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About Our Growing Regions Zespri New Zealand Northland 4% Auckland 4% Zespri is the world’s leading kiwifruit brand and is 100 Bay of Plenty 80% percent owned by current and former growers. Waikato 4% Gisborne 2% Hawke’s Bay 2% We’re based in Mount Maunganui, New Zealand and employ more than 600 people in New Zealand, Asia, Europe and the Americas. Lower North Island 1% Nelson 3% On behalf of our 2,800 growers in New Zealand and 1,500 international growers, we manage kiwifruit innovation and the supply, distribution management and marketing of Zespri Figures based on 2019 producing hectares. Kiwifruit. The average green kiwifruit orchard is 3.4 hectares, and the average gold kiwifruit orchard is 2.8 hectares. Global Today, we export to more than 50 countries and we are the world’s largest marketer of kiwifruit. France Korea Italy Japan With global operating revenue of NZ$3.1 billion in 2018/19, we’re also moving closer to achieving our goal of reaching NZ$4.5 billion in sales by 2025. We work with growers and post-harvest companies around MONTH the world to source the best-quality Zespri Kiwifruit which Offshore growing locations we supply through our distribution partners to wholesale Italy: 1,608 HA Japan: 64 HA and retail customers all 12 months of the year. France: 143 HA Korea: 84 HA Figures based on 2019 producing hectares. 2 3
Our History Our values and Purpose We commit to We are We cultivate Our origins lie in the challenges faced by the New Zealand kiwifruit industry Today, we retain the exclusive rights to export kiwifruit from New Zealand guardianship results driven personal connections It’s about Kaitiakitanga. Each one We love personal and business We are inclusive and caring in the 1980s. to all countries other than Australia. of us are custodians for future challenges that help us to grow – listening to each other with generations. We nurture our and develop – measured by compassion, acting with empathy, And since our establishment, we’ve Rapid expansion of the industry and lands, enable our industry, and engagement, value creation and and treating each other better been able to deliver strong sustainable nourish people across the world. marked by global impact. for it. large crop volumes had seen supply returns to growers, make increasingly exceed demand, and combined with positive contributions to our unfavourable interest and foreign communities, and provide premium- exchange rates, the price of kiwifruit tasting and premium-quality kiwifruit had dipped to an all-time low, badly to the world. Our Brand affecting local growers. Ultimately, our purpose is to help It was then that New Zealand kiwifruit and Product people, communities, and the growers decided they could do better environment around the world thrive together, leading to the creation of through the goodness of kiwifruit. Zespri in 1997. Our purpose Powered by our purpose and Zespri Kiwifruit, including our organic Helping people, communities and the environment around the charged by nature, we’re a fruit on a varieties, are one of the healthiest world thrive through the goodness of kiwifruit. mission – challenging conventional foods nature can offer, brimming with healthy living beliefs to reawaken goodness and sourced from rich soils. the connection between nature, food With our passionate commitment to and well-being. We want to help the Zespri System, we put the utmost consumers around the world to live care into the land so we get the best healthy for themselves and their loved quality out of it. Zespri makes your ones. healthy irresistible! 4 5
Our new refreshed logo Goodness of launched in February 2020 is the perfect embodiment of our distinctive brand, capturing the Zespri Kiwifruit burst of flavour you get from biting into our Zespri Kiwifruit. Key Health Attributes Zespri Kiwifruit is packed with over 20 vitamins and minerals, to make you feel good from within. It reflects the Zespri of today – bold, playfully unexpected, and real. The green fan takes inspiration from the vibrant Data source: cross-section of the kiwifruit, • USDA National Nutrient Database for Standard • Nutrient adequacy and Nutrient Density Calculations with its different shades of Reference Legacy Release, April 2018. based on US Daily Values and Calculations in Darmon N. A Nutrient Density Standard green bursts, while the red • The Concise New Zealand Food Composition Tables 13th Edition, 2018. for Vegetables and Fruits. J Am Diet Assoc . text illustrates the energy and 2005;105:1881-87. dynamism of our brand. 6
Our Global Our ZESPRI Supply System Zespri has partnered with growers in to make positive contributions to The Zespri System is one of the • We’ve also established a GRASP the Northern Hemisphere over the last local communities through the strong foundation blocks of the Zespri Brand, (GLOBALG.A.P. Risk Assessment of recognising that quality has many Social Practices) to look after the 20 years to keep Zespri Kiwifruit on returns we provide to local growers components, but that they all rely safety, health and welfare of workers, shelves all year round. in Europe, Korea and Japan, the on a combination of good practice, and to make sure they are treated investment we’re generating in the fairly and with dignity. Our Northern Hemisphere harvest excellent product and documented industry, and the strong research currently makes up around 10 percent assurance to provide customer These compliance elements are a core and development and innovation of Zespri’s total production, and this is confidence. part of our broader Zespri System, partnerships we’re forging. expected to grow significantly along used to deliver the world’s best with demand. We’re investing in the skills and • Zespri growers are required to comply with the Good Agricultural kiwifruit to consumers worldwide. leadership needed for our industry for It ensures our customers know that Our global supply strategy means Practice (GAP) system, which the long-term future of our industry what they are buying is healthy, safe, an increasing number of consumers underpins all activities on the to ensure we have the leaders and orchard, from crop protection to grown in a sustainable manner and have greater access to our fruit and expertise to continue to deliver for looking after people and ensuring we of impeccable quality and nutritional its health benefits. It also allows us our communities. continue to protect the environment. standards. Fruit Taste | Quality | Convenience Inherent values Continuous Safe | Integrity | Sustainability Improvement culture Customer service Reliability of supply | Sales and marketing | Technical support | Market access and customer requirements The Zespri System is the knowledge, policies and processes that embody the Zespri Brand throughout the entire supply chain and consistently allows us to live up to our consumer promise. 9
Our Our Innovation Our ongoing commitment to Over the last decade, that programme Outlook We’re excited about the continued communities and environments thrive innovation enables us to create better has delivered outstanding returns growth we’re seeing for Zespri through the goodness of kiwifruit in ways of delivering value and meet and provided the platform for Zespri’s Kiwifruit, and are looking forward the years ahead. changing consumer needs through growth. This has been led by Zespri to helping even more people, the development of new products SunGold, a gold kiwifruit that is in and varieties. We’re also raising our huge demand and which Zespri owns On track for rapid growth: productivity sustainably, optimising the rights to, and licenses orchardists Forecast sales to 2025 our fruit quality, and protecting our to grow. Golds (NZ) Greens (NZ) Golds (ZGS) Greens (ZGS) industry from pests and disease. We’ve also recently announced the Central to our innovation programme commercialisation of an exciting is the joint investment we make with new Zespri Red Kiwifruit which has 236m our research partner, Plant & Food received incredibly positive reviews Research, in developing new kiwifruit from consumers around the world. 166m cultivars through the world’s largest kiwifruit breeding programme. *Note – Red kiwifruit is excluded from the above chart and numbers. We’re excited about exploring new cultivars through our natural breeding techniques. 10 11
OUR COMMITMENT TO Sustainability Having a brand that is recognisable across the globe. for what it stands for as much as for But we know there’s more for us to the quality of its fruit, demonstrates do. our unwavering commitment to making a difference day to day. Our consumers, communities and our environment expect this of us, as we Over the years, we’ve enjoyed do of ourselves. excellent growing conditions, the kiwifruit we produce is in demand We’re committed to succeeding in the around the world for its great taste right way – making sure we care for and the nutritional boost it offers, we our environment, our community and tread lightly on the land and as an our kiwifruit. That’s why we’re proud industry we’ve built strong, thriving of our bold sustainability targets and communities in New Zealand and commitments. 12 13
OUR Targets We’ve set out the following sustainability targets outlining the areas we’ll be focusing on. Environment Community We’re striving to address how • Demonstrating alignment of nutrient We want to make a positive • Ensuring every employee feels production, supply and sales impact inputs and losses to good practice contribution to peoples’ livelihoods valued, safe and supported in their on and enhance the environment, limits and wellbeing, through the returns jobs with a focus on packaging, water we provide to growers, the working • Using monitoring technology to • Attracting talent and continuing to quality and climate change. conditions we provide for our actively manage and demonstrate build a thriving workforce amongst people, and the contributions we Packaging their efficient use of water our value chain by 2030 make in our markets. • Our packaging will be 100 percent Climate Change • Partnering within communities on We will continue to lift our recyclable, reusable or compostable healthy lifestyle programmes in all • We will work with our partners to be employment standards so we attract by 2025 our major markets by 2022 carbon positive by 2035, achieving good people and care for them • Any plastic packaging we use will milestones of: appropriately. That means: be made from at least 30 percent • Zespri will be carbon neutral by recycled plastic by 2025 2025 • By 2030, we will reduce our packaging footprint by 25 percent • Our industry will be carbon Kiwifruit positive to retailers by 2030 per kg of fruit we produce meaning we will store more Through our kiwifruit we will promote • We will offer over six billion healthy Water carbon than we emit healthy eating and lifestyles, actively eating occasions to people around encouraging people to eat better and the world by 2025 Our industry’s water strategy is • By August 2021, we will report our live healthier. That means: focused on collectively enhancing climate risks and opportunities and and protecting our water resources. by December 2022 we will build an By 2025, all growers will be: industry-wide adaptation plan 14 15
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