Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Seafood
• Worker Welfare
• Environmental Impact
• Community Engagement

Environmental Achievements

• Initiated lighting upgrade programs at two facilities, projected to save more than 800,000 kWh of electricity annually.
• Implemented an eco-friendly alternative to poly-coated SBS boxboard in Lunenburg, diverting approximately 612 tons of cardboard from landfill annually.
• Had no compliance citations and no recordable environmental releases in 2016.

Social Achievements

• More than 75% of the seafood purchased in 2016 was covered by a social audit.
• Launched a philanthropy mission, donating $834,000, including $572,000 in High Liner Foods products and $133,000 to hunger relief organizations.
• Named among Top Employers in Atlantic Canada and Nova Scotia for several years.
• Introduced a new approach to performance management focusing on future performance and employee development.

Governance Achievements

• Established an Environmental Steering Committee reporting to the Audit Committee of the Board of Directors.
• Implemented a Supplier Code of Conduct (SCOC) with social compliance guidelines based on national and international standards.
• Ranked among the top 50 most highly regarded companies in Canada in the Reputation Institute’s 2016 Canada RepTrack® 50.

Climate Goals & Targets

Environmental Challenges

• Maintaining 100% responsibly sourced seafood due to the dynamic nature of sustainability and emerging challenges.
• Increasing seafood consumption while ensuring sustainable practices.
• Addressing upward trending incident rates at one plant in 2016.

Mitigation Strategies

• Continuously working with suppliers to improve practices and increase responsibly sourced seafood.
• Engaging in fishery improvement projects (FIPs) and aquaculture improvement projects (AIPs).
• Implementing safety initiatives such as hiring a safety coordinator, running the SafeStart program, adding weekly staff walkabouts, appointing safety champions, and developing a buddy system for new hires.

Supply Chain Management

Supplier Audits: More than 75% of seafood suppliers audited in 2016

Responsible Procurement

• Supplier Code of Conduct (SCOC) establishing social compliance guidelines
• Rigorous criteria for responsibly sourced seafood, including MSC and ASC certifications

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Guidelines (planned for future reports)

Awards & Recognition

• Grand Champion Award from SeaWeb (2015)
• Ranked top seafood company in North America and one of the top 10 worldwide for global sustainability reporting and transparency (2015)

Environmental Metrics

ESG Focus Areas

• Responsible Sourcing
• Our People and Communities
• Protecting the Environment

Environmental Achievements

• Introduced new metrics around Material Loss and Line Efficiency to better track and improve performance in managing seafood resources and energy use.
• All manufacturing locations recycle corrugated cardboard, paper, plastic, metal and food waste.
• Food waste is diverted to animal consumption or compost rather than landfill.

Social Achievements

• Achieved One High Liner Foods (ONE HLF) initiative, uniting operations and focusing efforts on sustainability and corporate citizenship.
• Improved gender diversity: 30% of Board of Directors are women, 26.7% of executive and senior management are women, 35.7% of North American workforce are women.
• 20% decrease in recordable injuries compared to 2018.

Governance Achievements

• Environmental Steering Committee oversees environmental topics and reports to the Audit Committee of the Board of Directors.
• Updated Supplier Code of Conduct (SCOC) to include ingredients, packaging and services.
• Implemented a risk-based system for supplier evaluation.

Climate Goals & Targets

Environmental Challenges

• Meeting customer demand for certain species while maintaining responsible sourcing practices.
• Balancing the need for cost-effective products with the demand for certified sustainable seafood.
• Managing waste effectively across operations.

Mitigation Strategies

• Working with suppliers and customers to increase the supply of responsibly sourced seafood.
• Engaging a third-party consultant to identify further opportunities for productive use of food waste.
• Optimizing packaging materials for better recyclability.

Supply Chain Management

Supplier Audits: 98% of all HLF seafood purchases were covered by an HLF required social audit

Responsible Procurement

• Supplier Code of Conduct (SCOC)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB (Sustainability Accounting Standards Board) Standards: Food and Beverage – Processed Foods Standard, GRI (Global Reporting Initiative) Standards (committed to reporting in 2020)

Sustainable Products & Innovation

• Alaska Wild Wings

Awards & Recognition

• Ecovadis 2018 Silver
• 29th on Corporate Knights’ 2019 Best 50 ranking
• Atlantic Canada’s Top Employers 2019
• Nova Scotia’s Top Employers 2019

Environmental Metrics

ESG Focus Areas

• Responsible Sourcing
• People and Communities
• Protecting the Environment

Environmental Achievements

• 2.29 million lbs of food waste reduction
• Initiated a capital project to adopt energy-efficient lighting across all facilities

Social Achievements

• Launched an ambitious waste reduction initiative
• Improved water conservation record
• Delivered 87% of 10 million meals over 10 years to alleviate hunger in communities
• Offered extensive wellness and mental health support and expanded career development initiatives
• Introduced a new Diversity, Equity and Inclusion Committee
• $1,671,428 in community support through donations and products

Governance Achievements

• Strengthened Board oversight of EESG performance
• Continued to work with Stronger America Through Seafood (SATS) to promote a strong, sustainable U.S. aquaculture industry
• Joined the Ocean Disclosure Project (ODP)

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting supply chains and on-site audits
• Fluctuations in environmental performance due to changes in customer demand and supply chain factors
• Extreme weather and other climate change effects potentially disrupting supply chains

Mitigation Strategies

• Used virtual tools and other approaches to maintain high standards during COVID-19 disruptions
• Enhanced Supplier Code of Conduct
• Diversified processing apparatus in Asia
• Developed a new three-year EHS strategy
• Initiated a new safe behavior campaign

Supply Chain Management

Supplier Audits: 98% of raw material sourced from audited suppliers

Responsible Procurement

• Supplier Code of Conduct (SCOC)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Reporting Standards

Frameworks Used: SASB Standards: Food and Beverage — Processed Foods Standard, GRI Standards

Environmental Metrics

ESG Focus Areas

• Responsible Sourcing
• People and Communities
• Environment

Environmental Achievements

• 7% decline in water intensity since 2021
• 1.8% reduction in GHG emissions compared to 2021 baseline
• Food waste was 23% less than in 2018
• 600,000 pounds of waste diverted from landfills in Newport News, VA

Social Achievements

• Enhanced well-being program with better health, wealth, and mind pillars
• 1% increase in employee engagement after six months using pulse surveys
• Launched “HLF Women in Leadership” spotlight series
• $255,780 in community support through donations and products
• 10,000,000 Hunger Mission meals achieved
• Employees volunteered nearly 1,500 hours in 2022

Governance Achievements

• Updated Supplier Code of Conduct in 2021
• 98% of raw materials sourced from audited suppliers
• 10% weighting on sustainability goals in Executive Short-Term Incentive Plan

Climate Goals & Targets

Environmental Challenges

• Significant challenges in the global supply chain
• Increase in safety incidents (18 in 2022 vs 16 in 2021), although severity decreased
• Did not meet safety target in the past two years

Mitigation Strategies

• Developed and implemented a safety improvement plan in late 2022
• Diversification programs exploring local species and strategic supply relationships
• SafeStart® training extended to all salaried employees

Supply Chain Management

Supplier Audits: 98% of raw materials sourced from audited suppliers

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions and natural disasters impacting seafood supply

Reporting Standards

Frameworks Used: SASB (Sustainability Accounting Standards Board), GRI (Global Reporting Initiative)

Awards & Recognition

• Canada’s Top 100 – Atlantic Canada and Nova Scotia Top Employer 2023
• Cigna Healthy Workforce Designation – Bronze Level

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• 3% reduction in Scope 1 and Scope 2 emissions (compared to 2021)
• 13% reduction in food waste (compared to 2018)
• 96% of seafood was responsibly sourced (2022: 96%)
• Completed first Scope 3 emissions inventory

Social Achievements

• Updated Supplier Code of Conduct with stronger provisions to address modern slavery risks
• Increased employee engagement (72% to 76%)
• Named one of Canada’s Most Admired™ Corporate Cultures of 2023
• 1,500 volunteer hours donated by employees

Governance Achievements

• 100% of raw materials sourced from audited suppliers (2022: 98%)
• 100% employee Code of Conduct compliance
• Annual review of governance structures and practices by the Board of Directors

Climate Goals & Targets

Environmental Challenges

• Food waste intensity increased from 3.5% in 2022 to 4.0% in 2023
• Climate change threats to communities, ecosystems, and economies
• Scope 3 emissions are difficult to manage directly
• Changing weather patterns, unpredictable seafood migration, geopolitical environment, updated regulatory requirements, and ever-changing customer needs

Mitigation Strategies

• Established a Continuous Improvement team to identify food waste reduction opportunities
• Established a “30 by 30” goal to reduce Scope 1 and Scope 2 emissions by 30% by 2030
• Created a Scope 3 Inventory Management Plan (IMP) aligned to the GHG Protocol
• Partnered with Manifest Climate to help identify gaps in climate-related disclosures and adopt peer-benchmarked policies

Supply Chain Management

Supplier Audits: 100% of seafood purchases covered by required social audit

Responsible Procurement

• High Liner Foods Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Changing weather patterns, unpredictable seafood migration

Transition Risks

• Regulatory changes, market shifts

Reporting Standards

Frameworks Used: SASB, GRI

UN Sustainable Development Goals

• Goal 12.3 (Halve per capita food waste by 2030)
• Goal 7 (Affordable and clean energy)
• Goal 13 (Climate action)

Sustainable Products & Innovation

• Southern Blue Whiting

Awards & Recognition

• Giga Guru status within Walmart’s Project Gigaton
• Canada’s Most Admired™ Corporate Cultures Award
• Dalhousie Top Co-op Employer Award
• Nova Scotia Top Employer Award