Fonterra: New Zealand's Dairy Powerhouse Under Scrutiny
Company Overview
Fonterra is New Zealand's largest dairy cooperative and a key player in the global dairy industry. Known for its substantial contribution to New Zealand's economy, Fonterra operates with a vast global supply chain, providing dairy products to numerous countries worldwide.
Location
The headquarters of Fonterra is located in Auckland, New Zealand. The cooperative manages several facilities and factories across the country, ensuring a strong domestic and international presence in the dairy market.
Financial Indicators
While specific financial figures are not provided, Fonterra's significant influence in the global dairy market underscores its economic impact. The cooperative's extensive operations and international reach contribute substantially to New Zealand's GDP.
Important Events
Recently, Fonterra has been at the center of controversy following accusations from Greenpeace Aotearoa. The environmental organization has accused Fonterra of using palm kernel expeller (PKE) linked to illegal deforestation in Indonesia. These allegations have raised concerns about the environmental impact of Fonterra's supply chain practices.
In addition, Greenpeace Aotearoa has filed a lawsuit against Fonterra for allegedly misleading environmental claims, particularly regarding its promotion of butter as "100% New Zealand grass-fed" while incorporating imported palm kernel.
Future Plans
In response to growing environmental concerns, Greenpeace Aotearoa is advocating for Fonterra to reassess its supply chain operations and enhance transparency. The organization is calling for more sustainable sourcing practices to mitigate environmental harm.
Looking ahead, Greenpeace Aotearoa plans to intensify efforts to promote sustainable practices within the dairy industry. Recent actions, such as disrupting the unloading of 30,000 tonnes of palm kernel from Indonesia, highlight their commitment to combating unsustainable practices.
Modified: 2025/05/17