Fonterra Co-operative Group Ltd 2013 AR2
The report outlines Fonterra's business performance and sustainability initiatives for the fiscal year ended July 31, 2013. Despite facing a severe drought in New Zealand and a precautionary product recall, the co-operative achieved a net profit after tax of $736 million, an 18 percent increase from the previous year. Key sustainability highlights include the reduction of on-farm greenhouse gas emissions intensity, a 30 percent decrease in the Total Recordable Injury Frequency Rate, and the national rollout of the Fonterra Milk for Schools programme. Additionally, the company launched its new capital structure under Trading Among Farmers to eliminate redemption risk and secure permanent capital.
Company: Fonterra Co-operative Group Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2013
Type: AR2
Pages: 88
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Fonterra Co-operative Group Ltd
Annual Review
The report outlines Fonterra's business performance and sustainability initiatives for the fiscal year ended July 31, 2013. Despite facing a severe drought in New Zealand and a precautionary product recall, the co-operative achieved a net profit after tax of $736 million, an 18 percent increase from the previous year. Key sustainability highlights include the reduction of on-farm greenhouse gas emissions intensity, a 30 percent decrease in the Total Recordable Injury Frequency Rate, and the national rollout of the Fonterra Milk for Schools programme. Additionally, the company launched its new capital structure under Trading Among Farmers to eliminate redemption risk and secure permanent capital.
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Document Details
Report Year
2013
Reporting Period
Aug 1, 2012 - Jul 31, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees