29-03-2013

Ferrero presents its third Corporate Social Responsibility report

Over 50 industry experts on sustainability and environmental issues, including representatives from industry and government bodies, and the not-for-profit-sector, gathered recently at the Italian Embassy in Canberra to discuss Australia’s sustainable future.

The event was held in conjunction with the launch of the Ferrero Group’s third annual Corporate Social Responsibility Report, which was introduced by Daniele Bondì, Managing Director of Ferrero Australia.

The event was hosted by the Italian Ambassador Gianludovico de Martino.

The third annual Corporate Social Responsibility Report outlines the global sustainability strategy pursued by the Ferrero Group, as well as the objectives to be accomplished by 2020. The document was based on parameters set by the Global Reporting Initiative (GRI), and received an A+ rating by GRI standards, the highest level possible. It was also independently audited by consulting firm Deloitte.

Daniele Bondì spoke of Ferrero’s global strategy to minimise its environmental impact. This included goals of self-producing 100% of its electric power consumed in all of its factories worldwide by 2020, with 30% of this energy coming from renewable sources. Of note in Australia, was that Ferrero’s Lithgow factory is self-generating half of its electricity demand from a tri-generation plant with reductions in CO2 emissions. The company’s environmental achievements have been recognised by a Silver partner status with the NSW Government’s Sustainability Advantage program.

Daniele Bondì’s speech was followed by two guest speakers and an expert panel moderated by Laurie Wilson, Director of the National Press Club. Speakers and panel participants included Tanya Ha television presenter, environmentalist and sustainable living advocate, and Dr Peter Ellyard, Australia’s most prominent futurist and former CEO of Australia’s Commission for the Future.

The speakers discussed the current psychological status of attitudes towards sustainability, and the need to highlight the power and effectiveness of a long term strategic vision for organisations looking to increase their efforts. Also discussed was a move from nationalism to ‘planetism’, as the way forward to ensure a sustainable future. Both speakers congratulated Ferrero as a leader in these areas. The event was concluded with an address by Hon Bernie Ripoll MP, Parliamentary Secretary to the Treasurer, who spoke of Ferrero’s global vision “sharing values to create value”, and commended the company for raising the profile of Corporate Social Responsibility reporting. “It is great to see a business model which allows for growth in sales and production, but which also invests in the community and minimises its impact on the environment” Mr Ripoll said.

The Ferrero Group, in accordance with its company principles of ‘work, create, donate’, has a long history of giving back to communities in which it operates. In addition to its environmental initiatives, Ferrero works globally to advance social sustainability by creating opportunities for education and employment through its Social Enterprises mission. Currently operating in Cameroon, India and South Africa, the Enterprise’s mission is inspired by both a spirit of ethics and a business model that provides financial resources to enable the Enterprises to continue and increase their activities.

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