plantations and is deforestation and exploitation-free, therefore not linked in any way to environmental degradation and social injustices.
Traceability is critical to achieving this; knowing exactly where the palm oil we buy comes from is the only way to assess practices on the ground and understand if improvements need to be made. At the time of publishing our Charter, 75% of our supply was fully traceable to Roundtable on Sustainable Palm Oil (RSPO) standards. Our focus over the past six months has been to build on this, to trace as much of the remaining supply from refineries through to mills and plantations.

Because of this work, today 90% of our palm oil is traceable back to plantation. Our current supply base consists of 10 refineries, up to 35 mills and 182 plantations in Malaysia, Papua New Guinea and Brazil. In our journey toward responsibility, we remain open to supplies from further countries where growers are committed to complying with our Charter.

No Deforestation palm oil

Recognising that palm oil is a complex industry with many players and varying levels of knowledge, much of our work in the first six months has been to engage suppliers in understanding what we are asking them to commit to through our Charter. This includes guiding them through each of the criteria and what this means in practice.

Palm Oil Charter: Assessing practices
With traceability developing well, the next step is to assess supplier practices. Ferrero has developed a methodology with TFT to evaluate how well the Charter is being implemented by our suppliers and to help growers move beyond RSPO requirements – for example, by committing to no deforestation through the protection of High Carbon Stock forests (1) and High Conservation Value (2) areas , as well as working to include smallholders in responsible supply chains. Our Charter sets out all ten criteria suppliers must commit to, many of which go beyond certification requirements.

Drawing on available environmental and social information, the methodology identifies which plantations in the supply chain should be visited first to review practices against the Charter principles. Those priority plantations are now being visited and recommendations are being made to growers to strengthen a range of practices. Importantly, all visits to date have found no evidence of deforestation within the plantation areas we source oil from.

Next steps
We will provide a further progress update in six months. In the meantime we will continue to collaborate closely with suppliers to implement our Charter, with the goal of reaching 100 % traceability back to the plantation by the end of 2014 and 100% compliance by the end of 2015.

Visit also: www.tft-forests.org


Ferrero launches “FERRERO HAZELNUT AWARD CONTEST” to support research and innovation in the hazelnut world

Ferrero launches “FERRERO HAZELNUT AWARD CONTEST” to support research and innovation in the hazelnut world

An opportunity for PhDs and researchers from all around the world to contribute to innovation in hazelnut cultivation

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Ferrero is not for sale to anyone

Ferrero is not for sale to anyone

 Giovanni Ferrero, Chief Executive of the Ferrero Group, categorically denies that the Company has received any acquisition proposals from another Group within the confectionary sector and confirms that Ferrero is not for sale to anyone.

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Ferrero presents its fourth report on Corporate Social Responsibility

Ferrero presents its fourth report on Corporate Social Responsibility

Ferrero’s fourth Corporate Social Responsibility report is now available, following the public presentation on 10th July at the headquarters of “Il Sole 24Ore” in Milan.

This fourth edition was drafted on the basis of the GRI (Global Reporting Initiatives) Organization parameters. For the second consecutive year, the Ferrero Group has received the highest level of reporting confirmed by GRI Statement, which corresponds to A+.

The report also takes into account: the "Ten Principles" of the United Nations Global Compact (UNGC) and "The OECD Guidelines for Multinational Enterprises." The external revision of this report was carried out by DELOITTE.

This year, the publication of the CSR report is combined with the launch of a website dedicated to the corporate social responsibility of the Group. This website offers useful information related to CSR, the possibility to view and download previous published reports and access an interactive sustainability footstep of the Group.

The new CSR website is available at www.csr.ferrero.com.

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Ferrero presents its third report on corporate social responsibility

Ferrero presents its third report on corporate social responsibility

Ferrero’s third corporate social responsibility report is now available online in several languages.

The report has been officially presented today, for the first time in Istanbul, at “Palazzo Venezia”, the residence of the Ambassador of Italy in Turkey.

The report illustrates the Ferrero Group’s strategy for social responsibility and sustainability as well as its activities throughout the world in 2011.

In view of the objectives set for 2013 and, in the long term for 2020, the issues described have been selected according to their level of importance for the Group and taking into account the opinions of the stakeholders, through specific sessions.

The report was edited by the CSR Office of the Ferrero Group in conformity with:

- GRI Guidelines-Global Reporting Initiative

This year, for the first time, the Ferrero Group has attained A+ level which is the highest level of sustainability reporting confirmed by GRI check and GRI Statement.

Independent assurance of the whole report was carried out by Deloitte.

The report is also available on the Internet at: www.ferrero.com

For the English version of the report, click here >

For the Italian version of the report, click here >

For any comment e-mail to csr@ferrero.com  

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New Ferrero plant to open in Turkey in 2013

New Ferrero plant to open in Turkey in 2013

2013 will see the inauguration of the Group’s 19th production plant, which will rise in the industrial zone of Manisa, in the immediate vicinity of the Izmir port, in western Turkey.
With this decision, Ferrero has shown that it firmly believes in the economic development of Turkey and is particularly interested in the demographic growth of the country. Thus, Turkey is not seen solely as a country of strategic importance as a supplier of raw materials, but also as a domestic market of great interest for Ferrero products in the coming years. Earmarked for the production of Nutella and Kinder chilled products, the plant extends over an area of 146,000 m2. It is expected to be completed by the end of 2013, and when on stream it will provide work for over 200 direct employees and as many in the ancillary industries. The chosen province has a particularly young population and this investment will also foster the development of Ferrero’s Social Enterprises, whose aim, in accordance with their statutory mission, is to improve the health care and educational opportunities for the children living in the area where the plant will rise.

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