Wednesday, 15 November 2023 10:55

Editorial: Scope 3 target

Written by  Staff Reporters
A year on from giving farmers a heads up, Fonterra bosses last week revealed the Scope 3 target. A year on from giving farmers a heads up, Fonterra bosses last week revealed the Scope 3 target.

OPINION: Fonterra farmers finally know the ‘what’ and the ‘how’ of their co-operative’s much hyped Scope 3 emissions target.

A year on from giving farmers a heads up, Fonterra bosses last week revealed the Scope 3 target – a 30% intensity reduction in on-farm emissions by 2030, from a 2018 baseline.

Fonterra has divided this 30% reduction into four ‘buckets’: 7% reduction through farming best practice such as feed quality and improving herd performance; 7% reduction through novel technologies like Kowbucha; 8% reduction through carbon removals from existing and new vegetation; and 8% from historical land-use change conversions to dairy.

As Fonterra directors and management hold farmer roadshows this week, there will be plenty for farmers to digest. The target is not an individual one. It’s a co-operative wide target. But what each farmer does on his or her farm will help Fonterra reach its target.

The co-operative isn’t talking about incentives or penalties at this stage. The plan is to help each farmer through one-on-one support and specific projects on farm to reduce emissions. There is no talk of reducing feed or fertiliser usage on farm.

Fonterra isn’t doing this on its own. It’s responding to growing sustainability ambitions from its customers and financial institutions, along with increasing market access, legal and reporting obligations. The co-op’s biggest global customers – like Nestlé and Mars – are already working towards ambitious targets to produce dairy products with a low emissions footprint. Their ultimatum to Fonterra is to join the party or they will take their business elsewhere.

Not all Fonterra farmers will be happy paying to go this extra mile to help global giants like Nestlé and Mars. They have more pressing problems on hand – rising interest rates, volatile milk price and weather woes.

Fonterra chairman Peter McBride made it clear that the co-op will be working with farmers and not against them in this journey.

Fonterra farmers will be watching.

More like this

So very '90s!

OPINION: In a to the 1990s, our old mates at Greenpeace continued their crusade against affordable food by abseiling down the side of Fonterra’s Te Rapa factory and unfurling a big banner.

Sour grapes

OPINION: It seems Greenpeace is upping its long-running but ineffective public campaign against Fonterra.

Bolger to rejoin Fonterra

Matt Bolger, the Pro Vice-Chancellor of The University of Waikato Management School, is joining Fonterra’s management team from March next year.

Miraka lifts milk price

Taupo-based dairy company Miraka has lifted its forecast milk price for the season to $9.17/kgMS.

Featured

Applications for HortNZ scholarships now open

Applications are open for Horticulture New Zealand’s (HortNZ) 2025 scholarship programme with18 funding opportunities for students with a special interest in the commercial fruit and vegetable industry.

Waiting and hoping

A lot depends on what happens in the next few months. That's the view of Federated Farmers Otago president, Luke Kane.

Start of a turnaround?

In another sign of improving agribusiness sentiment, two listed companies have lifted their forecast earnings for the year.

'Mood change' among Synlait farmers

Canterbury milk processor Synlait says some farmer suppliers have been inquiring about the process to remove their cessation notices, handed in earlier this year.

National

Love for choc milk still strong

Premium dairy brand Lewis Road Creamery is celebrating a decade since the country went crazy for its iconic fresh chocolate…

An ambition within reach

A couple closing in on their ultimate farming dream is taking the first steps of another farming ambition – to…

'Pasifika milk' makes its debut

While walking through supermarket aisles, young South Auckland entrepreneur Saion Angi decided that there weren’t enough Pacific or Māori products…

Machinery & Products

A formidable duo for tillage

The new Lemken Solitair MR series mounted drills, available in three or four metre working widths, features a 1500-litre tank, which…

When compaction is a good thing

Good silage starts by cutting the crop at the correct growth stage, followed by reducing moisture content, chopping to a consistent…

Quick, accurate access to data

Agri-tech company Precision Farming is linking with John Deere’s Operations Centre guidance technology to automate nutrient and spray record-keeping and…

» Latest Print Issues Online

Milking It

Tatua's just too-good

OPINION: Earlier this month, small Waikato milk processor Tatua reminded the country that it’s still number one when it comes…

China's dairy pain

OPINION: It was only in 2018 that the Chinese Government embarked on a mission to lift domestic milk production and…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter