Commitment to sustainable fisheries and aquaculture
SalMar has several KPIs with set targets related to its salmon farming. It also has a time-bound target that by 2025 all its sea farms must be certified by either the Aquaculture Stewardship Council (ASC) or Debio, and it reports against this target. Although SalMar reports that 99% of the marine ingredients in its aquaculture feed come from certified sources, it can improve its reporting by setting a time-bound target for its marine ingredients, as well as disclosing the proportion of marine ingredients that are certified by the different standards the company refers to.
Antibiotic use and growth promoting substances
SalMar has set a target of not using antibiotics anymore. In 2019 the company reported using antibiotics, but none were used at its farming operations in Norway and Iceland in 2020. The company has demonstrated good progress in this regard, but it can further improve by making its target time-bound so that it can be held accountable. It could also specify that this target refers to antibiotic use for prophylactic measures and growth promoting substances, as well as to medically important antimicrobials.
SalMar has a target to work towards zero sea lice, and it reports against this target. The company also discloses its anti-lice strategy, which includes non-medicinal treatments and preventive measures. However, compared with its peers, the company can improve on this topic by sharing metrics about the use of medicines across 100% of its operations and report about the use of non-medicinal treatments and preventive measures.
Ecosystem impact of fisheries
While SalMar does not have fishing activities, it does have marine ingredients in its supply chain through the feed it uses for salmon farming. The company addresses ecosystem impacts of the fisheries for its feed use by sourcing feed with marine ingredients from certified sources, and it reports that 99% of these ingredients originate from fisheries that are certified in accordance with the Marine Stewardship Council (MSC), MarinTrust or an equivalent standard. With this reporting, the company demonstrates good performance in the use of sustainable marine ingredients. However, it has an opportunity to further improve its reporting by disclosing the proportion of marine ingredients that are certified by the different standards the company refers to.
Prevention and mitigation of escapes
While SalMar works towards zero escapes, the company reports that 11 incidents occurred in 2020 in which more than 9,000 salmon escaped. To reduce the risk of escapes, the company is working on improving the net pens of its facilities. Although it mentions that authorities were informed of the incidents and remedial measures have been implemented, the company can, as some its peers are doing, improve clarity on which specific measures were taken for each outbreak.