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.
+19 vs industry average
Fonterra’s score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Dairy Processing is among the most carbon-intensive industries
Industry performance
The Dairy Processing industry has increased its overall emissions by 34% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fonterra's reported carbon emissions
In 2023, Fonterra Co-operative Group Limited reported total carbon emissions of approximately 25.8 billion kg CO2e. This figure includes Scope 1 emissions of about 1.35 billion kg CO2e, Scope 2 emissions of approximately 500 million kg CO2e, and Scope 3 emissions amounting to about 23.98 billion kg CO2e. The company 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, Fonterra is committed to ensuring that 70% of its suppliers by emissions will have science-based targets by 2024. Fonterra's long-term goal includes achieving net zero emissions by 2050. The company is currently ahead of schedule in its reduction efforts, having recently implemented a co-fired boiler conversion project that is expected to reduce carbon dioxide emissions by about 2,400 tonnes, equivalent to removing approximately 530 cars from the road. These initiatives reflect Fonterra's commitment to sustainability and its proactive approach to addressing climate change within the food and beverage processing sector.
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Fonterra’s Climate Goals (2030 & 2050)
3 goals2030
30% reduction in Scope 2
Reduction in absolute manufacturing emissions 1 30% reduction by 2030 from FY15 baseline (Global)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Fonterra
Frequently asked questions
Common questions about Fonterra’s sustainability data and climate commitments
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