Carbon Catch-up: Fonterra falls behind on climate goals as farm emissions remain flat

Carbon Catch-up: Fonterra falls behind on climate goals as farm emissions remain flat
Fonterra is targeting a 30% reduction in emissions intensity by 2030 compared with 2018, yet as of this year has achieved just 3.8% reduction. (Image: Supplied)
Michael Neilson
Fonterra, New Zealand’s largest corporate greenhouse gas emitter, is falling behind on its most important climate targets, with new data showing little movement on cutting emissions from farms, which make up the vast majority of its carbon footprint.The dairy co-op reported 26.7 million tonnes of carbon dioxide equivalent (tCO₂e) in the 2025 financial year, or 54.3% of the entire NZX50, according to BusinessDesk’s Carbon Catch-up project. About 25 million tCO2e came from Scope 3 agricultural emissions – largely methane an...

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