NZ a decade behind Europe on sustainability, says Fonterra boss

Fri, 08 Nov 2013

By Pattrick Smellie Nov. 8 (BusinessDesk) – The New Zealand dairy industry is a decade its primary competitors from Europe in its approach to social and environmental sustainability, according to Fonterra chief executive Theo Spierings. Making his first high-profile public appearance since the false alarm over botulism in infant formula hit the company in early August, Spierings was also disarmingly frank to a senior Auckland business audience about the challenge to rebuild Fonterra’s reputation and his impatience with “hysterical” political...

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