#nzets — Public Fediverse posts

So, let me get this right, #Fonterra:

1️⃣ is responsible for ~18% of #NZ's #ETS #GHGemissions *
2️⃣ contributes 3.1% to GDP,
3️⃣ gets a $90 million government grant to replace coal boilers, and
4️⃣ makes a record $1.6 billion profit... 🤔

* Agriculture is outside of the #NZETS so 18% represents manufacturing emissions, it doesn't include on-farm #Scope3 emissions.

https://www.stuff.co.nz/business/farming/agribusiness/132979152/fonterra-posts-record-16b-annual-profit-pays-highest-ever-dividend

Here are #NZ's largest #GreenhouseGas emitters (>1 MTCO2e) according to the #NZETS for the year ended 30 June 2022.

🥇 #Fonterra is responsible for 18% of NZ's #GHGemissions!

(Data extracted from https://www.epa.govt.nz/industry-areas/emissions-trading-scheme/ets-reports/emissions-returns/ with the help of #Tabula)