Fonterra’s profits and rainforest destruction w/ Agriculture Campaigner at Greenpeace Aotearoa, Sinéad Deighton-O’Flynn: 30 September, 2024

Last week, Fonterra announced it is returning a total dividend of 55 cents a share for the past financial year, off the back of a $1.1 billion net profit. 

In response to Fonterra’s profit announcements, Greenpeace Aotearoa has called out Fonterra for ‘profiting from rainforest destruction’. 

Since last week, Greenpeace has also announced the organisation are suing Fonterra, over allegations Fonterra are also misconstruing the claim that their dairy product is 100% New Zealand grass-fed, when findings show that a potential 20% of a cow’s diet could come from palm kernels importanted from rainforests in Southeast Asia.

On 26 September, Wire Producer Sofia spoke to Greenpeace Aotearoa Agriculture Campaigner, Sinéad Deighton-O’Flynn, about this topic, asking her firstly about how concerning the profit announcement was to Greenpeace.