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We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Training and programmes tailored to local needs are a key part of Fairtrade’s strategy to enable small-scale farmer organizations to grow and flourish.Enhanced training and support programmes for Ivorian cocoa farmersFerrero has sourced cocoa from Fairtrade cooperatives in Cote D’Ivoire since 2014, making it possible for them to sell a substantially higher proportion of their crops on Fairtrade terms. Transaction Expands Ferrero’s U.S. The EcoVadis Solution allows Ferrero to better understand and monitor risks in its supply chains, while identifying best supplier practices and improvement potentials. The English version is available and can be downloaded at www.ferrerocsr.com. Ferrero suppliers are contractually required to comply with the Ferrero’s Code of Business Conduct. Ferrero guarantees its products are safe for consumers. Reporting directly to the CEO:Mr. Giuseppe Addezio as Chief Human Resources and Organization Officer, Mr. Patrick Baubry as Sales Business Development, Mr. Marco Capurso as Chief Business Officer Area Emerging (China, India, MEA, Asia Pacific), Mr. Lapo Civiletti as Chief Business Officer Area Europe, Mr. Giuseppe D’Angelo as Chief Business Officer Area International (UK, North, Central and South America, CIS and An-countries), Mr. Jorge de Moragas as Chief Financial Officer, Mr. Michele Ferro as Chief Industrial and Supply Officer, Mr. Fabrizio Minneci as Chief Legal Officer, Mr. Briano Olivares as Chief Global Brand Officer, Mr. Aldo Uva as Chief Operating Officer Strategic Business Units. 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. Together with TFT, we have assessed our suppliers’ performance in line with our Charter. Nestlé sold its US confections to Ferrero for $2.8bn ​ ​ earlier this year to focus more on health foods, while Ferrero acquired Ferrara ​ ​ in late last year to expand its product offerings in the US. Moreover, Ferrero collaborates with non-profit and farmer organizations to address agricultural, social, environmental and business issues in cocoa farming. At that time our first strategy involved sourcing RSPO certified as segregated palm oil. Transaction Expands Ferrero’s U.S. Ferrero buys Nestle's US candy business for $2.8 billion. Although the recently raised issue of mineral oil traces in food products has been known to the competent authorities and the food industry for several years, there is as yet no specific food safety regulation regarding this matter. Jan 16, 2018. “The Fairtrade cocoa program is a key component of reaching our objective of 100 percent certified sustainable cocoa by 2020”, says Aldo Cristiano, who is responsible for Ferrero’s sustainability programs. Through UTZ, farmers grow better crops and enjoy a higher income, which creates better opportunities for them and their families, preserves the environment and protects the earth’s natural resources. Ferrero buys Nestlé’s US confectionery business. The Kinder surprise eggs are filled, under proper hygienic conditions, by staff in the plants (see photos). Ferrero buys Nestle’s US confectionary business for US$28.bn. Projects to prevent child labour build on the capacity of children and youth to contribute to self-monitoring, managing and tackling child labour within their own lives and farming communities. In November 2016 this document then led to the launch of the POIG Publication “Palm Oil innovations: Labour Rights”, which Ferrero, as a POIG member, integrated into its Charter. • Oil palm production accounts for 6 % of all cultivated land for vegetable oils globally, but has the highest output, producing 32 % of all oils and fats. This means we have identified each actor along the supply chain, down to the plantations growing the Fresh Fruit Bunches from which the palm oil used in our products is squeezed and further processed. 42), FERRERO TO ACQUIRE US CHOCOLATE CONFECTIONERY MANUFACTURER FANNIE MAY, http://www.reputationinstitute.com/thought-leadership/global-reptrak-100, Free and Fair Labor in Palm Oil Production: Principles and Implementation Guidance, www.ferrero.com/social-responsibility/code-business-conduct, Free and Fair Labor in Palm Oil Production Principles and Implementation Guidance, WWF International Palm Oil Scorecard 2016, www.reputationinstitute.com/thought-leadership/global-reptrak-100, www.ferrerocsr.com/news/Ferrero’s-fourth-palm-oil-progress-report. In the future we want to invest our Premium in projects such as schools for our children and drinking water supply in the communities.”Fairtrade also provides cooperatives with inclusive training on gender equality and child rights. Ferrero recognizes that deforestation and forest degradation is a critical issue of the global cocoa supply chain. Source : www.palmoilandfood.eu/en 2. Rainforest Alliance Certified™ farms support a healthy environment, promote the well-being of workers and their communities and ensure efficient farming methods. "Ferrero's sustainable procurement initiative is off to a great start with a 67% participation rate from direct commodity suppliers " said Pierre-Francois Thaler, Co-CEO of EcoVadis. The revised HCSA toolkit, available in early 2017, will give indications on how to delink deforestation from the palm oil production. Within this context, Ferrero’s membership with the POIG in November 2015 represented a natural step to carry out our commitments and actions on a credible and innovative platform. February 05, 2018. This framework involves key industry members and is organized by the International Sustainability Unit, the World Cocoa Foundation and the Dutch Sustainable Trade Initiative. A pilot assessment project covering approximately 60 strategic suppliers was completed in mid-2016. Product Portfolio with Comprehensive Range of Premium Chocolate ProductsFerrero to Build on Fannie May’s Existing U.S. Manufacturing, Distribution and Retail Platform to Grow the BrandFerrero International S.A. (“Ferrero”), the Italian confectionery group, today announced a definitive agreement pursuant to which Ferrero will acquire Fannie May Confections Brands (“Fannie May”), a U.S. premium chocolate confectionery manufacturer of the Fannie May and Harry London brands, from 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) (“1-800-Flowers”). Long-term commitments of confectionary brands such as Ferrero enable sugar farmers to strengthen their position in a highly volatile market, especially now as policy changes are severely impacting imports of sugar to Europe putting the livelihoods of hundreds of thousands of farmers in developing countries at risk. ", Ferrero and EcoVadis announced the renewal of their partnership over the next three years, Ferrero leads the 2016 WWF Palm Oil Scorecard, On 21st September, the WWF International Palm Oil Scorecard 2016 was published and has placed the Ferrero Group as a top scorer among 137 global companies, which were all assessed according to their sustainability actions in the palm oil sector during 2015. At present, 3 meetings have already been held in Peninsular Malaysia in order to present and discuss the approach. “Ferrero believes that global challenges such as deforestation need collective commitments” said Aldo Uva, Chief Officer Operating Supply and Strategic Business Platform, Ferrero, “Beginning in September 2014, Ferrero signed the New York Declaration on Forests during the Climate Summit. By Dave Fusaro, Editor in Chief. “I am sure that the new Governance will boost our Company’s growth whilst staying true to our roots. We plan to build on the Fannie May organization to support the growth of the Fannie May and Harry London brands. The Ferrero Group has decided to undertake a new governance set up to strengthen its competitive position... Ferrero enters a Cooperative Initiative to End Deforestation in the global cocoa supply chain. No deforestation: updateThe achieved traceability means that by the end of 2016, we have been able to identify the name, ownership and the location of the supplying plantations, including coordinates. Next steps• Visiting priority plantations: with the availability of the new traceability data, we have completed the desktop assessment of suppliers, identifying their status on social and environmental topics, any gaps compared to the Charter and the recommended action plans for them. High level of traceability is key to verify the implementation of the Palm Oil Charter and embedded POIG requirements. So Ferrero products physically contain certified sustainable palm oil.“In achieving 100% segregated certified sustainable palm oil within the context of the Roundtable on Sustainable Palm Oil, Ferrero has demonstrated that it is tackling tropical deforestation in a credible way" said Richard Holland, Director of WWF's Market Transformation Initiative. 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