Via Radio New Zealand, 3 December 2013

The thing about building the most sustainable headquarters while applying for the next open cast coal mine never added up. The article by Radio NZ hold some hope however:

[..]

The Fonterra board also faced questions over the co-operative's flat earnings, its drop in share price and sustainability.

One unit holder warned that Europeans would not accept Fonterra products if they knew about the poor sustainability and animal welfare of some farms, and Mr Spierings admitted Fonterra was 10 years behind Europe on sustainability.

However, Fonterra and its farmers were quickly catching up, he said. It had developed a 10-year sustainable growth plan, which would drive 3.5% – 4% growth per year.

"The next big platform is sustainability. On-farm but also in factories – our entire supply chain. We should not limit ourselves only to farmers, and I've never done that," Mr Spierings said.

"For me it's the whole business model. End to end, we need to be sustainable."

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