Fongterra Playing Nicer
$1 million, some of your water and 1:1 donations with farmers
CEO Andrew Ferrier said: “We have also launched a Fonterra Earthquake Relief Fund to enable our 10,500 farmer-shareholders and 16,000 staff to make personal donations. Fonterra will match what they give, dollar for dollar, up to a further $1 million.
Given they only gave $1 million last time, another $1 million is a tad light given the enormity of what has happened now and their record payout yesterday.
Anyway, it is a start.
Given they only gave $1 million last time, another $1 million is a tad light given the enormity of what has happened now and their record payout yesterday.
Anyway, it is a start.

1 Comments:
Fonterra was the only N.Z. corporate to have their Earthquake donation exceed their last year's income tax bill.
Tu-O-Mo
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