Fonterra’s Sustainability report is, in my view, one of the most comprehensive and meaningful reports ever produced on sustainability by an agricultural co-operative globally.
Published earlier this week, the report considers the total environmental impact of this leading co-operative’s business locally and globally, and links in well to the United Nations’ 17 Sustainable Development Goals.
I also post a brief message from Fonterra’s CEO, Theo Spierings, in relation to this report.
CEO, Cooperative Business NZ
15th December 2017
Message from Fonterra’s CEO, Theo Spierings, 13th December 2017:
I am writing to you to share a proud milestone for Fonterra.
We have released our first Sustainability Report that shares our environmental, social and economic performance.
The report is compiled to global best practice using the Group Reporting Initiative (GRI) framework and has also been independently assured. Around one third of New Zealand’s Top 100 companies use a framework like GRI but a smaller number than that have it independently assured. The result is an objective view of how we operate.
Sustainability is core to our strategy and over the last year we have extended our strategic planning horizons considering longer-term global trends and prioritising the areas where we can contribute to our communities.
The report shows what we’ve done well and what we can do better, set out against our commitments and targets. Some findings include:
* New Zealand has among the lowest greenhouse gas emissions per litre of milk collected in the world (0.85 per kgCO2/kgFPCM).
* 95% of supplying farms in New Zealand are participating in nutrient management reporting and benchmarking.
* 98.4% of waterways on supplying farms in New Zealand are fenced to keep cows out of waterways.
* Fonterra’s global Food and Nutrition Guidelines were endorsed by the New Zealand Nutrition Foundation.
* More than 140,000 Kiwi kids get a free 200ml serving of milk each school day. One university study published in 2017 showed significantly improved bone health in children who were part of the Milk for Schools programme compared to students who were not.
We have more work to do and are committed to doing it.