Null
Climate Impact & Sustainability Data (2016, 2018)
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainable Aquaculture
- Food Security
Environmental Achievements
- Reduced carbon footprint compared to conventionally farmed salmon due to land-based farming and reduced transportation
- AAS uses up to 25% less feed than conventional Atlantic salmon, reducing the need for wild fish in feed production
Social Achievements
- Development of all-female and sterile eggs for commercial production to prevent interbreeding with wild salmon
- Addressing food security concerns by providing a more efficient and sustainable way to produce salmon
Governance Achievements
- FDA approval in November 2015 for commercialization in the USA
- Health Canada approval in May 2016 for production and consumption in Canada
Climate Goals & Targets
Short-term Goals:
- Scale-up for commercial production with a capacity to produce 10 million eggs per year
Environmental Challenges
- Consumer acceptance of genetically engineered salmon
- Legal challenges to market entry
- Social/cultural barriers to market acceptance in the EU
Mitigation Strategies
- Extensive scientific research demonstrating the safety of AquAdvantage Salmon
- Addressing consumer concerns through education and communication
- Focusing on markets where consumer acceptance is higher
Supply Chain Management
Responsible Procurement
- Using plant meal and plant oil replacements in feed
Climate-Related Risks & Opportunities
Opportunities
- More efficient salmon production in a changing climate
UN Sustainable Development Goals
- SDG 2: Zero Hunger
- SDG 13: Climate Action
- SDG 14: Life Below Water
AquAdvantage Salmon contributes to food security, reduces the environmental impact of salmon farming, and promotes sustainable aquaculture practices.
Sustainable Products & Innovation
- AquAdvantage Salmon
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Environmental Impact
- Fish Welfare
Environmental Achievements
- Reduced carbon footprint compared to air-freighted salmon (for land-based production)
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Hydrogen sulfide (H2S) risk in RAS systems
- Securing skilled labor for land-based operations
- Early maturation of salmon
- Off-flavors in salmon
- Mass mortalities due to various issues
- Local resistance to fish farming (in traditional methods, impacting the overall sector)
Mitigation Strategies
- System design to reduce sludge gathering and improve cleaning
- Sensors to detect H2S at low levels
- Improved water quality control
- Optimized feed formulas
- Improved smoltification practices
- Purging/depuration systems (in some facilities)
- Methods to exclude off-flavor compounds
- Redundant systems to reduce risk of widespread outbreaks
- Biosecurity measures
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sourcing eggs from StofnFiskur (for Whole Oceans)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes
- Technological developments
- Market changes
- Reputational risks
Opportunities
- Increased resource efficiency
- New products and services
- New markets
- More resilient supply chains
Reporting Standards
Frameworks Used: Null
Certifications: ASC (for some companies)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed