Fonterra has issued a warning to farmers that they may have to meet sustainability expectations unless they want to face trade barriers and potentially lose customers.

Fonterra Chair Peter McBride and chief executive Miles Hurrell announced at the annual meeting in Rotorua that they would need to set (and stay within) targets for Scope 3 carbon emissions.

The Country's Jamie Mackay explained that because Fonterra works with farmers to create their products, the affiliated farmers would also be affected by these emissions regulations. 

Jamie Mackay also observed that sustainability is very important to consumers, so farmers would need to take emissions regulations seriously. 

LISTEN ABOVE

Fonterra has issued a warning to farmers that they may have to meet sustainability expectations unless they want to face trade barriers and potentially lose customers.
Fonterra Chair Peter McBride and chief executive Miles Hurrell announced at the annual meeting in Rotorua that they would need to set (and stay within) targets for Scope 3 carbon emissions.
The Country's Jamie Mackay explained that because Fonterra works with farmers to create their products, the affiliated farmers would also be affected by these emissions regulations. 
Jamie Mackay also observed that sustainability is very important to consumers, so farmers would need to take emissions regulations seriously. 
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.