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 towards 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 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 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 programme 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. 

For further information visit: www.ferrerosustainability.com. 

Source: Ferrero Group