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BioMar exceeds target KPIs for raw materials

According to BioMar’s recently released Integrated Sustainability Report, four out of five KPIs for raw materials have reached their 2020 targets three years ahead of schedule. These KPIs included 100% certification of all soy protein, krill and palm oil and 70% of all fishmeal and fish oil. While soy protein remains on track to achieve its 2020 objective, all other ingredients have met or exceeded expectations. BioMar will now increase targets for fishmeal and fish oil to 80% certified material by 2020. “Sustainability in the aquaculture industry begins with the feed and in BioMar we believe it is our responsibility to provide our customers with innovative, high performance feed solutions that also reduce the impact on our environment.”

June 28, 2018

BioMar’s Integrated Sustainability Report is a comprehensive report that is aligned with the UN Sustainable Development Goals and prepared referencing the Global Reporting Initiative guidelines. It gives transparency on BioMar operations not only with their sustainability KPIs but their finances and growth ambitions. The report takes an in-depth look at the role and importance of traceability and data analytics in the future of sustainable aquaculture.     

“Sustainability in the aquaculture industry begins with the feed and in BioMar we believe it is our responsibility to provide our customers with innovative, high performance feed solutions that also reduce the impact on our environment”, said Carlos Diaz, CEO BioMar Group.

In 2015 BioMar addressed the sustainability of their raw materials by setting targets for the use of certified products. These KPIs included 100% certification of all soy protein, krill and palm oil and 70% of all fish meal and fish oil. While soy protein remains on track to achieve its 2020 objective, all other ingredients have meet or exceeded expectations. BioMar will now increase targets for fishmeal and fish oil to 80% certified material by 2020. 

“Sustainability and responsible sourcing is an ongoing challenge. To continue to be leaders in sustainability we will look to set even more demanding targets beyond 2020 that will help drive us to new heights”, stated Carlos Diaz.    

By the end of 2018, BioMar will have finalized a full source-to-market sustainability rating of their entire raw material portfolio. This comprehensive assessment tool will enable them to steer their raw material purchasing toward more sustainable solutions, and enable aquaculture farmers and the wider value chain to have a more complete understanding of the sustainability of every raw material found in aquaculture feed.

Click here to view the report

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