Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Fonterra Releases Its Sustainability Report 2018


29 November 2018


Fonterra is pleased to share its second annual Sustainability Report covering how the Co-operative is progressing towards its environmental, social and economic goals.

CEO Miles Hurrell says the report is one of the ways Fonterra is showing where it’s at and where it needs to get to in sustainability.

“There are areas where we’re leading our industry thanks to the hard work of our farmers, people and partners.But there are also areas where we’ve tried and haven’t hit the mark yet, and the report doesn’t shy away from that,” says Hurrell.

“We have considerable scale and with that comes the opportunity, and the responsibility, to influence for good. That’s exactly what we’re working to do, by producing dairy in a way that cares for people, animals and the land, and brings long-term value to our communities.”

New Zealand farmers lead the world in many aspects of sustainable dairying, with high productivity, year-round pasture grazing and lower use of supplementary feeds. However, the scale of the industry in New Zealand means that dairy’s environmental footprint is of national significance.

“Our farmers have led the way with excluding cows from waterways but other areas are going to take longer, like lowering greenhouse gas emissions both on farm and in manufacturing,” says Fonterra’s Director of Sustainability Carolyn Mortland.

“Our ambition is to make the best nutrition in a way that regenerates our farms, our country and the world. The challenges associated with this are significant, but we’re committed to making a difference.”

To help with this ambition, Fonterra recently appointed an independent Sustainability Advisory Panel, chaired by Sir Rob Fenwick.

The Sustainability Report 2018 was prepared using the internationally recognised Global Reporting Initiative (GRI) Standards and has been independently assured.

The report is organised into the three pillars of Fonterra’s sustainability framework – Nutrition, Environment, Community – with some of the highlights included below.

NUTRITION

Fonterra is focused on providing healthy and responsible products to people around the world to help address public health challenges, improve access to adequate nutrition and contribute positively to the wellbeing of individuals.

- Fonterra launched a new dedicated medical nutrition division. The team is tasked with pioneering dairy nutrition solutions to help people recovering from disease and illness at all stages of life, as well as helping people age in good health.

- 71% of Fonterra’s everyday and advanced nutrition products meet Fonterra’s Food and Nutrition Guidelines, which were endorsed by the New Zealand Nutrition Foundation. This is working towards a target of 75% by 2020, and 100% by 2025.

- A process that has previously taken hours can now be done in minutes – 92% of Fonterra’s products are totally electronically traceable, on the way to a target of 100% by 2020.

ENVIRONMENT

Fonterra is focused on protecting the environment by improving the health and biodiversity of its land and waters, transitioning to a low-carbon future, improving productivity and minimising waste from farm to consumer.

• The farmers who supply us milk in New Zealand have among the lowest greenhouse gas emissions per litre of milk collected in the world (0.87 per kg CO2-e/kg FPCM).

- Fonterra farmers have fenced 99.6% of permanent waterways and installed bridges or culverts at 99.9% of regular crossings. This major investment by farmers to keep cows out of waterways is now considered complete, although continued investment will be required to maintain the exclusion.

• Since 2003, Fonterra has achieved a 19.3% reduction in energy intensity in New Zealand manufacturing against a target of 20% by 2020.

• At Brightwater, the site’s boiler has been converted to co-fire with wood biomass. The conversion cuts carbon emissions at the site by around 2,400 tonnes a year – roughly the same as taking 530 cars off the road.

- A recent water recycling innovation at Fonterra’s Pahiatua manufacturing site will save about half a million litres of water a day this season.

• 2018 marked the half-way point of Fonterra’s 10-year Living Water partnership with the Department of Conservation focusing on five freshwater catchments. Fonterra has committed to help restore another 50 catchments as part of its ambitious water plan. Working with community stakeholders, these catchments have been identified and action planning is underway.

COMMUNITY

Fonterra is focused on contributing positively to its communities: its farmers, and other people who supply the Co-operative with goods and services, its employees all around the world, and the wider communities in which it operates.

- $10.3 billion was returned to New Zealand farmers for the 2017/18 season.

- Fonterra launched its addressing family violence initiative in New Zealand and Australia.

• FY18 awards included the Deloitte Top 200 Diversity & Inclusion Leadership Award and Top Graduate Employer Award in New Zealand.

- Fonterra halved its gender pay gap in New Zealand from 4% to 2%, against a national average of 9.2%.

- Fonterra Milk for Schools celebrated its fifth year and delivered its 100 millionth portion of milk. It is helping more than 140,000 Kiwi kids every school day.

- The KickStart Start Breakfast programme – which Fonterra delivers in partnership with Sanitarium and the New Zealand Government – grew to 976 breakfast clubs and served more than 125,000 breakfasts every school week.

- 696 community initiatives were supported through the Fonterra Grass Roots Fund in New Zealand, Australia and Sri Lanka.

See more highlights from the report at www.fonterra.com/sustainability

The full report is available at www.fonterra.com/sustainabilityreport2018

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Waste: Government To Regulate Plastic Packaging, Tyres, E-Waste

The Government is stepping up action to deal with environmentally harmful products – including plastic packaging, tyres and e-waste – before they become waste. As part of the wider plan to reduce the amount of rubbish ending up in landfills, ... More>>

ALSO:

Bankers Association: Banking Becomes First Living Wage Accredited Industry

Banking has become New Zealand’s first fully living wage accredited industry, leading to nearly 1800 employees and contractors moving onto the living wage and gaining greater economic independence for them and their families. As of today, all ... More>>

ALSO:

Economy: Funding For 85% Of NZ Not-For-Profit Entities Impacted By COVID-19

Results of a recent Institute of Directors poll show that 85% of board members on not-for-profit organisations say COVID-19 has moderately or significantly affected their funding. The ‘pulse check’ conducted in the first two weeks of July looked ... More>>

Volcano Detection: Eruption Alert System Would Have Given 16 Hours’ Warning At Whakaari

An alert system that could have given 16 hours’ warning of last year’s eruption at Whakaari/White Island is ready for deployment, University of Auckland scientists say, with warning systems for Ruapehu and Tongariro the next priority. ... More>>


Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO:

Stats NZ: Mixed Performance By Regions Leaves National Emissions Picture Unchanged

Approximately two-thirds of New Zealand’s regions recorded decreases in their total greenhouse gas emissions, while one-third of regions saw increases between 2007 and 2018, Stats NZ said today. “While some regions reduced their emissions, ... More>>

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO: