Fonterra Co-operative Group Ltd 2022 SR
The report highlights Fonterra's progress in its sustainability strategy, focusing on people, nature, and relationships. Key achievements in FY22 include an 11.2% reduction in Scope 1 and 2 GHG emissions from a 2018 baseline and 71% of New Zealand supplying farms having a Farm Environment Plan. The company also improved the nutritional profile of 87.7% of its everyday products and increased female representation in senior leadership to 34.8%. Despite challenges like global inflation and supply chain disruptions, Fonterra returned $13.7 billion to the New Zealand economy through milk price payments. The report also details ongoing research into methane reduction technologies like Kowbucha and partnerships for precision nutrition.
Company: Fonterra Co-operative Group Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2022
Type: SR
Pages: 90
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Fonterra Co-operative Group Ltd
Sustainability Report
The report highlights Fonterra's progress in its sustainability strategy, focusing on people, nature, and relationships. Key achievements in FY22 include an 11.2% reduction in Scope 1 and 2 GHG emissions from a 2018 baseline and 71% of New Zealand supplying farms having a Farm Environment Plan. The company also improved the nutritional profile of 87.7% of its everyday products and increased female representation in senior leadership to 34.8%. Despite challenges like global inflation and supply chain disruptions, Fonterra returned $13.7 billion to the New Zealand economy through milk price payments. The report also details ongoing research into methane reduction technologies like Kowbucha and partnerships for precision nutrition.
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Document Details
Report Year
2022
Reporting Period
Aug 1, 2021 - Jul 31, 2022
Fiscal Year
2022
Published
Sep 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees