Investor Presentaiton
Ferrero Group
Sustainability Report 2022
How we empower our people
Introduction
Our sustainability
progress
Our reporting
F
Emotion, passion and values,
generation after generation. This is
Ferrero. And this is only possible
due to our people.
We work to build a culture of trust,
respect, diversity and opportunity
for all. We care about our people
and believe it is essential that we
work at all times to create an
inclusive company culture that uses
the full range of its talents to
respond to our business priorities.
BET JOY WY
LET JOY WY
Why does it matter?
We encourage a culture of managerial
excellence and an inclusive mindset. As Ferrero
continues to grow and diversify, our global
workforce continues to be engaged and feels
inspired to support our growth.
Our approach
We introduce Ferrero employees to the
company vision when they join, and continue
our employee engagement as guided by our
People Centricity Strategy:
• Evolving our relationship with our
employees, helping them be proactive
about their career development, including
through digital channels.
•Developing expectations of line managers
as catalysts for change, through our Line
Managers Excellence manifesto and
programme.
Enabling HR professionals to play a
transformative role while helping
managers to be accountable and
proactive.
This people-centric mindset allows us to be
better positioned to support and encourage
our colleagues throughout their careers with
us. We encourage everyone to grow and thrive
as we enter a new, digitally enhanced era.
Our focus on people extends across the whole
value chain, ensuring we uphold high
standards of safety, and of human and labour
rights, both in our operations and global supply
chain. We apply a due-diligence-based
approach that ensures our employees,
suppliers and collaborators adhere to the
standards set out in the Ferrero Code of Ethics,
Code of Business Conduct, Supplier Code and
Human Rights Policy Statement (see page 39).
We also have an impact on society through our
social activities:
The Ferrero Foundation - offering Ferrero
Seniors (retired Group employees) a
programme of creative, recreational and social
activities, accompanied by social and
healthcare services, and investments in
promoting individuals and culture (page 79).
Michele Ferrero Entrepreneurial Project
- creating jobs and supporting social initiatives
that safeguard the health, education and
social development of children and young
people in the least-developed areas of
emerging countries (page 80).
Kinder Joy of moving - our international social
responsibility project that aims to bring the joy
of movement into the life of every child, by
promoting physical activity and an active
lifestyle, in an easy, engaging and joyful way
(page 81).
Diversity and inclusion matter. Since our
inception, we have believed that a diverse and
inclusive workforce, and strong values, are
crucial to long-term business success. We
motivate and develop our employees to
improve their decision-making and consumer
focus. Our colleagues' safety and wellbeing are
paramount and we strive to manage any
associated risks that may arise for them and
our business.
We must engage all our people at all levels -
that's over 41,000 employees in more than 50
countries to continue our success and create
a more diverse and inclusive work
environment, where everyone, regardless of
their background, has equal access to
opportunities and resources. We do this by
listening and responding to their views, and
creating a workplace where people feel valued
and able to grow.
Respect for human rights is a key value within
our operations and supply chains. We work
with many parties to address worker safety,
labour rights and children's rights, and to
contribute to inclusive and thriving
communities.
What makes you
different makes us
great!
"Ferrero's diversity and inclusion
are assets. We believe that
when we work, think and act
to leverage those assets, we're
seizing one of the greatest
opportunities of our age. But
saying it is easier than doing
it. It requires leadership, from
every one of us. It requires us
to inspire, to influence, to
challenge, to have the will
and to be determined."
Mr Giovanni Ferrero, Mr Lapo Civiletti
70
<View entire presentation