Charters

This Charter sets out the governance requirements for the Fonterra Board.

This document explains our approach to guide members of the Board on ethical risk and to help nurture an environment where integrity and accountability are key.

This Charter sets out how the Committee assists the Board in fulfilling its governance responsibilities relating to Fonterra’s financial management and internal control frameworks, financial reporting, audit activities, capital markets matters and funding activities; management and monitoring of Group risks other than those risks that are overseen by the People, Culture and Safety Committee and the Co-operative Relations Committee; and the management and monitoring of Climate Risk.

This Charter sets out how the Committee assists the Board in fulfilling its governance responsibilities in relation to the supply of milk from Fonterra suppliers, and to seek to resolve supplier complaints before reference to the Milk Commissioner.

This Charter sets out how the Committee assists the Board in fulfilling its governance responsibilities in relation to Fonterra’s continuous disclosure obligations.

These Terms of Reference set out how the Panel provides assurances to the Board as to the governance of the Milk Price and the Milk Price Manual, and the proper application of the Milk Price Principles.

This Charter sets out how the Committee assists the Board in fulfilling its corporate governance responsibilities relating to the recruitment, retention, remuneration and development of directors, executives and other employees, and Fonterra’s management of Health, Safety and Wellbeing.