Investor Presentaiton
Ferrero Group
Sustainability Report 2022
Introduction
Our sustainability
progress
Our alliances and partnerships
We are members of many important
organisations through which we contribute to
the development and adoption of stronger
standards for sustainable palm oil.
RSPO
The Roundtable on Sustainable Palm Oil
(RSPO) was established in 2004 to promote
the growth and use of sustainable palm oil
products. Ferrero is a certified member and on
the RSPO Board of Governors since June 2020.
The RSPO has developed a set of
environmental and social criteria for producing
Certified Sustainable Palm Oil (CSPO). It has
more than 4,000 members worldwide; they
represent all links along the palm oil supply
chain and will produce, source or use only
CSPO.
POIG
The Palm Oil Innovation Group (POIG) focuses
on creating and promoting innovation in the
palm oil industry, to build on RSPO standards
and address additional critical issues. Founded
in 2013, it was developed by leading NGOs
and progressive palm oil producers. We have
been a member since November 2015. As
POIG approaches its tenth year, in 2023, it will
describe its journey, lessons, outcomes and
challenges in a series of reports that mark the
formal conclusion of the initiative.
HCSA
The High Carbon Stock Approach (HCSA) is a
methodology that distinguishes between
forest areas needing protection, and degraded
lands with low carbon and biodiversity values
that may be developed. The aim is to provide a
practical, accepted and scientifically credible
approach to halting deforestation in the tropics,
while respecting the livelihoods of local people.
We have been a member since October 2019.
EPOA
Since 2012 European Palm Oil Alliance (EPOA),
a business initiative that collaborates with
national initiatives in different European
countries, has strongly supported the uptake
of 100% sustainable palm oil and facilitated
science-based communication about the
nutritional and sustainability aspects of
palm oil.
After setting up and effectively implementing
the EPOA strategy in the past decade, the
EPOA board members decided to officially
dissolve the initiative as of 1 January 2023.23
FONAP
As a member of the Forum for Sustainable
Palm Oil (FONAP), in 2022 we embarked,
alongside other FONAP members, on a pilot
project in Indonesia: From sustainable palm oil
to sustainable landscapes 24 designed to
support smallholders in palm oil cultivation in
operating more sustainably, pursuing
ecological practices such as social forestry,
water management, natural resources
protection and regenerative agriculture, as
well as improving social aspects.
23. EUROPEAN PALM OIL ALLIANCE (EPOA)
Home >> European Palm Oil Alliance.
24. FONAP-Project Indonesia - FONAP-Project Indonesia
(forumpalmoel.org).
Our reporting
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