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 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 carbon emissions of approximately 25,823,000,000 kg CO2e. This 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 of around 23,976,000,000 kg CO2e, primarily from purchased goods and services. 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 absolute Scope 1 and Scope 2 emissions from 2020 levels by 2030. This commitment is part of a broader strategy that includes reducing Scope 1 and 3 emissions from dairy by 30% per tonne of fat-and-protein-corrected milk by FY2030, using FY2018 as a baseline. Fonterra also aims for 70% of its suppliers, based on emissions from purchased goods and services, to have science-based targets by 2024. The company is committed to no deforestation across its primary deforestation-linked commodities by the end of 2025. These initiatives reflect Fonterra's dedication to sustainability and its role in addressing climate change within the food and beverage processing sector.
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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.
