Sugar hit
OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer shareholders as a 'short sighted sugar hit'.
Fonterra has teamed up with non-profit group TupuToa for an internship programme for Māori and Pasifika graduates.
At the end of 2018, three tertiary students heading into their last year of study will join Fonterra for a twelve-week paid internship, where they will be exposed to different parts of the business and mentored by senior leaders.
Managing Director People and Culture Joanne Fair says the new partnership will help broaden the talent source for future leaders and increase diversity of thought.
“Māori and Pasifika make up around 22% of the general population but are currently underrepresented in New Zealand’s corporate workforce. We want to play our part in turning that around,” says Fair.
“We’re passionate about growing our diverse talent pool which is why we’ve joined forces with TupuToa, who have a proven model for identifying and preparing Māori and Pasifika talent for professional careers.”
Fonterra says research by McKinsey shows that diverse businesses outperform non-diverse businesses by 35% and notes that diversity is crucial to fostering innovation.
The programme is part of Fonterra’s wider efforts to promote diversity and inclusion.
Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash of the Colleges, which was held at the recent Ashburton A&P Show.
The New Zealand Merino Company (NZM) is expanding its collaboration with TextileGenesis to deliver full traceability for 100% of ZQ certified wool and ZQRX regenerative wool.
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad outcomes.
Metallica's charitable foundation, All Within My Hands (AWMH), teamed up with Meet the Need this week for a food packing event held at the New Zealand Food Network warehouse in Auckland.
After two years, Alliance Group has returned to profit.
According to Zespri's November forecast for the 2025/26 season, returns are likely to be up for all fruit groups compared to the last forecast in August.
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