Livestock Improvement Co Ltd 2023 SR
The report for the fiscal year 2023 highlights LIC's progress toward its goal of becoming carbon neutral by 2050, focusing on reducing the environmental footprint of New Zealand's national dairy herd through genomic science and methane research. Key achievements include a 12.7% reduction in total CO2 emissions since 2018/19 and the successful identification of genetic variations in methane emissions among bulls. The company reported a solid financial performance with $276.5 million in revenue and a $23.3 million dividend for shareholders. Socially, LIC achieved its highest-ever Organisational Health Index score of 80 and continued to invest in R&D, totaling $18.6 million for the year.
Company: Livestock Improvement Co Ltd
Sector: Agriculture, forestry & fishing
Country: New Zealand
Year: 2023
Type: SR
Pages: 61
Livestock Improvement Co Ltd
The report for the fiscal year 2023 highlights LIC's progress toward its goal of becoming carbon neutral by 2050, focusing on reducing the environmental footprint of New Zealand's national dairy herd through genomic science and methane research. Key achievements include a 12.7% reduction in total CO2 emissions since 2018/19 and the successful identification of genetic variations in methane emissions among bulls. The company reported a solid financial performance with $276.5 million in revenue and a $23.3 million dividend for shareholders. Socially, LIC achieved its highest-ever Organisational Health Index score of 80 and continued to invest in R&D, totaling $18.6 million for the year.
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Document Details
Report Year
2023
Reporting Period
Jun 1, 2022 - May 31, 2023
Fiscal Year
2023
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