Taking the Lead
For generations we have been leading the world in dairy innovation. What excites us more than what we are doing today is what we can do tomorrow.
As New Zealand's largest private sector investor in research and development, our commitment to innovation - from the farm to the factory - underpins our company vision to Lead in Dairy.
We recognise that the development of innovative technology in products and processes is crucial if we are to ensure the sustainability of the New Zealand dairy industry. And Fonterra is leading the way, with Innovation Centres in New Zealand, Australia, China and Singapore dedicated to developing exciting technologies in a broad range of sciences, from forage and bovine genetics to nutrition, flavours, texturants and packaging materials.
Support from the top
Fonterra’s Strategic Innovation Group, chaired by CEO Andrew Ferrier, ensures that innovation receives support from the highest level within the company. The team oversees Fonterra’s innovation activities, balances the portfolio of projects and ensures we have the right capability and resources to support these developments.
Opening the door to new ideas
Fonterra is also a proponent of ‘Open Innovation’, which acknowledges that companies need to work with external partners to find new products and technologies faster and with greater certainty, for the greater good of the industry.
We belong to a network called InnovationXchange, which helps companies safely disclose intellectual property to develop closer ties with potential innovation partners. Fonterra’s commitment to Open Innovation is helping us to build on the world-class research and development that we have already undertaken, and to achieve innovation excellence for tomorrow.
ViaLactia
ViaLactia Biosciences is a biotechnology company operating as a fully owned subsidiary of Fonterra. ViaLactia's goals are the identification, discovery and commercialisation of methods of selection and genes important to our dairy industry, including those affecting pasture grasses, milk production and milk composition.
