Fonterra to go coal-free 11 years ahead of schedule

Thu, 18 Jul 2019

By Rebecca Howard July 18 (BusinessDesk) - Dairy giant Fonterra Co-operative Group said it is shaving 11 years off its coal target, putting an immediate stop to installing any new coal boilers or increasing capacity to burn coal. “One of the emerging themes in our strategy review is that sustainability will be at the heart of everything we do. As part of this, we want to step up our efforts to help New Zealand transition to a zero-carbon economy,” said Robert Spurway, chief operating officer for global operations. The Interim Climate C...

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