Fonterra's global ranking set to dip
Fonterra has climbed three places to number six on RaboResearch's annual Global Dairy Top 20 report.
French dairy giant Danone says its popular NZ-made infant formula Karicare will become carbon neutral by 2030.
The company says it is working with its New Zealand suppliers and farmers to “foster regenerative agricultural practices and improve soil health, continue to invest in decarbonisation of operations and focus on packaging”.
Karicare carbon emissions associated with operations is a significant area of focus for Danone.
A $30 million biomass boiler to provide renewable heat at its spray drying facility in Balclutha will be operational next year, eliminating around 20,000 tonnes of CO2 emissions per year.
Danone will also move to 100% renewable electricity for all its New Zealand plants next year. It says between the move to renewable energy and biomass-based heating, the total operational CO2 emissions at the Balclutha plant will be reduced by 95%.
It is also working to eliminate unneeded packaging, or design it for recycling, reusing or composting.
Managing director Nutricia Oceania, Rodrigo Lima, says Karicare’s journey to carbon neutrality is greatly aided by its production in New Zealand.
“At Danone, our core belief is that the health of the planet and health of people are interconnected.
“That’s why we’re committed to taking real steps that help us bring our products to market in a way that minimises any impact on climate change, including transitioning production of our milk formula products to practices that are more sustainable.”
Keratin extracted from New Zealand wool could soon find its way into products used to minimise osteoporosis, promote gut health, and other anti-inflammatories, says Keraplast chief executive Howard Moore.
DairyNZ has seen a significant increase in the number of farmers improving their wintering practices, which results in a higher standard of animal care and environmental protection.
Every time people from overseas see photographs of cows up to their hocks in mud it's bad for New Zealand.
An eight million dollar, three year campaign to get wealthy Chinese to buy New Zealand beef and lamb is now underway.
The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.
Reeling from two consecutive years of heavy losses, Alliance says it has appointed Craigs Investment Partners to explore external capital-raising options.
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