Reporting on Sustainable Development Goals (SDGs): The Case of Fonterra

Abstract

This study examines Fonterra's reporting on Sustainable Development Goals (SDGs) over specific years to assess the extent of its disclosures, thematic content, and quality. Through quantitative analyses of Fonterra's sustainability reports from 2018 to 2022, this research investigates the company's commitment to transparency and sustainability within the industry. Quantitatively, the study evaluates the extent of SDG reporting by Fonterra by systematically reviewing its sustainability reports from the specified timeframe. The analysis involves counting the number of sentences and pages dedicated to SDGs and calculating the proportion of SDG-related content relative to the total content of each report. Qualitatively, thematic content analysis is conducted to identify recurring themes, topics, and issues discussed regarding SDGs within Fonterra's report of 2022 specifically. The analysis reveals a notable increase in the extent of SDG reporting over the years, with a particular emphasis on SDGs related to climate action and food security. Thematic content analysis elucidates Fonterra's dedication to addressing global challenges, notably emphasizing zero hunger and climate change themes.

Furthermore, the assessment of the quality of SDG reporting exposes varying levels of transparency and depth across different thematic areas, with notable strengths in SDGs about poverty, gender equality, and climate action. However, areas for improvement are identified, particularly in reporting related to life on land and life below water. Overall, this study provides valuable insights into Fonterra's sustainability practices, offering actionable recommendations for enhancing corporate sustainability reporting and impact in alignment with SDGs.