Synlait CEO Resignation Highlights Deeper Challenges Facing Dairy Processor
A revolving door of chief executives at milk processor Synlait is a warning sign, says Lincon University senior lecturer in agribusiness Nic Lees.
Synlait's on-farm emissions intensity, per kgMS, reduce 5% over the past year, or 10% compared to its financial year 2018 (FY18) base year when targets were first established.
Total off-farm emissions have remained stable since last year, however, emissions intensity per kg of product, has reduced by 24% compared to FY18.
The company produced its sustainability report last week.
Synlait director - sustainability, brand, beverages and cream, Hamish Reid, says the company's sustainability journey started in 2017.
"That's when we realised that business could no longer talk about, and plan for, perpetual continuity.
"Since then we have chosen to pivot, building and delivering on our sustainability strategu, and we are making some impressive gains, which have exceeded our own expectations.
"We still have a long way to go - as a company, as an industry, and as a country, but here at Synlait we are determined to change, and to inspire others to join us."
