Livestock Improvement Corp. Ltd. 2022 SR
The report highlights LIC's progress toward its goal of becoming carbon neutral by 2050 and its role in reducing the environmental footprint of New Zealand's national dairy herd. Key achievements include a 16.3% reduction in total CO2 emissions since the 2018/19 base year and significant investments in methane research and genomic science. The company reported record milk production per cow despite a decreasing national herd size. Financially, LIC delivered strong results with a 15.3% increase in underlying earnings and a $26.2 million dividend. The report also emphasizes social sustainability, noting its highest-ever Organisational Health Index score of 75 and a decrease in workplace incident rates.
Company: Livestock Improvement Corp. Ltd.
Sector: Agriculture, forestry & fishing
Country: New Zealand
Year: 2022
Type: SR
Pages: 70
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Livestock Improvement Corp. Ltd.
Sustainability Report
The report highlights LIC's progress toward its goal of becoming carbon neutral by 2050 and its role in reducing the environmental footprint of New Zealand's national dairy herd. Key achievements include a 16.3% reduction in total CO2 emissions since the 2018/19 base year and significant investments in methane research and genomic science. The company reported record milk production per cow despite a decreasing national herd size. Financially, LIC delivered strong results with a 15.3% increase in underlying earnings and a $26.2 million dividend. The report also emphasizes social sustainability, noting its highest-ever Organisational Health Index score of 75 and a decrease in workplace incident rates.
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Document Details
Report Year
2022
Reporting Period
Jun 1, 2021 - May 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees