Fonterra Co-operative Group Limited is a New Zealand-based dairy company that operates in the dairy products sector. The company is the world's largest exporter of dairy products and is responsible for approximately 30% of the world's dairy exports. Fonterra is a co-operative, which means that it is owned by its farmers who supply milk to the company. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy.

Decarbonisation is a key focus area for Fonterra. The company has set a target to achieve net-zero carbon emissions by 2050. To achieve this goal, Fonterra is implementing a range of initiatives to reduce its carbon footprint. One of the key initiatives is to reduce the emissions from its manufacturing facilities. Fonterra is investing in energy-efficient technologies and is exploring the use of alternative fuels such as biomass and biogas. The company is also working with its farmers to reduce emissions from on-farm activities. Fonterra is providing farmers with tools and resources to help them reduce their carbon footprint and is incentivizing them to adopt sustainable farming practices.

Corporate energy is another area of focus for Fonterra. The company is committed to reducing its energy consumption and increasing the use of renewable energy. Fonterra has set a target to reduce its energy intensity by 20% by 2020. To achieve this goal, the company is implementing a range of energy efficiency measures such as upgrading equipment and improving processes. Fonterra is also investing in renewable energy projects such as wind and solar. The company has installed solar panels at several of its manufacturing facilities and is exploring the use of wind energy to power its operations.

Corporate power purchase agreements (PPAs) are an important tool for Fonterra to increase the use of renewable energy. A PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. Fonterra has signed several PPAs with renewable energy providers to increase the use of renewable energy in its operations. For example, the company has signed a PPA with a wind farm in New Zealand to purchase renewable energy to power its manufacturing facilities.

Renewable energy is a key focus area for Fonterra. The company is committed to increasing the use of renewable energy in its operations and has set a target to source 30% of its energy from renewable sources by 2030. Fonterra is investing in renewable energy projects such as wind, solar, and hydro. The company has installed solar panels at several of its manufacturing facilities and is exploring the use of wind energy to power its operations. Fonterra is also investing in hydro projects to generate renewable energy.

In conclusion, Fonterra Co-operative Group Limited is a New Zealand-based dairy company that operates in the dairy products sector. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy. Decarbonisation, corporate energy, corporate PPA, and renewable energy are key focus areas for Fonterra. The company is implementing a range of initiatives to reduce its carbon footprint, increase energy efficiency, and increase the use of renewable energy. Fonterra is a leader in sustainability in the dairy industry and is setting an example for other companies to follow.