Thursday, February 24, 2011

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.

1 Comments:

Anonymous Anonymous said...

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

8:49 PM, March 08, 2011  

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