Started the journey
Started the journey
Fonterra publicly discloses detailed commitments across all three dimensions, with environment being the most comprehensive, and overall shows awareness of its role and responsibility as a market leader in the dairy industry. It has a commitment to protect terrestrial natural habitat, not only for its New Zealand-based farms but also in its supply chain through sustainable sourcing of palm products. The company has also set commitments for reducing its plastic usage and protecting animal welfare, with regular metric-based reporting on both topics. While Fonterra discloses data on its scope 1, 2 and 3 GHG emissions, it has only set associated targets that cover its own operations. In the nutrition dimension, the company shows strong commitment to and reporting on food safety, as well as improving the proportion of its product portfolio that meets commercial nutritional guidelines against a time-bound target of 100% by 2025. The company has additionally made commitments to or released metrics on a number of other topics, including responsible marketing, protein diversification and developing programmes to provide healthy dairy products to schoolchildren, although it lacks commitments towards workforce nutrition. With regard to social inclusion, Fonterra has committed to the health and safety of its own employees and workers in its supply chain. The company is committed to eliminating child and forced labour in its supply chain but does not disclose evidence of the processes in place to evaluate these risks. Fonterra has also facilitated smallholder access to markets through its Fixed Milk Price plan, which helps farmers limit risks from global price variations. However, the company does not commit to paying a living wage in either its own operations or supply chain.
The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.
There are currently no benchmarks for this company Return to companies list