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Skretting Sustainability Report 2018

A strong focus on the development and implementation of novel raw materials for commercial use in nutritional solutions, together with progress towards well-defined sustainability ambitions and aspirations that are aligned with a long-term strategy and the United Nations’ Sustainable Development Goals (SDGs) are some of the highlights presented in 2018 report.
Skretting Sustainability Report 2018
July 17, 2019

A strong focus on the development and implementation of novel raw materials for commercial use in nutritional solutions, together with progress towards well-defined sustainability ambitions and aspirations that are aligned with a long-term strategy and the United Nations’ Sustainable Development Goals (SDGs) are some of the highlights presented in Skretting’s Sustainability Report 2018.

As a result of a vision initiated decades ago, Skretting has kept innovating to provide sustainable solutions that allow a concrete contribution to the aquaculture industry’s license to grow. Hence, the edie Award received by Skretting for MicroBalance FLX in the category of Sustainability Product Innovation of the Year in 2018 is a recognition of the development of a nutritional solution that together with a unique combination of products, services and digital tools is helping farmers boost productivity, support animal health and minimize negative environmental impacts in an ethical and sustainable way.

The report also emphasizes the increasing focus of the company to develop novel raw materials together with different stakeholders in the value chain, from raw material suppliers to customers and retailers, to a stage where they can be implemented in commercial feed, a milestone that allowed Skretting to be the leading supplier to provide solutions with both algal oil and insect meals.

Another important element in this year’s report refers to the ongoing developments related to the participation in Fishery Improvement Projects, as well as community projects in Africa and Asia that are aimed at contributing to economic growth through partnership with local communities. “We focus our efforts to build food security in societies that have a need for high quality protein, and where fish production is largely consumed within the country. We’re proud of the way we are leveraging our competence to stimulate the growth of the local industries in the different regions in which we operate,” said Trygve Berg Lea, Skretting Sustainability Manager.

This year’s report also shines a spotlight on some of the dilemmas faced by Skretting and the aquaculture industry in general. “We believe it is in the interests of the entire value chain to be transparent. We do not claim to be perfect, however we are committed to facing the challenges and working with partners to ensure that we only get better,” adds Berg Lea.

The company said that the 2018 Sustainability Report was drafted according to the GRI Sustainability Reporting Standards and shows the continued commitment to sustainability reporting and UN SDGs.

Read full report here.