Fonterra controls about 30% of the world’s diary exports. The company is owned by more than 10,500 New Zealand famers and has revenues in excess of NZ$16 billion.
Fonterra is also the target of the Dutch arm of Greenpeace.
Greenpeace’s beef with Fonterra is over the company’s use of palm kernel. The pressure group points out that the harvesting of the palm kernal fuels rainforest destruction and this leads to the removal of the endangered orangtans’ habitat.
To make their point, Greenpeace have paid for this video and advert.