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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 48 is higher than 72% 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 carbon emissions of approximately 25,823,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,347,000,000 kg CO2e, Scope 2 emissions of approximately 500,000,000 kg CO2e, and significant Scope 3 emissions amounting to about 23,976,000,000 kg CO2e. The Scope 3 emissions primarily stem from purchased goods and services, which account for about 23,534,000,000 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. This target is part of their Science-Based Targets initiative (SBTi) commitments, which also include ensuring that 70% of their suppliers by emissions will have science-based targets by 2024. Additionally, Fonterra aims for a more aggressive reduction of 50.4% in Scope 1 and 2 emissions by FY2030, with a specific focus on reducing Scope 1 and 3 emissions from dairy by 30% per tonne of fat-and-protein-corrected milk by the same year. Fonterra's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from their own disclosures. The company is headquartered in New Zealand and operates within the food and beverage processing sector, actively working towards sustainability and reduced environmental impact.
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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.
