Sharechat Logo

Synlait Milk Limited (NZX: SML) Sustainability Report Shows GHG Emissions Improvements

Wednesday 2nd December 2020

Text too small?

Synlait Milk Limited’s sustainability report has revealed several positive trends, including an improvement in the company’s greenhouse gas (GHG) emissions.

Synlait’s second sustainability report reviews the company’s social and environmental performance and achievements for the year ended 31 July 2020.

A key report highlight is that Synlait’s on-farm emissions reduced 5% over the past year or 7% compared to the company’s FY18 base year when targets were established. Off-farm reduced by 16% compared to FY18.

Synlait’s Director of Sustainability and Brand, Hamish Reid commented: “Synlait is in a position of responsibility. Creating a future of sustainable milk nutrition is our ambition and value proposition. We are really encouraged by the gains our farmer suppliers and the Synlait team are making, but we still have work to do.”

“We strongly believe that sustainability pays back in multiple ways and that purpose driven companies will benefit from their commitment towards people and planet, now and in the future. We want to be part of that cohort and believe we are on track to make a difference”.

See the links below for more details:

Announcement: Sustainability Report shows GHG emissions improvements

Synlait Milk Sustainability Report 2020

Source: Synlait Milk Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Chatham Rock Phosphate Limited (NZX: CRP) Chatham Successfully Completes Private Placement
Turners Automotive Group Limited (NZX: TRA) Upgrades FY21 Earnings Guidance
Blackwell Global Holdings Limited (NZX: BGI) Restructure of Business Operations
Vista Group International Limited (NZX: VGL) Vista Group appoints James Miller as Independent Director
Rakon Limited (NZX: RAK) Update of FY2021 Earnings Guidance
The a2 Milk Company Limited (NZX: ATM) Organisational Announcement
Reserve Bank of New Zealand Committed to Action as It Responds to Data Breach
MHM Automation Limited (NZX: MHM) Settlement of New Plymouth Building Sale
Napier Port Holdings Limited (NZX: NPH) First Quarter 2021 Trade Volumes
New Zealand Oil & Gas Limited (NZX: NZO) Mahato PSC Update - Oil Production

IRG See IRG research reports