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 48 is higher than 74% 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 around 500,000,000 kg CO2e, and significant Scope 3 emissions totalling approximately 23,976,000,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 30% reduction in absolute Scope 1 and 2 emissions by FY2030 from a FY2018 baseline. Additionally, Fonterra aims for 70% of its suppliers, based on emissions from purchased goods and services, to have science-based targets by 2024. Fonterra's long-term strategy includes a more aggressive target of a 50.4% reduction in absolute Scope 1 and 2 emissions by FY2030, alongside a commitment to reduce Scope 1 and 3 emissions from dairy by 30% per tonne of fat-and-protein-corrected milk by the same year. The company also pledges to eliminate deforestation across its primary deforestation-linked commodities by 31st December 2025. These commitments reflect Fonterra's dedication to sustainability and its alignment with global climate goals, ensuring that its operations contribute to a more sustainable future while addressing the challenges posed by climate change.
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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.
