Our Sustainability Scorecard

Sustainability Scorecard 2024

The scorecard reports progress against our Sustainability Action Plan - Good by Nature. Last year, 89% of active deliverables under our Sustainability Action Plan were either achieved or made good progress, this represents a significant effort across the business.

Emissions

Target -26%

Reduction of greenhouse gas emissions (Scope 1+2) in line with a 42% reduction by 2030 from 2020 Baseline year.

Significant reductions in GHG achieved through capital investment in Industrial heat pumps and operational efficiencies in wood biomass boiler operation, energy and hot water use. More investment in coal out is planned.

Waste (General)

Target -10% 

Reduction in tonnes of non-organic waste to landfill at all sites against 2022 Baseline.

Inorganic waste significantly reduced in 2024, waste reduction plans and other work on improving waste recovery and recycling are expected to deliver further reductions.

Waste (Organic)

Target -90% 

Reduction in tonnes of organic waste to landfill from 2021 Baseline.

The organic waste target was met, with large volumes organic waste moving into added value and composting opportunities. The focus on this area has ensured that we are able to adapt quickly to any market shifts to reduce waste and optimise value.

Water

Target -12%

Reduction in water use intensity from 2021 Baseline.

Over 1.7 million m3 of water has been reduced over the year​. Water reduction plans are in place for all sites. Investment into data collection has been crucial and will ensure savings are bedded-in and continued over the coming years.

NZFAP+

Target 600

Adoption of the NZFAP Plus Assurance Programme by Silver Fern Farms suppliers with additional target of 400 certified. 436 farms are now certified.

Targets for 2024 were achieved. While the investment made in the Nature Positive payment has been a key driver for uptake of NZFAP+, the support of the On-farm Sustainability team, and wider Livestock teams, to support suppliers through sign-up and audit has been a key contributor to success. recruitment. 

In 2024, 89% of active deliverables under our Sustainability Action Plan  were either achieved or made good progress.

Key Achievements 2024

Progress by Material Issue

Sustainability Action Plan Priorities 2025

CLIMATE INNOVATION

• Undertake screening process with SBTi for Scope 1,2 and 3 emission reduction targets

• Develop methodologies for scope 3 (on farm) emissions data capture, create credible baseline and design reporting process.

• Develop farmer engagement, incentive program and validation for farm based Scope 3 emissions

• 27% carbon emissions reduction – operational boundary (from 2020 baseline)

ENHANCING NATURE

• 800 SFF farmers signed up to NZFAP+

• 600 SFF Farmers audited to NZFAP+ standards

• Nature Positive Indexing and reporting completed for 150 farms

• Toha Nature Market Pilot delivered

• 14% reduction in water intensity (2021 baseline)

CIRCULAR FUTURE

• Maintain 19% reduction of  tonnes of inorganic waste  to landfill (from 2022 baseline)

• Maintain 80%+ reduction in tonnes of organic waste to landfill (from 2021 Baseline)​

• "Recycle Ready" thermoform film implemented on NZ Retail product range in Q1

• PFAS-free plastic carton liners fully implemented by Q4

PEOPLE & WELLBEING

• 15 mentees successfully complete the EmpowerHer mentoring pilot

• Gender Pay Gap publicly reported via Mind the Gap

• Māori in formal leadership roles increased by 2% to 16.5%

• Employee Engagement scores improve by 2% from 2024 results

• 16 Good Yarn mental health and wellbeing sessions delivered

DISRUPTIVE INNOVATION

• Develop MOU with Ruminant Biotech for commercialisation of methane-reducing Bolus trial

• Core NCZ US retail program phase 1 launched in Q2

• Establish inedible and edible nutraceutical ingredient sales for collagen/keratin to deliver additional sales

• Deliver sales revenue target from our NCZ by Nature leather programme

• Biodiversity Asset Mapping Solution developed - Prism Earth

TRUST & CONNECTION

• Top 100 suppliers signed onto Vendor Code of Conduct

• 25% reduction in Food Quality claims costs YOY

• Deliver Phase 2 of NP Data Platform

• Deliver Phase 2 of Our Customer Programme

• Continue to work with stakeholders to improve wastewater treatment and discharge mechanisms at Pareora site

COMMUNITY & BELONGING

• 3 site Biodiversity Plans developed

• $300k of community investment

• $200k of support (cash and in kind) to Meat the Need

TE AO MĀORI

• Executive participation in Te Tiriti workshop and Marae Immersion

• Roll out cultural narrative across SFF with supporting materials​

• Delivery of He Muka Tangata 2025 programme (10 staff) and 75% completion of Capable Iwi Māori programme

• Delivery of 2025 Promise to Place Roadmap