08-03-2016

FERRERO EVALUATED BY GREENPEACE’S PALM OIL SCORECARD AND COMES OUT AS A LEADER

Greenpeace International has released its latest scorecard, and Ferrero has been categorized as ‘on track’ to ending deforestation for its sustainable palm oil efforts. Having surveyed 14 global consumer goods manufacturers with ‘no deforestation’ policies in place, Greenpeace has analyzed how they are progressing in the implementation of their policies and their direct impact on the ground.

Ferrero, in addition to being identified as the only company to be able to trace nearly 100% of its palm oil back to the plantations, was recognized as one of the leading companies with a strong responsible sourcing and industry reform strategy.

This affirms the positive and effective progress of Ferrero’s long term and multifaceted palm oil strategy, through which Ferrero is dedicated to only sourcing palm oil that aims to protect forests, their biodiversity and people who get a living from them. As part of this strategy, Ferrero launched its Palm Oil Charter in 2013, it achieved its objective to have products with 100% sustainable RSPO certified as segregated palm oil at the end of 2014, and became a member of the POIG in 2015.

Ferrero will continue on its journey towards the full sustainability of its palm oil supply chain, engaged with industry and non-profit organizations through responsible and transparent actions, giving its relentless contribution to the sustainable innovation of the palm oil industry.

For additional information on Ferrero’s palm oil sourcing strategy, please visit:
www.ferrerocsr.com/news/Ferrero’s-fourth-palm-oil-progress-report

Clic here to download and view the scorecard>