Ferrero

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Owned	ITA
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Chocolate manufacturer

One of the world's largest chocolate producers. Founded in Italy in 1946. Acquired Nestle's US confectionery business in 2018.

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PRAISE	CRITICISM	INFORMATION
Ferrero SpA
Palm oil scorecard - WWF This company received a score of 9 out of a possible total of 9 in the WWF Palm Oil Buyers' Scorecard 2016, which rates companies on what they are - and aren't - doing to prevent the negative environmental and social impacts of palm oil production. [Source 2016][More on Palm Oil] Palm oil scorecard - Greenpeace 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 2016][More on Palm Oil] Palm oil scorecard - RFUK 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 2016][More on Palm Oil]	Plastic pollution In 2018 volunteers collected and catalogued more than 187,000 pieces of trash from beach cleanups around the world to find out which corporations are contributing the most to the global plastic pollution problem. While not in the top 10, this company ranked as one of the world's worst plastic polluters. [Source 2018][More on Oceans] Nanoparticles in food products 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 2014][More on Product Safety] D grade in Chocolate Scorecard Green America's 2016 Chocolate Scorecard rates companies on their use of ethically sourced, organic and non-GMO ingredients in their chocolate products. This company received a 'D' grade, as they only certify a portion of their chocolate products at present. [Source 2016][More on Workers Rights] 'D' rating at rankabrand.org Rank a Brand searches the websites of brands for the answers to carefully targeted questions. From this they calculate sustainability scores based on the themes of environment, climate, labor issues, and transparency. Brands owned by this company received a 'D'. [Source 2017][More on Sustainability Reporting]	Bonsucro member 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 2014][More on Multi-Stakeholder Initiatives] World Cocoa Foundation member 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 2014][More on Multi-Stakeholder Initiatives] Corporate responsibility claims This company has Corporate Social Responsibility claims on its website, including 10 CSR objectives to achieive by 2020 in the areas of ethical sourcing, environment and human rights [Source 2012][More on Sustainability Reporting] Guidance member 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 2016][More on Multi-Stakeholder Initiatives] Deforestation commitment This company has signed up to the World Cocoa Foundation's frameworks to combat deforestation in Cote d'Ivoire and Ghana, signifying commitments on forest protection and restoration, and sustainable cocoa production and farmer livelihoods. [Source 2017][More on Multi-Stakeholder Initiatives] Sedex member 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 2018][More on Multi-Stakeholder Initiatives] Commitment to zero deforestation 3/5 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, soya, beef, leather, timber, and pulp and paper). This company received a score of 3/5. [Source 2016][More on Forests] Access to Nutrition rating 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 9th. [Source 2016][More on Product Safety] Farm animal welfare The 2017 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 2018][More on Animal Rights]

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You're really spoiling us: has Ferrero been wrongly accused over Nutella?
19th Jun 2015 — Industry observers including Greenpeace have defended the confectionery firm on sourcing sustainable palm oil after a French minister urged citizens to stop buying its spread.

It is not often that government ministers urge their citizens to boycott a specific product. But that is just what the French environment minister Ségolène Royal did with Nutella this week – claiming that the palm oil it is made from contributes to deforestation and does `considerable damage` to the environment.

Cue irritation from the Italian company Ferrero that makes the chocolatey spread and a backlash from Royal`s opposite number in Italy. Industry observers including Greenpeace and WWF also leapt to the defence of the company, pointing out that it has in fact led the industry in cleaning up its act and goes much further than most competitors on responsible sourcing of palm oil.

The company has met its commitments to the Roundtable on Sustainable Palm Oil (RSPO), the voluntary mechanism for controlling the practices of the industry, a year ahead of time. This means it can trace 100% of its palm oil from RSPO registered oil mills.  [source]