Austevoll Seafood

Austevoll Seafood ASA (Austevoll) is a Norwegian group that owns and operates fishing vessels, salmon farms and fishmeal and fish oil processing plants across 18 countries. The group produces salmon, whitefish and pelagic products for human consumption, as well as fishmeal and fish oil. Through its ownership of Leroy Seafood Group, Austevoll produced almost 200,000 MT of farmed salmon & trout in 2019. Through its subsidiaries in Peru, Chile and Norway, Austevoll operates fishing vessels that in 2019 landed 328,000 MT of pelagic fish and 63,000 MT of whitefish.

Baseline assessment

Environment

Started the journey

Nutrition

Started the journey

Social inclusion

Started the journey

Summary

Austevoll Seafood recognises its role and responsibility as large fishing and aquaculture company across the dimensions, publicly disclosing commitments in all three. In the environment dimension, the company has policies on animal welfare, sustainable fishing practices and the use of high-risk commodities such as soya and palm oil in its salmon feeds. It also has commitments concerning GHG emissions, freshwater use, food waste and the use of plastics and packaging. The company can further improve in this dimension by developing publicly available time-bound targets and reporting on progress against them. In the nutrition dimension, Austevoll Seafood has a food safety policy, and its subsidiary Lerøy Seafood Group has a target to increase the level of fatty acids in its salmon products, improving their health-promoting content. However, the company can set further nutrition-related targets for topics like clear and transparent labelling and responsible marketing. In terms of social inclusion, Austevoll Seafood has a code of conduct that explicitly prevents child and forced labour in its own operations and supply chain and promotes health and safety. The company also discloses information about work-related injuries. It can improve its policies in this dimension by committing to pay a living wage and support smallholders.

Food and Agriculture Benchmark

The Food and Agriculture Benchmark will assess 350 keystone companies on the issues underpinning the food system transformation agenda. The benchmark’s aim is to stimulate companies to apply sustainable business practices throughout their operations as well as use their influence to encourage value chain partners to do the same. WBA has organised the food and agriculture value chain into six sub-sectors. These sub-sectors are also reflected in the methodology framework.

Food and agriculture revenue
NOK 23,342,000,000
(USD 2,652,500,000)
Major subsidiaries
Leroy Seafood Group, Austral, FoodCorp Chile, Pelagia AS, Birkeland Farming AS
Consumer brands
n/a

Value chain sub-sectors

Other benchmarks

The company is also included in the following benchmarks developed by WBA and our Allies. These benchmarks help to deepen our understanding on key issues and industries.