The Emission Account
Fonterra is in its third year of simulating its own emissions trading scheme – the Emission Account.
The Emission Account compiles data about each manufacturing site’s carbon dioxide emissions every quarter, assigns them a hypothetical dollar value and incentivises their reduction. It is sent out to all managers and energy efficiency promoters at each site for display on staff notice boards, encouraging friendly competition between sites. Nine reports have been published to date – measuring emissions for each site and for Fonterra’s New Zealand operations as a whole.
This proactive approach means we are going to be in a good position to administer our part of New Zealand’s ETS.
