Synlait Sustainability Profile
Synlait Milk Limited, commonly known as Synlait, is a prominent player in the dairy industry, headquartered in New Zealand. Founded in 2000, the company has established itself as a leader in the production of high-quality milk and nutritional products, primarily serving both domestic and international markets. With major operations in the Canterbury region, Synlait focuses on innovative dairy solutions, including infant formula, nutritional powders, and specialised milk products. Their commitment to sustainability and quality sets them apart, as they utilise advanced technology and rigorous quality control measures to ensure premium offerings. Recognised for its strong market position, Synlait has achieved significant milestones, including partnerships with global brands and a reputation for excellence in product development. As a forward-thinking company, Synlait continues to drive growth and innovation within the dairy sector.
DitchCarbon Score
How does Synlait'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 Food Product Manufacturing 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
Synlait's score of 44 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Synlait's reported carbon emissions
In 2023, Synlait Milk Limited reported total carbon emissions of approximately 1,154,034,000 kg CO2e. This figure includes 112,708,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 7,751,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 1,033,575,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, such as purchased goods and services. Synlait has set ambitious climate commitments, aiming for a 45% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2028, using FY2020 as the baseline. Additionally, they plan to reduce Scope 3 emissions from on-farm purchased goods and services by 30% per kg of milk solids within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The company is also transitioning to renewable energy sources, with plans to exclusively burn biomass in their Boiler Two by 2026. This initiative is part of their broader strategy to enhance sustainability and reduce their carbon footprint. Overall, Synlait's commitment to reducing emissions reflects a proactive approach to climate change, positioning them as a responsible player in the food and beverage processing sector in New Zealand.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 114,589,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 6,923,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 798,988,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is Synlait's Industry?
How Carbon Intensive is Synlait's Location?
Synlait's Scope 3 Categories Breakdown
Synlait's Scope 3 emissions, which increased by 8% last year and increased by approximately 29% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 94% of Scope 3 emissions.
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Synlait's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Synlait has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
