One of the world's largest chocolate producers. Founded in Italy in 1946. Acquired Nestle's US confectionery business in 2018.
In 2016 Greenpeace published a report on the progress towards zero deforestation in the palm oil supply chains of several multinational companies. Companies were assessed on three criteria: responsible sourcing, transparency and industry reform. This company was rated as 'on track'.
Source: Greenpeace (2016)
The WWF Palm Oil Buyers Scorecard 2019 assesses 173 companies on the commitments they have made, and the actions they have taken, to ensure that there is no destruction of nature including no deforestation along their supply chains; and support a responsible and sustainable palm oil industry beyond their own supply chain. This company is rated 'leading the way' with a score of 21.5 out of a possible total of 22.
Source: WWF Palm Oil Buyers Scorecard 2019 (2019)
Ethical Consumer has ranked companies' practices and policies in relation to their palm oil sourcing for the Rainforest Foundation/Ethical Consumer palm oil campaign. This company received a 'green' rating.
Source: Rainforest Foundation UK (2016)
A 2017 investigation by Mighty Earth, "Chocolate's Dark Secret," found that a large amount of the cocoa used in chocolate produced by major chocolate companies, including this one, is grown illegally in national parks and other protected areas in Ivory Coast and Ghana. The countries are the world's two largest cocoa producers. The report documents how in several national parks and other protected areas, 90% or more of the land mass has been converted to cocoa. Less than four percent of Ivory Coast remains densely forested.
Source: Mighty Earth (2017)
Rainforest Action Network's 2021 report and scorecard "Keep Forests Standing" assessed 17 brands and banks on their efforts to address their contribution to the destruction of forests, ongoing land grabs, and violence against local and Indigenous communities. This company was identified as one of the worst offenders, receiving an 'F' grade in the evaluation.
Source: RAN (2021)
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 38%.
Source: Forest 500 (2020)
In 2019 Break Free From Plastic engaged 72,541 volunteers in 51 countries to conduct 484 brand audits. These volunteers collected 476,423 pieces of plastic waste, 43% of which was marked with a clear consumer brand. While not in the global top 10, this company ranked as South America's third worst plastic polluter.
Source: #breakfreefromplastic (2019)
This 2014 report by Friends of the Earth documents a tenfold increase in unregulated, unlabeled "nanofood" products on the American market since 2008. The report named this company among those with products containing unlabeled nano-ingredients. These nanomaterials differ significantly from larger particles of the same chemical composition, and new studies are adding to a growing body of scientific evidence indicating they may be more toxic to humans and the environment.
Source: FOE (2014)
This company has Corporate Social Responsibility claims on its website, including CSR reports, codes of conduct and statements on palm oil, packaging and child labour.
Source: company website (2020)
This company is a member of Bonsucro - Better Sugar Cane Initiative, a global non-profit, multi-stakeholder organisation fostering the sustainability of the sugarcane sector through its leading metric-based certification scheme and its support for continuous improvement for members.
Source: Bonsucro (2019)
This company is a member of Guidance, a pre-competitive global initiative, convened by Quantis, which aims to provide a methodological guide with credible references that companies can use to account for the climate change impacts of their efforts on sustainable forests and agriculture in an accurate and credible manner.
Source: Quantis (2016)
This company is a member of the Sustainable Agriculture Initiative (SAI) Platform, the main food industry initiative supporting the development of sustainable agriculture worldwide. Created by Nestle, Unilever and Danone in 2002, the SAI Platform is a non-profit organization to facilitate sharing, at precompetitive level, of knowledge and initiatives to support the development and implementation of sustainable agriculture practices involving the different stakeholders of the food chain.
Source: SAI Platform (2019)
This company is a member of the Supplier Ethical Data Exchange (Sedex), a not-for-profit, membership organisation that leads work with buyers and suppliers to deliver improvements in responsible and ethical business practices in global supply chains. Tens of thousands of companies use Sedex to manage their performance around labour rights, health & safety, the environment and business ethics.
Source: Sedex (2018)
This company is a member of the Cocoa & Forests Initiative, demonstrating a commitment to no further conversion of any forest land for cocoa production in Ghana and Cote d'Ivoire. On March 2019, thirty-three company signatories, accounting for about 85% of global cocoa usage, released detailed individual action plans. The action plans focus on forest protection and restoration, sustainable cocoa production and farmers' livelihoods, and community engagement and social inclusion.
Source: World Cocoa Foundation (2020)
This company is a member of the World Cocoa Foundation (WCF), an international membership organization representing more than 100 member companies across the cocoa value chain. WCF is committed to creating a sustainable cocoa economy through economic & social development and environmental stewardship in cocoa-growing communities.
Source: World Cocoa Foundation (2019)
The Access to Nutrition Index (ATNI) is a global initiative that evaluates the world's largest food and beverage manufacturers on their policies, practices and performance related to undernutrition and obesity. Of the 22 companies ranked this company came 12th.
Source: Access to Nutrition Foundation (2018)
In 2021 Green America, Mighty Earth and Be Slavery Free released their Easter Chocolate Shopping Guide, which breaks down company commitments and policies in regards to deforestation, farmer poverty and child labour. It does not assess effectiveness or implementation. This company is rated as "Starting to have good policies to implement".
Source: Be Slavery Free (2021)
The 2020 Business Benchmark on Farm Animal Welfare (BBFAW) report ranks global food companies on how they are managing and reporting their farm animal welfare policies and practices. This company appeared in tier 4, "Making progress on implementation", with tier 1 being the best, and tier 6 the worst.
Source: BBFAW (2020)
|Type||Family-owned private company|
|Revenue||8.4 billion EUR (2014)|
|Subsidiaries||Ferrero Australia Pty Ltd
Ferrero Australasia Manufacturing Pty Ltd
Products / BrandsFerrero Australia
Ferrero Rocher Chocolate
Nutella Chocolate Spread
Tic Tac Mints & Gum