Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Commitment
• Relationships of Trust and Collaboration
• Efficiency and Creation of Value
• Innovation and Adaptability

Environmental Achievements

• Obtained the Carbon Footprint Reduction Certificate for San Vicente fishmeal plant.
• All facilities obtained the Carbon Footprint Measurement Seal.
• 31% reduction in antibiotic use since 2017.
• Recycled 396 tons of polystyrene from salmon transport boxes.
• Delivered 19,430 kg of unused fishing nets for recycling in 2020.

Social Achievements

• Launched Corona Tracer, a proximity sensor device to prevent COVID-19 infections.
• Donated 15 tons of jack mackerel and over 5 tons of hake to retirement homes.
• Participated in SalmonChile's “Committed to the South” initiative.
• Implemented telemedicine at the Talcahuano salmon plant and farming centers.
• Awarded 41 school scholarships to children of company workers.

Governance Achievements

• Signed a Sustainability Linked Loan with Rabobank and other banks.
• Average Board of Directors attendance rate of 99%.
• Established new Board Committees: Compensation and Leadership Committee, Corporate Affairs, Ethics and Sustainability Committee, and Strategy Committee.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic causing disruptions in production and logistics.
• Collapse of the Caicura salmon farming center due to a storm.
• 31% decrease in the average price of Atlantic salmon.
• Risk of cash surplus investments.
• Risk from sales operations.
• Risk of loans to artisanal shipowners.

Mitigation Strategies

• Implemented numerous COVID-19 prevention measures (approx. $7 million USD investment).
• Activated emergency protocols for the Caicura center collapse, including environmental monitoring.
• Extended operation of logistics centers to compensate for pandemic-related disruptions.
• Focused on sales to supermarkets in the salmon sector.
• Switched shipping companies and export ports for the fishing division.
• Increased use of chamber vessels for frozen mackerel.

Supply Chain Management

Supplier Audits: 140 suppliers evaluated in 2020

Responsible Procurement

• Compliance with Blumar’s Code of Business Conduct and Ethics.
• Contractor portal for efficient communication.
• Joint Labor Committees with contractor participation.
• Risk prevention and occupational safety approach.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Changes in oceanographic temperature or sea currents

Transition Risks

• Regulatory changes affecting the price and use of water
• Market risks
• Reputation risks

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (Core option), UN Global Compact

UN Sustainable Development Goals

• 2
• 3
• 4
• 6
• 8
• 9
• 12
• 13
• 14
• 17

Blumar's initiatives contribute to these goals through responsible resource management, community engagement, employee well-being, and sustainable production practices.

Sustainable Products & Innovation

• Anchovy fishmeal treated with natural antioxidants
• New design of aquaculture nets (patent granted)

Awards & Recognition

• ProPyme seal for Fishing division
• ProPyme seal for Salmones Blumar
• Huella Chile Carbon Footprint Reduction Certificate
• Huella Chile Carbon Footprint Measurement Seal

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced antibiotic use by 57% in salmon farming compared to 2017.
• Switched to 100% clean energy from renewable sources.
• Achieved 100% carbon footprint quantification seal from Huella Chile for all facilities.
• Received Huella Chile seal for greenhouse gas reduction at San Vicente fishmeal plant.
• Monterey Bay Aquarium Seafood Watch classified Magallanes Region Atlantic salmon as a "good alternative".

Social Achievements

• Launched Laguna Blanca brand of antibiotic-free, ASC-certified salmon.
• Celebrated 10th anniversary.
• Elected Bernardita Noguera as the first female director.
• Developed a community relations structure with concrete actions (open-door sessions, programs for elderly adults, initiatives with trade associations).

Governance Achievements

• First company in the industry to take out a syndicated Sustainability Linked Loan in 2020.
• Established a Committee on Corporate Affairs, Ethics and Sustainability.
• Participates in the Dow Jones Sustainability Index.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the COVID-19 pandemic.
• Climate change impacts (extreme weather, rising temperatures, ocean acidification).
• Disease control in salmon farming.
• Regulatory changes in fishing and aquaculture.

Mitigation Strategies

• Developed alternative sourcing strategies.
• Implemented a climate change strategy with emission reduction targets.
• Improved waste management and recovery strategies.
• Implemented disease prevention and control measures (vaccination, biosafety protocols).
• Ensured compliance with regulations.

Supply Chain Management

Supplier Audits: 154 suppliers evaluated in 2021

Responsible Procurement

• Code of Business Conduct and Ethics
• Supplier Management Policy
• ESG assessment integrated into value chain
• Support for local suppliers (70% of suppliers are local).

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels
• Sea water temperature rise
• Ocean acidification
• Harmful algal blooms

Transition Risks

• Environmental regulations on CO2 emissions
• Increased carbon tax
• Access to international markets
• Taxes at customs for imported goods
• Transition to a low-carbon economy

Opportunities

• Development of energy-efficient products and processes
• Opportunities in sustainable seafood markets

Reporting Standards

Frameworks Used: GRI Standards (Core option), UN Global Compact, IIRC principles, SASB (Sustainability Accounting Standards Board)

Certifications: HACCP (Sernapesca), ASC, BAP, BRC, IFS, Kosher, Halal, MSC

Third-party Assurance: PricewaterhouseCoopers (financial information only); Deloitte (GSI indicators)

UN Sustainable Development Goals

• SDG 13 (Climate Action)
• SDG 2 (Zero Hunger)
• SDG 3 (Good Health and Well-being)
• SDG 4 (Quality Education)
• SDG 6 (Clean Water and Sanitation)
• SDG 8 (Decent Work and Economic Growth)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 12 (Responsible Consumption and Production)
• SDG 14 (Life Below Water)
• SDG 17 (Partnerships for the Goals)

Blumar's initiatives contribute to these goals through various actions related to environmental protection, social responsibility, and economic development.

Sustainable Products & Innovation

• Laguna Blanca antibiotic-free salmon

Awards & Recognition

• Huella Chile quantification and reduction seals
• Global Compact recognition for "Integrated Multi-trophic Aquaculture" and "Blumar Circular Economy" initiatives.

Environmental Metrics

ESG Focus Areas

• Environmental Commitment
• Relationships of Trust and Collaboration
• Efficiency and Creation of Value
• Innovation and Adaptability
• Corporate Governance
• Gender Equality

Environmental Achievements

• Reduced scope 1 and 2 emissions since 2020
• 89% renewable electric energy in plants
• 86% of total waste recovered
• Reduced antibiotic use by 58% by 2027 (baseline year 2017)
• First water footprint measurement for salmon production

Social Achievements

• Creation of the Executive Gender Equality Committee
• Inauguration of the company’s first proprietary fish hatchery in Puyehue
• 100% of grievances resolved
• 2,018 employees participated in 98 trainings totaling 55,771 training hours
• Social investment of 830 USD
• 125 community projects benefiting 21,145 people

Governance Achievements

• Developed a Crime Prevention Model and a Free Competition Program
• 100% of employees covered by ACHS-certified health and safety system
• Second Integrated Report prepared according to CMF General Standard 461
• Reaffirmed commitment to UN’s Sustainable Ocean Principles

Climate Goals & Targets

Environmental Challenges

• Reducing antibiotic use in salmon farming
• Managing waste effectively
• Reducing carbon footprint
• Maintaining sustainable water usage

Mitigation Strategies

• Implementation of the Energy Management System
• New elements included to optimize waste management
• New ESG commitments by 2030 (reduce scope 1 and 2 carbon footprint by 30%, maintain antibiotic reduction above 60%, recover at least 90% of waste)
• Efficient and sustainable water management, promoting reuse and recirculation

Supply Chain Management

Supplier Audits: 100% of critical suppliers evaluated (502 total)

Responsible Procurement

• Preference for local suppliers (80% local suppliers)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CMF General Standard 461, UN Global Compact, UN Women’s Empowerment Principles, Science Based Target initiative (SBTi)

Certifications: ASC, BRC, IFS, BAP, HACCP, Halal, MarinTrust

Awards & Recognition

• Sustainable Salmon Award in “Community Commitment” category for the Potable Water Project on Huar Island
• Salmon Sustainability Award for “Professional achievement”
• Salmon Sustainability Award for “Community Commitment”

Environmental Metrics

ESG Focus Areas

• Sustainable Packaging
• Climate Change
• Circular Economy

Environmental Achievements

• Reduced the thickness of film in fresh salmon fillet packaging by 39%, resulting in a 52-ton reduction in plastic used over 12 months.
• Switched to salmon boxes made with 100% recycled raw material, representing 59% of total weight in 2023, with a goal of 66% in 2024.
• Reduced the weight of corrugated cardboard boxes used for private label salmon products by 7% and working towards 100% recycling in 2023.

Social Achievements

• Educating and training workers on eco-design and conscious packaging decisions.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Reducing the amount of packaging used while maintaining food safety standards.
• Finding sustainable alternatives to plastic packaging without compromising product quality and safety.

Mitigation Strategies

• Prioritizing reusable packaging.
• Using recycled or reusable materials where unavoidable.
• Seeking alternative packaging solutions that reduce materials, reuse, recycle, compost, and prioritize renewable and certified materials.
• Forging alliances with suppliers and research organizations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Forging alliances with suppliers to meet sustainability goals.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed