Fonterra Co-operative Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021, 2020, 2017 (FY17), 1 August 2016 – 31 July 2017; On-farm GHG emissions: 2015-16 milking season, 1 June 2015 – 31 May 2016

In its 2022 reporting, Fonterra Co-operative Group Limited disclosed greenhouse gas emissions of 24.5M tCO2e/year. By scope: Scope 1: 1.4M tCO2e/year; Scope 2: 565.0K tCO2e/year; Scope 3: 22.5M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
24.5M tCO2e/year
2022
⚡
Renewable Energy
15% of total energy use in manufacturing
of total energy
♻️
Waste
12.0K tons/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.4M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.565.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).22.5M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202224.5M tCO2e/year
202124.1M tCO2e/year
202022.4M tCO2e (Scope 12 & 3)
2017 (FY17), 1 August 2016 – 31 July 2017; On-farm GHG emissions: 2015-16 milking season, 1 June 2015 – 31 May 201622.2M tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 15% by 2030 (from 2018 baseline)
  • Achieve 100% Farm Environment Plans on NZ farms by 2025
  • Achieve greater than 95% recycle-ready packaging by the end of 2025

📅 Medium-term

  • 30% reduction in absolute Scope 1 & 2 GHG emissions by 2030 (from FY18 baseline)
  • Transition the nine sites that still use coal to renewable energy by 2037, with the majority transitioned by 2030
  • At least 80% of manufacturing sites treating wastewater to leading standards by 2030

🔭 Long-term

  • Net zero GHG emissions future for dairy nutrition

🌱 ESG Focus Areas

People and CultureNatureWorking TogetherFinancialIntellectual CapitalAssets and Infrastructure

⚠️ Challenges & Risks +

  • Total recordable injury rate increased
  • EBIT from New Zealand value-add business did not meet original timeline
  • Global context of widespread inflation, supply chain disruptions, geopolitical and economic challenges in Sri Lanka, and the war in Ukraine

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards: Core option
Assurance: Bureau Veritas