Fonterra new zealand
Fonterra is a New Zealand-based multinational dairy co-operative that is one of the largest dairy companies in the world. Here are some key facts about Fonterra:
History: Fonterra was formed in 2001 through the merger of New Zealand's two largest dairy co-operatives, Kiwi Co-operative Dairies and New Zealand Dairy Group.
Operations: Fonterra operates in over 30 countries and has a global workforce of around 20,000 people. Its operations include:
- Milk collection and processing: Fonterra collects milk from over 10,000 dairy farmers in New Zealand and processes it into a range of dairy products.
- Cheese and whey production: Fonterra produces a range of cheese and whey products, including cheddar, mozzarella, and whey protein powder.
- Infant nutrition: Fonterra is a major supplier of infant formula and other infant nutrition products.
- Consumer dairy products: Fonterra produces a range of consumer dairy products, including milk, yogurt, and butter.
Products: Fonterra's product portfolio includes:
- Anchor milk and dairy products
- Mainland cheese and butter
- Kapiti ice cream
- Anmum infant formula
- Nutren infant formula
- Fonterra's own-brand dairy products
Awards and recognition: Fonterra has received numerous awards and recognition for its products and sustainability initiatives, including:
- Winner of the 2020 New Zealand Dairy Industry Awards
- Winner of the 2019 Sustainable Business Awards
- Winner of the 2018 Fonterra Farm Source Awards
Sustainability: Fonterra has a strong focus on sustainability and has set targets to reduce its environmental impact, including:
- Reducing greenhouse gas emissions by 30% by 2030
- Reducing water usage by 20% by 2025
- Reducing waste sent to landfill by 50% by 2025
Financials: Fonterra is a publicly listed company and is one of the largest companies on the New Zealand Stock Exchange. Its annual revenue is around NZD $20 billion (approximately USD $13 billion).
Overall, Fonterra is a significant player in the global dairy industry and is known for its high-quality dairy products and commitment to sustainability.