Greenpeace pushes investors to divest from Fonterra over palm kernel feed, citing environmental harm.

Greenpeace is pressuring investors to divest from Fonterra's Shareholders Fund, aiming to end the dairy company's use of palm kernel feed, which is linked to rainforest destruction and wildlife endangerment in Southeast Asia. Greenpeace claims this practice makes Fonterra New Zealand's worst climate polluter. The environmental group has launched a petition against palm kernel use, collecting over 11,000 signatures.

November 17, 2024
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