Spotlight on emissions
Published date | 29 September 2022 |
Publication title | North Canterbury News |
The report says carbon emissions from fertiliser have reduced 12 percent over the year and targets for greenhouse gas emissions are down 2206 tonnes of carbon dioxide (14%) since 2018.
The company is converting its Dipton coal-fired combustor in Southland to biomass, which will eliminate more than 1100 tonnes of greenhouse gas emissions per year, almost 10% of its direct carbon footprint.
More than 1 million ha of farmland is under technology that provides precise fertiliser applications, and EcoPond technology has the potential to almost eliminate methane emissions completely from dairy effluent ponds.
A $630,000 project has been approved to restore a wetland next to a Napier facility.
Financially, the co-operative made a $95 million profit, up from $52 million last year, and its equity has gone from $492 million in 2020/21 to $609 million.
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