GLOBAL SALMON INITIATIVE STRENGTHENS CLIMATE COMMITMENTS ANNOUNCING NEW AMBITIOUS TARGETS AS PART OF ADVANCED VISION FOR THE FUTURE
Reaching beyond initial ASC certification ambitions, to establish salmon farming as the leading provider of sustainable, climate-friendly and nutritious food
London, UK: July 14, 2020, 08:00 BST: The Global Salmon Initiative (GSI) today announces its advanced vision for the future. Building on the group’s strength in applying collective knowledge and expertise to accelerate improvements in sustainability performance, the GSI is introducing new projects to address global challenges in climate, food and nutrition security to further cement the farmed salmon industry as the global leader in producing sustainable and nutritious protein. New projects include establishing a reporting framework of industry and supply chain climate impact, in collaboration with the World Wildlife Fund (WWF). This is the first-of-its-kind in the food sector and will be used to enhance climate mitigation strategies across production and the supply chain. As well as new projects promoting responsible plastic use, and the development and integration of circular economy approaches to support a healthy and resilient food system.
“Earlier this year WWF described GSI as the ‘leading example of industry transformation’ and it is our job to build on that reputation through continuous improvement,” said new GSI Co-Chair, Regin Jacobsen, CEO of Bakkafrost. “The progress made to date under the GSI leadership is unprecedented, but now is not the time to rest on our laurels. We are all facing the huge challenges which continue to emerge on climate, biodiversity and food security. But by continuing to work together to address these challenges and share innovation, salmon farming can be part of the solution in providing healthy and sustainable food.”
“GSI has always been a leading example of change,” added Jason Clay, Senior Vice President of Markets at WWF. “No other group works at GSI’s industry-wide level or produces the same kinds of impact at a global scale. Their initial focus on ASC certification and biosecurity was ambitious and it is great to see the progress they made. While we don’t want this work to stop, we strongly support the GSI’s decision to start working on new initiatives. Climate impacts and carbon reporting are critical elements of food production. We know aquaculture will play a significant role in future food systems. Only GSI has a track record of working together to solve industry-wide problems. It is great to see them lead in this space. We need to document what GSI does and how they do it so others can follow.”
When reviewing the world’s challenges, climate change, circular economy approaches and reliance on plastics were identified as the areas where GSI members could collectively have the biggest impact.
Alongside the enhanced new focus on climate change mitigation, circular economy and plastics, the GSI is strengthening social impact initiatives through transparently reporting on expanded social metrics in the annual Sustainability Report.
The GSI was established in 2013 by leading industry CEOs committed to helping feed the world in a healthier, more sustainable way through advancements in responsible salmon farming.
GSI’s achievements to date:
“Being a member of the GSI means being committed to continuous improvements in sustainability performance and being at the forefront of driving the farmed salmon industry on the right path for the future. To do so we must evolve. And as we reviewed our progress to date, we felt that now was the time to use the momentum we have built and set new and more ambitious targets,” added Gerardo Balbontin, GSI Co-Chair and CEO Blumar.
As with any organization, there are moments of evolution and members decide to take their own journey. As we announce this new vision, it is noted that Mowi has decided that the time is right for them to take their own independent path.
“Mowi has contributed a great deal to GSI, and we are confident that they will continue on the course that GSI set for the industry towards greater sustainability and transparency,” said Gerardo Balbontin. “At the same time, it is important that the GSI moves forward with ever more ambitious goals and that is what we are announcing today. We have identified the areas where we see the greatest need for industry action, and where we believe our model of working will drive the greatest progress.”
The global farmed salmon industry is still young and expanding quickly to meet growing demand. Amid this growth, the GSI’s role is to ensure the industry continues to advance its strong sustainability progress while enhancing farmed salmon’s nutritional profile for consumers.
The Global Salmon Initiative (GSI) is a leadership initiative established in 2013 by global farmed salmon producers focused on making significant progress on industry sustainability. Today, the GSI comprises 21 companies that are fully committed to realizing a shared goal of providing a highly sustainable source of healthy food to feed a growing global population, whilst minimizing our environmental footprint, and continuing to improve our social contribution.
GSI member companies are Australis Seafoods S.A.; Bakkafrost; Blumar; Cermaq; Salmones Camanchaca SA; Empresas AquaChile; Grieg Seafood ASA; Multiexport Foods S.A.; New Zealand King Salmon; Nova Sea AS; Salmones Austral; Tassal; and Ventisqueros. GSI companies have a presence in Australia, Canada, Chile, the Faroe Islands, Ireland, New Zealand, Norway and the UK, and make significant contributions to the economies of these respective countries.
The GSI also has a number of supply chain Associate Members in both the pharmaceutical and feed industries, including Benchmark Holdings plc; BioMar; Cargill; Elanco; Merck, Sharpe and Dohme (MSD) Animal Health; PHARMAQ; Salmofood; and Skretting.
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