Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Greenpeace activists stacked flood-damaged furniture and personal item outside Fonterra's offices today. Photo Credit: Greenpeace
As Fonterra revealed its interim results for 2023 this morning, two Greenpeace activists were arrested in a protest outside the co-operative’s Auckland offices.
The protestors had set up piles of flood-damaged furniture and personal effects outside the co-operative’s offices on Fanshawe St, pasting stickers labelling the company ‘Floodterra’ to its windows along with cardboard floodwater.
Fonterra chief executive Miles Hurrell says the protest caused no disruption at the co-op headoffice.
“People are allowed to express their views at any time,” he says.
The protest comes mere weeks after Cyclone Gabrielle made landfall in New Zealand. At that time, Nick Young, Greenpeace Aotearoa’s head of communications, laid claim that the storm had been caused by the dairy industry.
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Two protestors were arrested outside Fonterra's Auckland offices. Photo Credit: Greenpeace |
The climate activist organisation has long been at odds with the co-operative, and the dairy sector as a whole, arguing for a move away from synthetic nitrogen fertiliser and towards regenerative agriculture.
They say the Government needs to do more to regulate the industry, a move the charity claims would protect New Zealanders from flooding, storms, and cyclones.
“While many communities are carrying the cost of climate driven storms, Fonterra… is reaping the profits,” says Greenpeace Aotearoa climate campaigner Christine Rose.
“Everyone deserves to live in a flourishing environment with a safe and stable climate, but big dairy’s greenhouse gas emissions are putting everything we know and love at risk,” she says.
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Protestors stickered Fonterra's offices with stickers that read 'Floodterra'. Photo Credit: Greenpeace |
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand

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