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 51 is higher than 75% 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 reported total carbon emissions of approximately 25,823,000,000 kg CO2e, with Scope 1 emissions at about 1,347,000,000 kg CO2e, Scope 2 emissions at around 500,000,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 23,976,000,000 kg CO2e. This represents a slight decrease from 2022, where total emissions were about 26,164,000,000 kg CO2e. Fonterra has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company plans to achieve a 30% reduction in Scope 1 and Scope 2 emissions from 2020 levels by 2030. This commitment is part of a broader strategy that includes reducing absolute Scope 1 and 2 GHG emissions by 50.4% by FY2030 from a FY2018 baseline. Furthermore, Fonterra is targeting a 30% reduction in Scope 1 and 3 emissions from dairy per tonne of fat-and-protein-corrected milk by FY2030. Fonterra's initiatives also include ensuring that 70% of its suppliers by emissions will have science-based targets by 2024, reinforcing its commitment to sustainable practices across its supply chain. The company is actively working towards these goals to align with global climate standards and contribute to a more sustainable future.
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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.
