The Ferrero Group has released its 10th Corporate Social Responsibility Report and committed to making all its packaging 100% reusable, recyclable or compostable over the next five years..
The new commitment on packaging is designed to minimise Ferrero’s impact on the environmental, from raw materials to production plants and logistics.
Giovanni Ferrero, executive chairman of the Ferrero Group, said: “Ferrero has always taken a responsible approach to delivering high-quality product experiences that positively contribute to both today and tomorrow’s society. This belief continues to drive us towards a responsible value chain by sourcing sustainably, producing sustainably and now by further strengthening our commitment to more sustainable packaging.
“We are pleased to announce our commitment towards 100% reusable, recyclable or compostable packaging by 2025 and signing The New Plastics Economy Global Commitment with the Ellen MacArthur Foundation allows us to support the acceleration towards a circular economy.”
Sander Defruyt, lead of The New Plastics Economy initiative at the Ellen MacArthur Foundation, added: “The New Plastics Economy Global Commitment unites businesses, governments and others behind a clear vision of a circular economy for plastic. We are pleased Ferrero is joining us, by setting concrete 2025 targets.
“Our vision is for a world where plastic never becomes waste or pollution. It will be a challenging journey, but by coming together we can eliminate the plastics we don’t need and innovate, so the plastics we do need can be safely and easily circulated – keeping them in the economy and out of the environment.” -
To achieve its packaging target, Ferrero will engage its entire group, suppliers and partners. Investments in R&D and Open Innovation, as well as working in partnerships, will drive the strategy to eliminate unnecessary plastic packaging without compromising the quality and freshness of its products.