Fonterra Co-operative Group Ltd 2020 AR2
The report outlines Fonterra's performance and progress across its three core goals of Healthy People, Healthy Environment, and Healthy Business for the 2020 financial year. Key achievements include a 20% reduction in energy intensity at New Zealand manufacturing sites from a 2003 baseline, and the transition of the Te Awamutu site from coal to wood pellets. Additionally, 34% of supplying farms in New Zealand established Farm Environment Plans, and the company completed farm-specific greenhouse gas reports for all farmer owners. Financially, the co-operative reported a profit after tax of $659 million and reduced its economic net interest-bearing debt by $1.1 billion.
Company: Fonterra Co-operative Group Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2020
Type: AR2
Pages: 93
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Fonterra Co-operative Group Ltd
Annual Report
The report outlines Fonterra's performance and progress across its three core goals of Healthy People, Healthy Environment, and Healthy Business for the 2020 financial year. Key achievements include a 20% reduction in energy intensity at New Zealand manufacturing sites from a 2003 baseline, and the transition of the Te Awamutu site from coal to wood pellets. Additionally, 34% of supplying farms in New Zealand established Farm Environment Plans, and the company completed farm-specific greenhouse gas reports for all farmer owners. Financially, the co-operative reported a profit after tax of $659 million and reduced its economic net interest-bearing debt by $1.1 billion.
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Document Details
Report Year
2020
Reporting Period
Aug 1, 2019 - Jul 31, 2020
Fiscal Year
2020
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
Women on Board
Women in Management
Workplace Fatalities
Employees