Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Fonterra Australia is lifting its decarbonisation ambition with a new Scope 1 and 2 emissions reduction target.
After previously committing to a 30% carbon emissions reduction by 2030, last month that target was increased to 50% carbon emission reduction by 2030.
Speaking of the commitment, Jack Holden, general manager sustainability, Fonterra Global Markets, says that Fonterra Australia had made great progress towards the 30% reduction target previously set, and it was a good time to lift its ambition.
"In Australia, Fonterra reached a 30% reduction in carbon emissions in FY22, and we are on track to hold this performance for FY23. We have great confidence in our ability to reduce our carbon emissions further and have increased our target to a 50% reduction by 2030," Holden says.
Fonterra Australia remains committed to making a positive, sustainable difference to reducing its impact on climate change, he adds.
"We know we have more to do to decarbonise our business and delivering on our targets. This will make us a stronger business and it is consistent with what customers are asking of us," Holden says.
Fonterra is using the Science Based Target Initiative (SBTI) as the framework to set its emission reduction targets. Fonterra Australia is also supportive of the Australian Dairy Industry Framework's overall target of 30% intensity reduction by 2030 across the whole supply chain of farms and factories.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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