Fonterra appoints new CFO
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
Sustainability is not a fad and won't go away, says retiring Fonterra Co-operative Council member Mike Montgomerie.
He says sustainability will be an enduring feature of farming.
He says Fonterra is moving in the right direction when it comes to improving its environmental footprint right across its business.
Montgomerie believes farmers are also doing their fair share but admits that methane emissions are a hard nut to crack.
He hopes that some technological solutions will come to farmers' aid so that they can have a commercially viable, cost-effective way of reducing emissions.
"It will be brilliant for dairy farming. I understand there's no silver bullet but once our emissions start heading in the right direction, it will provide a lot of comfort for NZ farming families, Fonterra and the banks."
He believes sustainability is crucial to maintain Fonterra's international markets.
"The sustainability piece is most important because of the rise in alternative proteins. If you don't crack the methane emissions issues and you are up against alternatives who don't have the same problems, it is going to be trouble for us."
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.