Processors boost GHG credentials
Dairy's superpowers are lifting their game on proving greenhouse gas credentials.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Last year over 88% of voting farmer shareholders backed a board proposal to reduce the 11-member board to nine.
This year, three farmer-elected directors – chair Peter McBride, John Nicholls and Leonie Guiney retired by rotation. Guiney did not seek re-election after serving nine years on the board. McBride and Nicholls were re-elected unopposed.
Appointed director Clinton Dines has also retired after serving for nine years. He was replaced by Alistair Field, whose appointment was ratified by shareholders at the co-op’s annual meeting in New Plymouth yesterday.
Speaking at the meeting, McBride thanked Guiney and Dines for their time and energy.
“Your contribution to Fonterra has been significant, but in particular your focus on risk and balance sheet management has been invaluable as we have reset the business.
“If the measure of success for a director is leaving the organisation in better shape than you found it, then you have both unquestionably achieved that. Our Co-op is in good health.
“The sentiment we are receiving from farmers right now is overwhelmingly positive.”
Reducing nitrogen inputs does not necessarily mean reducing profits, says DairyNZ principal scientist Ina Pinxterhuis.
Southland Federated Farmers president Jason Herrick says farmers are prepared for winter grazing every year.
The a2 Milk Company (a2MC) is launching a new round of grants to support projects aimed at enhancing dairy farming sustainability via the a2 Farm Sustainability Fund.
DairyNZ is inviting applications for an associate director position.
Dairy's superpowers are lifting their game on proving greenhouse gas credentials.
Taupo-based low-carbon dairy company Miraka has its sights set on using 100% renewable energy in the next decade.
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