Investor Presentaiton
Ferrero Group
Sustainability Report 2022
How we protect the environment
Introduction
Our sustainability
progress
Our reporting
We work hard to manage and
reduce our environmental impact,
increasing environmental efficiency
in our operations and supply chain,
reducing emissions and water
consumption, and increasing
circularity in our manufacturing and
packaging.
Why does it matter?
A resilient and healthy planet is crucial for
sustaining the ingredients and commodities
we depend upon. However, the consequences
of human consumption and rising demand for
energy, land and water are having a major
impact on the planet. Action on climate change
is vital for the future of society, and it connects
many areas of environmental management
across the value chain - from energy, water
and waste, to ecosystems, biodiversity and the
transition towards a circular economy.
Our environmental impact arises from our
manufacturing operations, the resources we
use for our products and packaging, and their
end-of-life management. We consider issues
such as biodiversity, packaging and the
circular economy, and climate change, as key
issues to focus our attention on as we continue
to make positive changes.
Our approach
Our strategic approach applies a precautionary
principle to managing risks and opportunities
that arise through our direct and indirect
operations, ensuring we do not harm the
environment or people.
We consider the climate impact of our
products, logistics and packaging across the
entire value chain, and focus on the areas
where we have the greatest opportunity to
achieve meaningful change. We also manage
the environmental impact of sourcing our raw
materials, as we describe in the relevant
chapter of this report.
Our key focus areas for managing the direct
and indirect impact of our operations are:
• Climate action: reducing our carbon
footprint by reducing greenhouse gas
(GHG) emissions across our operations
and value chain, and improving energy
efficiency.
• Water management: using water
responsibly in our production processes,
reducing our consumption and managing
wastewater discharge.
• Industrial and food waste: promoting the
transition to a circular economy, where
packaging and residuals from
manufacturing plants have value and
never become sources of pollution.
• Packaging design and the circular
economy: supporting the transition to a
circular economy, where packaging never
becomes waste.
The Industrial and Supply Environmental and
Energy Policy and Supplier Code set out our
commitments to protecting the environment,
supported by detailed operational procedures.
Our approach includes complying with local
legislation, certifying plants, collecting and
monitoring data, and investing in technology
to reduce our operational impact.
Our plants and supply-chain logistics agree
their own plans in line with corporate
guidelines and the local situation. The Central
Direzione Operations Sustainability,
Environment and Energy (DOSEE) function
interacts with local Industrial Sustainability,
Environment and Energy (ISEE) and local
Supply Chain Development (SCD) managers
to encourage engagement, raise awareness,
increase capabilities, implement efficiency
projects and share best practices. ISEE
managers oversee local environmental and
energy management and are the focal point for
all related activities. SCD managers develop
the local supply-chain initiatives for
decarbonisation.
We support the transition to a circular
economy and are working to design our
packaging to be reusable, recyclable or
compostable. The Direzione Packaging Unit
(DPU) works on our packaging from concept to
the shelf. We use a science-based approach to
developing our packaging - identifying the
right materials to ensure our quality and safety
requirements, in a life cycle approach.
We have conducted Life Cycle Assessment
(LCA) studies for our main products, including
their packaging.
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