{"id":67226,"date":"2024-11-18T09:00:49","date_gmt":"2024-11-17T20:00:49","guid":{"rendered":"https:\/\/www.greenpeace.org\/aotearoa\/?p=67226"},"modified":"2024-11-20T14:24:52","modified_gmt":"2024-11-20T01:24:52","slug":"greenpeace-calls-on-fonterra-investors-to-consider-big-picture-with-giant-puzzle","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/greenpeace-calls-on-fonterra-investors-to-consider-big-picture-with-giant-puzzle\/","title":{"rendered":"Greenpeace calls on Fonterra investors to consider big picture with giant puzzle"},"content":{"rendered":"\n<p>As Fonterra\u2019s external investors meet at the corporation\u2019s Auckland HQ, Greenpeace supporters have pieced together a giant puzzle revealing the cost of Fonterra\u2019s use of palm kernel as cow feed &#8211; rainforest destruction and loss of rare wildlife in Southeast Asia.<\/p>\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/11\/7d335f84-gp0su3ewu_medium-res-with-credit-line-1200px-1024x684.jpg\" title=\"As Fonterra\u2019s external investors met at the corporation\u2019s Auckland HQ, Greenpeace supporters pieced together a giant puzzle revealing the cost of Fonterra\u2019s use of palm kernel as cow feed \u2013 rainforest destruction and loss of rare wildlife in Southeast Asia.<div class=\"credit icon-left\"> \u00a9 Oren Oaariki \/ Greenpeace<\/div>&#8221; alt=&#8221;As Fonterra\u2019s external investors met at the corporation\u2019s Auckland HQ, Greenpeace supporters pieced together a giant puzzle revealing the cost of Fonterra\u2019s use of palm kernel as cow feed \u2013 rainforest destruction and loss of rare wildlife in Southeast Asia.<div class=\"credit icon-left\"> \u00a9 Oren Oaariki \/ Greenpeace<\/div>&#8221; class=&#8221;wp-image-67231&#8243;\/><figcaption class=\"wp-element-caption\">As Fonterra\u2019s external investors met at the corporation\u2019s Auckland HQ, Greenpeace supporters pieced together a giant puzzle revealing the cost of Fonterra\u2019s use of palm kernel as cow feed \u2013 rainforest destruction and loss of rare wildlife in Southeast Asia.<div class=\"credit icon-left\"> \u00a9 Oren Oaariki \/ Greenpeace<\/div><\/figcaption><\/figure>\n\n<p>Greenpeace is calling on investors to divest from Fonterra\u2019s Shareholders Fund to push the dairy giant into ending palm kernel use on all of its farms. This follows <a href=\"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/greenpeace-confronts-fonterra-agm-attendees-with-rainforest-destruction-dying-orangutans\/\">protests outside Fonterra\u2019s AGM<\/a> last Thursday, and a lawsuit from Greenpeace under the Fair Trading Act <a href=\"https:\/\/www.greenpeace.org\/aotearoa\/press-release\/greenpeace-sues-fonterra-for-misleading-consumers-with-palm-kernel-greenwash\/\">suing Fonterra<\/a> for misleading customers about the use of palm kernel as animal feed.<\/p>\n\n<p><strong>Greenpeace spokesperson Sin\u00e9ad Deighton-O\u2019Flynn<\/strong> says, \u201cFonterra\u2019s use of palm kernel underpins its dirty dairy practices, contributing to rainforest destruction and making it New Zealand\u2019s worst climate polluter.<\/p>\n\n<p>\u201cGreenpeace is calling on Fonterra\u2019s external investors to divest from the Fund until Fonterra ends the use of palm kernel, which is connected to rainforest destruction in Southeast Asia.<\/p>\n\n<p>\u201cBy investing in Fonterra\u2019s Shareholders\u2019 Fund, these investors are implicated in the destruction of one of the last remaining paradise rainforests and contribute to the deaths of rare wildlife like the orangutan and the pygmy elephant,\u201d says Deighton O\u2019Flynn.<\/p>\n\n<p>\u201cWe call on Fonterra investors to stop for a minute and consider the big picture. Palm kernel is a product of the palm oil industry, which is a key driver of rainforest deforestation in Southeast Asia, and responsible for human rights abuses and destruction of rare wildlife habitats. When all of the pieces come together, the picture isn\u2019t a pretty one.\u201d<\/p>\n\n<p>New Zealand is the biggest importer of palm kernel in the world &#8211; importing more than 1.7 million tonnes in 2023. The product is used by the intensive dairy industry as a supplementary feed for cattle.<\/p>\n\n<p>\u201cFonterra&#8217;s intensive dairy model requires imported feed because there are so many cows that there isn&#8217;t enough grass to feed them. But more and more people globally are expecting higher sustainability standards for the products they buy &#8211; investors should be wary of the massive reputational and financial risk for Fonterra in continuing to use this destructive product,\u201d says Deighton-O\u2019Flynn.<\/p>\n\n<p>\u201cOther ways of farming are possible &#8211; and as New Zealand\u2019s biggest dairy company, Fonterra has a key role to play. Fonterra must end the use of palm kernel, reduce its herd sizes, and support farmers to transition to ecological plant-based agriculture.\u201d<\/p>\n\n<p>At the end of September, Greenpeace launched a <a href=\"https:\/\/petition.act.greenpeace.org.nz\/agriculture-fonterra-stop-using-palm-kernel\">petition calling for Fonterra to ban the use of palm kernel<\/a> on all of their farms across Aotearoa. In less than two months, more than eleven thousand people have signed on in support.<\/p>\n\n<p>\u2014&nbsp;<\/p>\n\t\t\t<section\n\t\t\tclass=\"boxout post-66348  sticky-bottom-mobile collapse show\"\n\t\t\tid=\"action-card\"\n\t\t>\n\t\t\t<a\n\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\tdata-ga-action=\"Image\"\n\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\tclass=\"cover-card-overlay\"\n\t\t\t\thref=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/petition-stop-fonterra-using-palm-kernel\/\" \n\t\t\t><\/a>\n\t\t\t\t\t\t\t<img\n\t\t\t\t\t\tsrc=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px-1024x684.jpg\"\n\t\t\t\t\t\tsrcset=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px-600x401.jpg 600w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px-1024x684.jpg 1024w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px-768x513.jpg 768w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px-510x340.jpg 510w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2024\/09\/eddb415e-gp0strviu_medium-res-1200px.jpg 1200w\"\n\t\t\t\t\t\tsizes=\"(min-width: 1000px) 358px, (min-width: 780px) 313px, 88px\"\n\t\t\t\t\t\talt=\"Landcover, forest clearance and plantation development in PT Megakarya Jaya Raya (PT MJR) palm oil concession. PT MJR is part of the Hayel Saeed Anam group which has a number of palm oil related interests including Pacific Inter-Link which controls HSA&#039;s palm oil refining and trading interests.\" title=\"Landcover, forest clearance and plantation development in PT Megakarya Jaya Raya (PT MJR) palm oil concession. PT MJR is part of the Hayel Saeed Anam group which has a number of palm oil related interests including Pacific Inter-Link which controls HSA&#039;s palm oil refining and trading interests.\"\n\t\t\t\t\/>\n            \t\t\t<div class=\"boxout-content\">\n\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\tclass=\"boxout-heading medium\"\n\t\t\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\t\t\tdata-ga-action=\"Title\"\n\t\t\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\t\t\thref=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/petition-stop-fonterra-using-palm-kernel\/\"\n\t\t\t\t\t\t\n\t\t\t\t\t>\n\t\t\t\t\t\tPETITION: Stop Fonterra using Palm Kernel\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"boxout-excerpt\">Call on Fonterra to end the use of rainforest-destroying palm kernel on its farms.\n\n<\/p>\n\t\t\t\t                                    <a\n                        class=\"btn btn-primary\"\n                        data-ga-category=\"Take Action Boxout\"\n                        data-ga-action=\"Call to Action\"\n                        data-ga-label=\"n\/a\"\n                        href=\"https:\/\/www.greenpeace.org\/aotearoa\/petition\/petition-stop-fonterra-using-palm-kernel\/\"\n                        \n                    >\n                        Sign the petition\n                    <\/a>\n                \t\t\t<\/div>\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"not-now\"\n\t\t\t\t\trole=\"button\"\n\t\t\t\t\tdata-bs-toggle=\"collapse\"\n\t\t\t\t\thref=\"#action-card\"\n\t\t\t\t><\/a>\n\t\t\t\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"<p>As Fonterra\u2019s external investors meet at the corporation\u2019s Auckland HQ, Greenpeace supporters have pieced together a giant puzzle revealing the cost of Fonterra\u2019s use of palm kernel as cow feed &#8211; rainforest destruction and loss of rare wildlife in Southeast Asia.<\/p>\n","protected":false},"author":114,"featured_media":67227,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_planet4_optimize_post_is_variant":false,"_planet4_optimize_experiment_name":"","_planet4_optimize_variant_name":"","ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[10],"tags":[16,19,20],"p4-page-type":[7],"class_list":["post-67226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greenpeace","tag-climate","tag-food-and-farming","tag-forests","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Greenpeace calls on Fonterra 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