Fonterra Co-operative Group Ltd 2017 AR2
The report highlights Fonterra's performance for the 2016/17 season, marked by a return to a sustainable Farmgate Milk Price of $6.12 per kgMS and a total dividend of 40 cents per share. The company successfully shifted more milk into higher-value products, with Consumer and Foodservice volumes growing by 12% and Advanced Ingredients by 9%. On the sustainability front, Fonterra launched the Dairy for Climate Change Action Plan and announced a commitment to lead the regeneration of 50 freshwater catchments across New Zealand. Additionally, the company improved its workplace safety, reducing its employee injury rate by 19% compared to the previous year.
Company: Fonterra Co-operative Group Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2017
Type: AR2
Pages: 56
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Fonterra Co-operative Group Ltd
Annual Review
The report highlights Fonterra's performance for the 2016/17 season, marked by a return to a sustainable Farmgate Milk Price of $6.12 per kgMS and a total dividend of 40 cents per share. The company successfully shifted more milk into higher-value products, with Consumer and Foodservice volumes growing by 12% and Advanced Ingredients by 9%. On the sustainability front, Fonterra launched the Dairy for Climate Change Action Plan and announced a commitment to lead the regeneration of 50 freshwater catchments across New Zealand. Additionally, the company improved its workplace safety, reducing its employee injury rate by 19% compared to the previous year.
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Document Details
Report Year
2017
Reporting Period
Aug 1, 2016 - Jul 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees