Ferrero
Ferrero buys only segregated, sustainable palm oil, which is 40% more expensive than the non-sustainable alternative. Ferrero's Palm Oil Charter, cooperation with the UN (UN Global Compact, the world’s largest corporate sustainability initiative), their company foundation and a group of ambassadors ensure that sustainability remains a critically important part of the company’s strategy. Ferrero's Farming Value Standard consists of 18 indicators, which is unprecedented in the industry.
IIASA has worked with Ferrero in the following areas:
Ferrero YSSP Fellowship
Established for three years in 2016, the Ferrero YSSP Fellowship supported YSSP fellows, whose research interests aligned with IIASA expertise and research strategy, and contributed to Ferrero's long-term commitment to sustainable sourcing of raw materials and zero deforestation. More
IIASA strengthens its partnership with Ferrero
A delegation from Ferrero, the third largest chocolate and confectionary company in the world, visited IIASA to further their innovative industry-research partnership and sign a new Memorandum of Understanding. More
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Focus on zero-deforestation palm oil in Malaysia
Many companies pledged to source deforestation-free palm oil only. What does that mean on the ground? A new IIASA study in collaboration with Ferrero sheds light on land use in palm estates in Malaysia. More