Fonterra
Fonterra Co-operative Group Limited, commonly known as Fonterra, is a leading dairy nutrition company headquartered in New Zealand. Established in 2001, Fonterra has grown to become a significant player in the global dairy industry, with major operations across Australia, Asia, and the Americas. The company focuses on producing high-quality dairy products, including milk powders, cheese, and butter, which are renowned for their nutritional value and sustainability. Fonterra's commitment to innovation and quality has positioned it as a trusted supplier in the market, serving both consumer and food service sectors. With a strong emphasis on sustainability and community engagement, Fonterra has achieved notable milestones, including being one of the largest exporters of dairy products worldwide. Its dedication to excellence continues to drive its success in the competitive dairy landscape.
DitchCarbon Score
How does Fonterra's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Dairy Processing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fonterra's score of 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fonterra's reported carbon emissions
In 2023, Fonterra Co-operative Group Limited reported total greenhouse gas emissions of approximately 25,823,000,000 kg CO2e globally. This includes Scope 1 emissions of about 1,347,000,000 kg CO2e, Scope 2 emissions of around 500,000,000 kg CO2e, and significant Scope 3 emissions totalling approximately 23,976,000,000 kg CO2e. Fonterra has set ambitious climate commitments, aiming for a 30% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030 from a FY2018 baseline. Additionally, they are targeting a 30% reduction in Scope 1 and 3 emissions per tonne of fat-and-protein-corrected milk by FY2030. Furthermore, Fonterra commits that 70% of its suppliers by emissions will have science-based targets by 2024, and 78.2% of suppliers and customers will have such targets by FY2028. These initiatives reflect Fonterra's commitment to sustainability and reducing its carbon footprint, aligning with global climate goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,726,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 701,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 24,440,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fonterra is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
