Investor Presentaiton
Ferrero Group
Sustainability Report 2022
Introduction
Our sustainability
progress
Our reporting
F
Our roadmap for sustainable
packaging
While there are positive improvements in
circularity, change is taking longer than
expected due to the complexity of the current
systems. The Ellen MacArthur Foundation's
(EMF) Global Commitment 2022 Progress
Report¹¹ showed that the signatories have
achieved good progress on recyclability,
reusability and compostability, as well as on
plastic recycled content, which doubled in the
last three years. For some specific packaging
formats, unprecedented efforts must still be
made towards full circularity. For instance,
we focus on thermoformed polyethylene
terephthalate (PET) and flexible packaging.
It is not due to a lack of ambition, but merely
a consequence of the complexity and effort
required to disrupt a well-established linear
economy, optimised over past decades.
We remain committed to all our packaging
goals. Our investment plan is in place and
progressing. We have updated projects that
are on track to meet our commitments as well
as projects where waste-management
infrastructure is essential to achieve the goals.
With innovation, redesign, partnerships and
collaborations, and advocacy for efficient
country EPR schemes, we have identified clear
steps to 2025 and beyond. We have selected
our partners accordingly to fill the gaps in our
packaging circularity.
11. The Global Commitment 2022.
Main milestones in Ferrero's sustainability packaging
2019
October 2019, Ferrero made a bold
commitment to more-sustainable
packaging and signed the Global
Commitment for a New Plastics Economy
with the EMF. The main objective was to
make all packaging recyclable or
compostable "reusable in practice and
scale" by 2025.
2021
Aligned with the overall commitment signed
in 2019, Ferrero reinforced its position in
2021, by signing the CGF Golden Design
Rules with focus on plastic packaging. The
design for recycling (D4R) concept was
introduced as precursor of recyclability
happening in practice and at scale.
Designing packaging to be recyclable, as a
new metric to measure progress, is quite
important, as it enables companies to show
progress on efforts taken to better design
their packaging that is not immediately
reflected in recyclability "in practice and
at scale".
2022
As noted in the EMF 2022 Global Progress
Report, most signatories of the Global
Commitment for the New Plastics Economy
are facing challenges and some of the key
targets are not likely to be met by 2025.
These challenges also apply to Ferrero as a
signatory to the Global Commitment.
This is why Ferrero currently works both on the
design of packaging to be recyclable, reusable
or compostable, and at the same time to
support the acceleration of infrastructure
development by partnering with value-chain
partners and advocating for efficient country
EPR schemes, and supporting the vision of a
legally binding Global Plastic Treaty. This is
ultimately to reach the objective in practice
and scale, but in the meantime, progress is
also tracked through the D4R approach.
2022
Ferrero reporting on progress towards
designing all packaging to be
reusable, recyclable or compostable
2021
Ferrero commitment to reduce the use
of virgin plastic and to boost the use
of post-consumer recycled content in
plastic packaging
2019
Ferrero commitment to make all
packaging recyclable, reusable or
compostable by 2025
For more information:
The EMF Global Commitment for a New
Plastics Economy
CGF Golden Design Rules
The EMF 2922 Global Progress Report
UN Global Plastic Treaty
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