Fonterra Co-Operative Group Ltd

Common Name
Fonterra Co-Operative Group
Country
New Zealand
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
16,441
Ticker
FCG
Exchange
NZX
Description
Fonterra Cooperative Group Limited is a prominent New Zealand-based multinational dairy cooperative. As the largest exporter of dairy products globally, Fonterra plays a crucial role in the agricultur...

Fonterra Co-Operative Group's Climate Target Data Preview

As of 2023, Fonterra Co-Operative Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Fonterra Co-Operative Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 1 - Total, Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Milk Processed/Derived
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Fonterra Co-Operative Group’s Climate Targets Data

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a. Fonterra Co-Operative Group's Financial & Extra-Financial Disclosure 2023
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Insights into Fonterra Co-Operative Group's Greenhouse Gas Emissions Pathways

As of 2023, Fonterra Co-Operative Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

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