Fonterra Co-Operative Group Ltd

Common Name
Fonterra Co-Operative Group
Country
New Zealand
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
16,215
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 GHG Emissions Data Preview

In 2023, Fonterra Co-Operative Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Fonterra Co-Operative Group has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Fonterra Co-Operative Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Fonterra Co-Operative Group’s data sources below and access millions more through our Disclosure Search.

a. Fonterra Co-Operative Group's Sustainability Report 2023
a. Fonterra Co-Operative Group's Sustainability Report 2023
b. Fonterra Co-Operative Group's Sustainability Report 2022
b. Fonterra Co-Operative Group's Sustainability Report 2022

Insights into Fonterra Co-Operative Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Fonterra Co-Operative Group amounted to 1,847,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Fonterra Co-Operative Group decreased by 4.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Fonterra Co-Operative Group's Scope 1 Emissions Over Time

2018201920202021202220230450 k900 k1.35 M1.8 MtCO2e-1%+1%-10%-12%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Fonterra Co-Operative Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Fonterra Co-Operative Group were 1,347,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Fonterra Co-Operative Group reduced its Scope 1 emissions over time?

Since 2018, Fonterra Co-Operative Group's Scope 1 emissions have decreased by 21.96%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Fonterra Co-Operative Group's Scope 1 emissions decreased by 1.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Fonterra Co-Operative Group's Scope 2 emissions?

In 2023, Fonterra Co-Operative Group reported Scope 2 greenhouse gas (GHG) emissions of 500,000 tCO₂e using the location-based method. a

Has Fonterra Co-Operative Group reduced its Scope 2 emissions over time?

Since 2018, Fonterra Co-Operative Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 28.67%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Fonterra Co-Operative Group's Scope 2 emissions (Location-Based) fell by 11.5% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Fonterra Co-Operative Group use for Scope 2 reporting?

In 2023, Fonterra Co-Operative Group reported its Scope 2 emissions using the location-based method. a

Fonterra Co-Operative Group's Scope 2 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based

Insights into Fonterra Co-Operative Group's Value Chain Emissions

In 2023, Fonterra Co-Operative Group reported 23,976,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Fonterra Co-Operative Group includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Fonterra Co-Operative Group's Scope 3 Emissions Over Time

20182019202020212022202306.5 M13 M19.5 M26 MtCO2e-3%+5%-1%-3%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Fonterra Co-Operative Group's Scope 3 emissions?

In 2023, Fonterra Co-Operative Group reported total Scope 3 emissions of 23,976,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Fonterra Co-Operative Group reduced its Scope 3 emissions over time?

Since 2018, Fonterra Co-Operative Group's Scope 3 emissions have remained relatively stable, indicating that Fonterra Co-Operative Group 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2022), Fonterra Co-Operative Group's Scope 3 emissions remained relatively stable, indicating that Fonterra Co-Operative Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Fonterra Co-Operative Group disclose?

In 2023, Fonterra Co-Operative Group reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Fonterra Co-Operative Group's Scope 3 emissions?

In 2023, the largest contributors to Fonterra Co-Operative Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 23,534,000 tCO₂e (98.16%)
  • Upstream Transportation and Distribution (Cat. 4): 292,000 tCO₂e (1.22%)
  • Fuel- and Energy-Related Services (Cat. 3): 143,000 tCO₂e (0.6%)

Fonterra Co-Operative Group's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.2%)Purchased Goods andServices (Cat. 1)(98.2%)

Insights into Fonterra Co-Operative Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Fonterra Co-Operative Group reported Scope 1 greenhouse gas (GHG) emissions of 1,347,000 tCO₂e and total revenues of USD 15,262 millions. This translates into an emissions intensity of 88.26 tCO₂e per millions USD. a

Fonterra Co-Operative Group's Scope 1 Emissions Intensity Compared to Peers

2,00020,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)2002,00010,000100,000500,000Revenues (Millions of USD)KMAItoham Yonekyu HoldingsYear: 2023Scope 1: 200,000 tCO2eRevenue: $M 6,927Scope 1 Intensity: 28.87 tCO2e/$MKKKellanovaYear: 2024Scope 1: 347,232 tCO2eRevenue: $M 12,749Scope 1 Intensity: 27.24 tCO2e/$MSavenciaYear: 2024Scope 1: 335,624 tCO2eRevenue: $M 7,430Scope 1 Intensity: 45.17 tCO2e/$MGrumaYear: 2023Scope 1: 675,795 tCO2eRevenue: $M 6,576Scope 1 Intensity: 102.76 tCO2e/$MAjinomotoYear: 2024Scope 1: 675,022 tCO2eRevenue: $M 9,504Scope 1 Intensity: 71.03 tCO2e/$MSavola GroupYear: 2024Scope 1: 56,788 tCO2eRevenue: $M 6,386Scope 1 Intensity: 8.89 tCO2e/$MMMMaster KongYear: 2024Scope 1: 160,500 tCO2eRevenue: $M 12,037Scope 1 Intensity: 13.33 tCO2e/$MA2 MilkYear: 2024Scope 1: 13,412 tCO2eRevenue: $M 1,019Scope 1 Intensity: 13.16 tCO2e/$MKerry GroupYear: 2024Scope 1: 433,600 tCO2eRevenue: $M 7,211Scope 1 Intensity: 60.13 tCO2e/$MYamazaki BakingYear: 2023Scope 1: 382,000 tCO2eRevenue: $M 8,312Scope 1 Intensity: 45.96 tCO2e/$MShuanghuiYear: 2023Scope 1: 443,838 tCO2eRevenue: $M 8,456Scope 1 Intensity: 52.49 tCO2e/$MCampbell'sYear: 2024Scope 1: 465,711 tCO2eRevenue: $M 9,636Scope 1 Intensity: 48.33 tCO2e/$MBell Food GroupYear: 2022Scope 1: 40,138 tCO2eRevenue: $M 4,668Scope 1 Intensity: 8.60 tCO2e/$MNissin Foods HoldingsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 4,840Scope 1 Intensity: 59.30 tCO2e/$MFirst PacificYear: 2023Scope 1: 11,787,751 tCO2eRevenue: $M 81,990Scope 1 Intensity: 143.77 tCO2e/$MNisshin Seifun GroupYear: 2025Scope 1: 149,000 tCO2eRevenue: $M 5,678Scope 1 Intensity: 26.24 tCO2e/$MAAAWL Agri BusinessYear: 2025Scope 1: 523,942 tCO2eRevenue: $M 7,440Scope 1 Intensity: 70.42 tCO2e/$MFlowers FoodsYear: 2023Scope 1: 158,322 tCO2eRevenue: $M 5,091Scope 1 Intensity: 31.10 tCO2e/$MPremium Brands HoldingsYear: 2023Scope 1: 64,967 tCO2eRevenue: $M 4,729Scope 1 Intensity: 13.74 tCO2e/$MEmmiYear: 2024Scope 1: 104,320 tCO2eRevenue: $M 4,802Scope 1 Intensity: 21.72 tCO2e/$MAlfaYear: 2024Scope 1: 1,200,000 tCO2eRevenue: $M 7,875Scope 1 Intensity: 152.38 tCO2e/$MNH FoodsYear: 2024Scope 1: 437,000 tCO2eRevenue: $M 8,607Scope 1 Intensity: 50.77 tCO2e/$MGrupo BimboYear: 2024Scope 1: 1,142,350 tCO2eRevenue: $M 19,699Scope 1 Intensity: 57.99 tCO2e/$MMarfrig Global FoodsYear: 2024Scope 1: 300,755 tCO2eRevenue: $M 24,096Scope 1 Intensity: 12.48 tCO2e/$MWH GroupYear: 2024Scope 1: 3,167,092 tCO2eRevenue: $M 202,795Scope 1 Intensity: 15.62 tCO2e/$MFonterra Co-Operative GroupYear: 2023Scope 1: 1,347,000 tCO2eRevenue: $M 15,262Scope 1 Intensity: 88.26 tCO2e/$M

How does Fonterra Co-Operative Group's GHG emissions intensity compare to its peers?

In 2023, Fonterra Co-Operative Group reported a Scope 1 emissions intensity of 88.26 tCO₂e per millions USD. Compared to the peer group median of 45.17 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Fonterra Co-Operative Group rank on GHG emissions intensity within its industry?

In 2023, Fonterra Co-Operative Group ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Fonterra Co-Operative Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Fonterra Co-Operative Group's Total Carbon Footprint

In 2023, Fonterra Co-Operative Group reported a total carbon footprint of 25,823,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.3% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Fonterra Co-Operative Group's total carbon footprint was Scope 3 emissions, accounting for 92.85% of the company's total carbon footprint, followed by Scope 1 emissions at 5.22%. a

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