Some terrific news this week out of Victoria with dairy giant Bega Cheese committing $25m toward sustainability initiatives. This exciting initiative showcases excellent leadership and foresight from one of Australia’s leading players in the dairy industry.
Executive Chairman, Barry Irvin said in a statement to the ASX this morning that Bega will commit up to $25m to develop strategies that strongly link the needs of the company to its suppliers. “With competition for milk expected to increase and a relatively static Australian milk supply, it is important to think about new approaches that encourage existing suppliers to invest and sustainably grow their milk supply and for the company to have longer term supply security which allows long term business growth objectives to be met,” the statement read.
NACC will follow developments with this story and in the wider dairy community. For the full article from Aoife Boothroyd in the Food Magazine click here.