Fonterra Co-operative Group Ltd 2016 AR2
The report details Fonterra's financial and sustainability performance for the 2015/16 financial year. Despite low global dairy prices, the company achieved a record net profit after tax of NZD 834 million and increased its return on capital to 12.4%. In sustainability, Fonterra made significant progress, with 97.4% of defined waterways on mapped farms fenced to exclude stock. The company also achieved a 21% reduction in employee injury rates, reaching its lowest recorded level. Additionally, Fonterra reduced its manufacturing greenhouse gas emission intensity by 3.1% and increased its use of rail transport, saving an estimated 25,000 tonnes of CO2 equivalent.
Company: Fonterra Co-operative Group Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2016
Type: AR2
Pages: 104
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Fonterra Co-operative Group Ltd
Annual Review
The report details Fonterra's financial and sustainability performance for the 2015/16 financial year. Despite low global dairy prices, the company achieved a record net profit after tax of NZD 834 million and increased its return on capital to 12.4%. In sustainability, Fonterra made significant progress, with 97.4% of defined waterways on mapped farms fenced to exclude stock. The company also achieved a 21% reduction in employee injury rates, reaching its lowest recorded level. Additionally, Fonterra reduced its manufacturing greenhouse gas emission intensity by 3.1% and increased its use of rail transport, saving an estimated 25,000 tonnes of CO2 equivalent.
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Document Details
Report Year
2016
Reporting Period
Aug 1, 2015 - Jul 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees