Investor Presentaiton
Ferrero Group
Sustainability Report 2022
Other ingredients
Introduction
Our sustainability
progress
Our reporting
F
In addition to our main raw
materials, we source several other
ingredients, where we promote the
same sustainability criteria.
Coffee
We source coffee from supplier partners that
are Rainforest Alliance/UTZ certified, mainly
from four origins: Brazil, Costa Rica, Dominican
Republic and Colombia.
Soy lecithin
We source our soy lecithin from Brazil, India
and EU countries. More than 75% of our
sourcing is Proterra-certified.
Coconut
We adhered to the industry Coconut Charter
framework 31, co-developed with partners
within the Roundtable on Sustainable Coconut,
now called The Sustainable Coconut
Partnership, and we are working on applying
its ambition and principles for coconut
sustainability programmes.
The Sustainable Coconut Partnership started
as a series of meetings in 2019. It brings
together buyers, processors and others
involved in coconut supply chains to find
solutions and share investment approaches in
establishing cost-effective sustainable coconut
value chains, and supporting farmers'
livelihoods.
It now plans to formalise its approach as an
organisation during 2023, aiming to catalyse
responsible coconut production and major
market transformation by establishing
industry-wide best practices and impact
programmes, and further harmonising industry
requirements to their supply-chain partners.
Shea
Shea butter is processed from shea nuts and is
used to enhance the taste and consistency in
our products. The shea tree grows wild and
can be found only in the Sahel belt of West
Africa. The tree is very important for countries
in the region, as its fruit provides nutrition and
income for the population in rural areas, and
the bark, leaves, sap and roots are used for
traditional medicinal purposes. The trees also
contribute to the prevention of desertification.
Traditionally, women collect the shea fruits,
which make up a significant proportion of the
local diet. The kernels are boiled, shelled and
dried. Some kernels are kept for household use,
and the rest are sold. The income from selling
the kernels enables families to pay for school
fees, clothing and farm equipment.
Nearly 2 billion shea trees grow naturally on
parklands in 21 African countries stretching
from Senegal to South Sudan, while 16 million
women living in rural communities individually
collect fresh shea fruits and kernels for
processing. Shea offers technical and health
benefits as a cooking oil and is used as a food
and cosmetic ingredient. Today, more than half
of all shea export is processed in West Africa
as shea butter, shea stearin and shea olein.
With approximately 800,000 tonnes collected
each year, global demand for shea has grown
significantly due to new shea applications in
food and cosmetics, and increased investment
in supply expansion and processing. The shea
industry provides a critical source of jobs and
incomes to often poor and under-served
communities.
Since 2018, Ferrero has been a member of the
Global Shea Alliance (GSA). Established in
2011, the GSA is a non-profit industry
association with 560 members from 35
countries, including women's groups, brands
and retailers, suppliers, and NGOs. The GSA
aims to be the premier platform for the
strategic interests and practical needs of its
members, shea stakeholders large and small
worldwide. The GSA's mission is to design,
develop and run strategies that promote a
competitive and sustainable shea industry
worldwide, and to improve the livelihoods of
rural African women and their communities.
31. Home | Coconut and coconut oil Roundtable
(sustainablecoconutcharter.com)
56
<View entire presentation