Investor Presentaiton
Ferrero Group
Sustainability Report 2022
Michele Ferrero Entrepreneurial Project
Introduction
The entrepreneurial and
philanthropic spirit that has always
characterised our business was the
inspiration behind Ferrero Social
Enterprises, established in 2005 in
Cameroon, and later in South Africa
and India. In 2015, to honour the
founder, we renamed it the Michele
Ferrero Entrepreneurial Project
(MFEP).
Adding value to local communities through the
Michele Ferrero Entrepreneurial Project.
India
After almost two years of shutdown, enforced
by the Covid-19 pandemic, the Pietro Ferrero
Kindergarden at Baramati finally resumed its
activities in spring 2022.
Inaugurated in November 2014, the
Kindergarden is a centre for early-years
education, located on the site of the Ferrero
plant at Baramati, in the Indian State of
Maharashtra. A modern, extended (over 1,000
square metres) and functional facility, it can
host up to 120 children between three months
and five years old.
The social spirit that informs the MFEP also
inspires the Ferrero India company. MFEP
companies implement philanthropic projects
aimed at safeguarding the health and
educational and social development of children
in the local communities where their plants
operate. The Pietro Ferrero Kindergarden (PFK)
is a great example of this community-oriented
action: not all those attending it free of charge
are children of Ferrero employees; about
one-third of them are from disadvantaged
families living in surrounding villages. A free
bus service provides daily transport from/to
such villages, ensuring regular access to the
kindergarten services.
Pietro Ferrero Kindergarden in Baramati
PFK supports each child's cognitive
development by nurturing their individual skills.
Specialist educators do this, guided and
overseen by qualified supervisors. Careful
consideration is given to the children's diet (a
complete meal and two snacks, generally
consisting of milk, fresh fruit and grains), as
well as to their hygiene and personal care. The
PFK team also monitors their weight and
height, and responds appropriately to any kids
who score low. Periodic visits to the doctor,
dentist and ophthalmologist complete the
kindergarten's thorough approach to
preventative care.
Measures such as these have helped PFK build
a reputation for quality over the past eight
years and this quality was recognised at the
10th India Leadership CSR Summit, held in
Bangalore on 10 December 2021. The summit
is the largest CSR forum in India, bringing
together companies, CSR foundations,
government agencies, non-profits, social
businesses and advisory firms to network,
collaborate and pursue initiatives in the
development and social-impact sector. Awards
given at the event recognise the organisations
that have had a positive impact on both
business and society by taking a strategic
approach to CSR through collaborative
programmes. PFK won in the category of
Community Development for 'Adding Value to
Local Communities'.
South Africa
Continuing the partnership between MFEP and
the Ministry of Education of the Republic of
South Africa, MFEP and the Ferrero Joy of
moving (JoM) team joined forces in 2022 to
launch a pilot project aimed at helping rural
primary schools in the Sedibeng district of the
Gauteng province (where a Ferrero plant
operates) to adopt the JoM method.
The project was developed and implemented
jointly with the district representatives of the
Department of Basic Education and the
principals of the seven participating schools,
hosting more than 10,000 pupils. It is part of a
programme started by MFEP in 2012, designed
to improve sports facilities at disadvantaged
rural primary schools in the Sedibeng district.
The pilot project was made possible by the
construction, in 2020/21, of a modern Sports
Centre at the Laerskool Deur, open to other
local schools without sport facilities.
Based on the positive outcome of the pilot -
evaluated by all parties involved - plans are
underway to expand these activities in the
near future.
Our sustainability
progress
Our reporting
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