Supplier Update 10 June 2022
On Wednesday evening we were proud to announce Silver Fern Farms has entered into one of New Zealand’s largest sustainability-linked working capital financing facilities.
Hosted at the Public Trust Hall in Wellington, the announcement was a chance to acknowledge this milestone on our sustainability journey with our banking partners and government stakeholders.
As part of the sustainability linked financing, Silver Fern Farms will receive financial incentives as it delivers pre-agreed and pre-defined sustainability targets around NZFAP+, reduction of processing emissions, water used in processing, and waste to landfill, and enhanced environmental monitoring and reporting. A strong performance against our targets saves us money, while under performance costs us, meaning the incentives for operating in a more sustainable way are commercially tangible.
You can read the full media release here.
In this week’s report we celebrate our final Regional Plate to Pasture Award winners, plus the latest from the markets.