Potential offtaker

Ferrero International S.A.

Estimated electricity consumption

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Countries of production presence

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Ferrero International S.A. is a global packaged food company headquartered in Luxembourg. The company is known for its iconic brands such as Nutella, Kinder, Ferrero Rocher, Tic Tac, and Thorntons. Ferrero International S.A. operates in over 170 countries and has more than 30,000 employees worldwide. The company's core values are quality, innovation, respect, and social responsibility.

Ferrero International S.A. is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050. Ferrero International S.A. is also committed to sourcing 100% renewable electricity for its operations by 2020.

One of the ways Ferrero International S.A. is achieving its decarbonisation goals is through corporate energy procurement. The company has signed several corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow Ferrero International S.A. to purchase renewable energy directly from the source, reducing its reliance on fossil fuels and helping to drive the transition to a low-carbon economy.

In 2019, Ferrero International S.A. signed a 10-year PPA with BayWa r.e. for the supply of 100% renewable electricity to its production sites in Poland. The agreement will provide Ferrero International S.A. with 42 GWh of renewable electricity per year, reducing its carbon footprint by 16,000 tonnes of CO2 annually. Ferrero International S.A. has also signed a PPA with Enel Green Power for the supply of 100% renewable electricity to its production sites in Italy.

Ferrero International S.A. has also invested in renewable energy projects. In 2019, the company announced a partnership with the International Renewable Energy Agency (IRENA) to support the development of renewable energy projects in Africa. The partnership will focus on increasing access to renewable energy in rural areas and supporting the deployment of renewable energy technologies.

Ferrero International S.A. has also implemented energy efficiency measures in its operations. The company has invested in energy-efficient equipment and technologies, such as LED lighting and energy-efficient motors. Ferrero International S.A. has also implemented energy management systems to monitor and reduce its energy consumption.

In addition to its decarbonisation efforts, Ferrero International S.A. is committed to social responsibility and sustainability. The company has implemented sustainable sourcing practices for its raw materials, such as cocoa and hazelnuts. Ferrero International S.A. has also launched several initiatives to support local communities and promote sustainable agriculture.

Ferrero International S.A. is a member of several sustainability initiatives, including the Sustainable Agriculture Initiative Platform (SAI Platform) and the World Cocoa Foundation. The company has also signed the United Nations Global Compact, committing to align its operations with ten principles in the areas of human rights, labour, environment, and anti-corruption.

In conclusion, Ferrero International S.A. is a global packaged food company committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and achieve net-zero emissions. Ferrero International S.A. is achieving its decarbonisation goals through corporate energy procurement, renewable energy investments, and energy efficiency measures. The company is also committed to social responsibility and sustainability, implementing sustainable sourcing practices and supporting local communities. Ferrero International S.A. is a leader in the packaged food sector and a role model for other companies looking to reduce their environmental impact.