We’re proudly a Co-operative. This means we’re owned by our farmers (our members) who buy into Fonterra and agree to sell us milk. In return, we collect their milk from their farms and pay them for every drop of milk we collect (measured in kilogram of milk solids) and an annual dividend.
Read our Co-operative's Constitution
Being our owners puts farmers at the centre of our business. Everything we do is about delivering value and returns for them and their whānau. Our governance structure helps us achieve this. Our Co-op is governed by The Board of Directors who are responsible for the leadership and direction of our company.
The Fonterra Shareholders’ Council is an elected national body of farmer shareholders who represent the views of all our farmers. The Fonterra Management Team (often called FMT) is headed up by our CEO Miles Hurrell and is responsible for the day-to-day business operations.
“I’d like to thank the Co-op’s farmer-owners and unitholders for their continued encouragement and support. It’s not something that I’d ever take for granted.”
Fonterra Chief Executive Officer
They trust us with their milk and we work hard to treasure their product. They’re what set us apart from other companies. That’s because they get up at 4.30am every day of the year to milk their cows and provide our Co-op with the best dairy in the world. They work the land, care for their cows and give back to their communities.
We encourage and support our farmers to be the best they can be, to put the best environmental management practices at their fingertips and help them improve profitability and resilience on-farm.
The Governance Development Programme was established by the Fonterra Shareholders’ Council and Board of Directors in 2006 to help address dairy industry and rural sector succession needs.
Stats, trends, innovation stories and Co-op information, you’ll find it all here.
“There is a growing trend of people using dairy based supplements to enhance and maintain their health and wellbeing”, says Rachel Marshall, Global Technical Engagement Manager for Fonterra’s Sports and Active Lifestyle business unit.
March 15, 2021
Strong global demand for our cream cheese has seen Fonterra’s Darfield site in Canterbury hire a full shift of new recruits as the team ramps up production.
December 17, 2020
Inclusivity and Innovation key to success. With more than 40 different ethnicities across a team of nearly 400 and 14 different languages spoken by our leaders across site alone, our team at the FRDC truly is a culturally diverse bunch.
December 11, 2020
COVID’s presented many challenges for businesses, and one of them is the inability to travel. So, when Fonterra’s research and development partner BY-HEALTH wanted to give its customers a glimpse of farming, New Zealand-style, they used live video technology to bridge the gap, taking the farm to the customers.
November 27, 2020
There’s one word that Clyde Fletcher uses to sum up his 36 years running Fonterra’s Documentation Centre (FDC). “Collaboration. If everyone collaborated for the greater good, we’d all get what we want!”
November 13, 2020
When COVID closed shops, and many of us were forced to work from home, baking often became the go-to activity for comfort.
November 11, 2020
A passion for people and lending her expertise to help her peers during COVID-19 has put Carol Feng a cut above the rest.
October 22, 2020
When COVID-19 first hit New Zealand’s shores Fonterra stepped up to help make hand sanitiser and some of its employees volunteered their time to make face masks. Now the Co-op’s offering another hand – this time to help develop a vaccine.
September 03, 2020
Our quest to keep up with the fast-paced consumer market in China has received a boost, with the opening of our refurbished innovation centre in Shanghai, dedicated to developing innovative products suited to the Chinese market.
September 02, 2020
In a step towards a potential solution to dairy farm emissions, we’ve partnered with Sea Forest to see if using seaweed in cows’ feed can reduce greenhouse gasses.
July 24, 2020
Could cows be their own methane solution? It’s the million-dollar question for New Zealand’s largest industry: how can we stop cows from burping?
July 21, 2020
New Zealand’s first carbonzero milk, Simply Milk, hits supermarket shelves this week, meaning Kiwis can now enjoy their milk and have the satisfaction of helping the environment.
July 14, 2020
It remains one of the world's most controversial (and misunderstood) plants, but hemp has not only proven itself as a versatile natural fibre to make a wide range of products, from shoes, clothing, to paper, it’s now revealed itself as the perfect crop for Fonterra.
July 02, 2020
COVID-19 has had a massive impact on our everyday lives. What’s also really interesting is how it’s shaping how we think about our weekly shop.
July 01, 2020
Sustainability is a term that’s frequently used in and around our Co-op. We talk about helping our suppliers to farm sustainably, securing a sustainable milk supply, supporting sustainable communities and catchments and ensuring our products and packaging are sustainably produced and used.
June 25, 2020
When Fonterra Chief Science & Technology Officer, Dr Jeremy Hill heard the news he was being recognised on the Queen’s Birthday Honours list, he didn’t quite believe it.
June 04, 2020