Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
Fonterra has announced $15 million in investments in electrification projects across the North Island over the next 18 months.
The investment will see electric boilers installed at the co-operative’s Whareroa, Edgecumbe, and Waitoa sites, along with further fleet decarbonisation.
The co-operative says this will contribute towards its goal of a 50.4% reduction in Scope 1 & 2 greenhouse gas emissions by 2030 from a 2018 baseline.
Fonterra chief operating officer, Anna Palairet, says the investments mark a significant step for the co-operative’s future operations.
“Last year, we turned off the last coal boiler in the North Island, meaning manufacturing operations in the North Island are now coal-free,” Palairet says.
She says these investments are the next step in creating enduring assets that are fit for the future as Fonterra looks to reduce its reliance on gas.
“Choosing the right energy solutions is about striking a balance between affordability, security of energy supply and reducing our environmental footprint, and the new electric boilers are crucial to navigating this challenge,” Palairet adds.
She says the electrification projects play a significant role in ensuring efficient operations with a reliable energy supply for Fonterra’s manufacturing sites and to support the long-term sustainability of the business.
“It also represents a commitment to our farmer owners that we are building a resilient, future-ready co-operative,” she concludes.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
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