Climate change is one of the biggest challenges facing the planet. We believe all businesses must take an active role in creating the solutions and actions to address change. For the sake of future generations, we need to play our part in working towards a 1.5°C future.
In November 2023, we announced our emissions reductions targets for 2030 and an ambition to be net zero by 2050. Since then, the Science Based Targets initiative (SBTi)¹ has validated Fonterra Co-operative Group Limited's near term targets.
¹ The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organisations to set science-based emissions reduction targets.
Our near-term targets²
Energy & Industrial (E&I) absolute reduction and engagement
50.4%
We commit to reduce our absolute Scope 1 and 2 GHG emissions by 50.4% by FY2030 from a FY2018 base year.³
78.2%
We commit that 78.2% of our suppliers and customers by emissions, covering purchased goods and services, capital goods, upstream and downstream transportation and distribution, business travel and processing of sold products will have science-based targets by FY2028.
Forest, Land and Agriculture (FLAG) guidance⁴ specific intensity reduction
30.0%
We commit to reduce Scope 1 and 3 FLAG GHG emissions from dairy by 30.0% per tonne of fat-and-protein- corrected milk (FPCM) by FY2030 from a FY2018 base year.⁵
No deforestation
We also commit to no deforestation across our primary deforestation- linked commodities, with a target date of no later than 31st December 2025.⁶
² In August 2025, we announced that we have agreed to sell our Consumer and associated businesses to Lactalis, subject to certain conditions including approval by farmer shareholders. Subject to satisfaction of all conditions, the transaction is expected to complete in the first half of the 2026 calendar year. If completed, the scale of the divestment would require us to re-assess our near-term emissions reduction targets.
³ The target boundary includes land-related emissions and removals from bioenergy feedstocks.
⁴ The SBTi’s Forest, Land and Agriculture (FLAG) guidance provides the world’s first standard method for companies in land-intensive sectors to set science-based targets for emissions reductions that include land-based emission reductions and removals.
⁵ The target includes FLAG emissions and removals.
⁶ We are over 90% of the way towards achieving this target and are working with suppliers on time-bound action plans. However, due to long-term contracts and existing stock, full compliance by 31 December 2025 is unlikely. If this is the case, we will continue progressing towards our target as soon as possible.
Climate Roadmap
The Fonterra Climate Roadmap is our strategy – the path that helps us towards our 2030 targets and ambition to be net zero by 2050. It outlines how Fonterra is planning to deliver key actions across farming, manufacturing and supply chain operations and the support it will need to get there. First released in November 2023, this third edition provides an update based on the latest data and shows where we are at as a Co-operative today.
View our Climate Statements and Sustainability Reporting