More than money: how Fonterra gives

Fonterra's charitable work comes through sponsorship and partnerships. (Image: Fonterra)

Thu, 26 May 2022

Fonterra’s annual reports would suggest the country’s biggest exporter doesn’t give much back to New Zealand but a look under the hood tells a different story. The Companies Act 1993, section 211, says annual reports must state the total amount of donations made by the company during the accounting period. However, most of its giving in NZ is through long-term partnerships and sponsorships. The information disclosed in its sustainability report and on its website, says Mike Cronin, managing director of co-operative a...

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