Fonterra

World’s largest dedicated cheese factory has switched to 100% renewable energy.

Since last major market downturn in mid-August, GDT index has risen 30%.

Co-op announces plans for electrode boiler at Southland plant.

Allan Barber takes an overview of the industry’s biggest co-op, 23 years after its formation.

Site cuts coal use in half with new wood biomass boiler.

Independent director to exit as other commitments mount up.

‘Whole process of farmer remits needs examination,’ Northland farmer says.

Unitholders congratulate Fonterra senior management on the 2023 results.

Dairy giant could teach levy bodies and thing or two, says Alan Emerson.

But perhaps re-think ‘Scope 3’ as a name for 2030 goals, says farmer.

Although a 30% reduction in the next seven years will undoubtedly be challenging, Federated Farmers says it’s really important to look at how that target is broken down and how Fonterra plan to work with farmers to achieve it.

Move supports Nestlé’s own ambition to reduce GHG throughout value chain.

Co-op hopes to cut ‘emissions intensity’ by 30% less than 2018 levels within the next six years.

Farmer out to ‘highlight serious disconnect between farmers and the board’.

End of chapter leaves co-op free to ‘focus on our New Zealand milk pool’.

CPA will be out by the end of the week, nine months after taking co-op finance job.

Fonterra Responsible Dairying Award open to those who supply any of the dairy companies.

Co-op predicts supply will sit ‘slightly below’ last season.

Partnership aims to showcase best sustainable dairy production systems.

Approval of 50% still needed to confirm seats on the board.

The target, once it is revealed, will be based around emissions intensity and efficiencies.

Not every division shone in co-op’s stellar annual results.

Momentum continues from spectacular annual results.

Financial woes on farm in contrast to stellar annual results.

After-tax profit of $1.6 billion, up 170% on year before.

Fonterra chair Peter McBride addresses what he calls ‘spurious suggestions’ that the co-op might fall victim to a corporate takeover.

Full-year dividend of 50 cents per share on its way.

Shareholders to vote on cutting two seats.

The milk price target of $6.50-$7.50/kg now looks to be hollow, under-cooked and unwelcome, writes Hugh Stringleman.

China not the key driver as buyers from southeast Asia/Oceania step up.

Whole milk powder and skim milk powder volumes shifted from core event to GDT pulse auctions.

Hindsight is wonderful, but at the same time we have to put our best foot forward, says CEO.

Last of the milk powder duties fall away under China FTA on January 1.

Midpoint drops below $7 in wake of GDT nosedive.

Co-op expects to pay healthy full-year dividend in October.

Cut in farmgate price will hurt farmers and economy.