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Skretting Sustainability Report 2021

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Food systems and planetary challenges

For food systems and planetary challenges to be sustainable, they must be developed in a way that generates simultaneous positive value in the economic, social and environmental dimensions. Food systems around the world are therefore expected to meet the "triple challenge".

Carbon tunnel vision graphic

The first challengeis to ensure food security and nutritionfor all, considering that theworld's population is expected to reach almost 10 billion people by 2050, which means that we need to produce 60% morefood than today.

The second is to achieve this while ensuring environmental sustainability, which is determined by ensuring that the impacts of food system activities on the surrounding natural environment are neutral or positive, especially considering that food systems account for around 21-37% of global GHG emissions.  

The third is to provide livelihoods for farmers and promote rural development. A food system is considered sustainable when there is equity in the distributionof economic valueadded, taking into account vulnerable groups categorized by gender, age, race, etc. Food system activities must contribute of fundamental importance to the advancement of relevant socio-cultural conditions. outcomes, such as nutritionand health, traditions, working conditions and animal welfare.

By 2050 we need to produce 60% more food than we do today.

Our approach

One of the hottest topics in the industry today is related to environmental impact. This is an area where aquafeeds play a key role, as they can account for up to 80% of aquaculture carbon emissions. Currently, one of the main implications of this is that stakeholders evaluate the sustainability of specific foods and ingredients by their carbon footprint, thus falling into the trap of "carbon tunnel vision". However, sustainability is multidimensional, and we need to examine the different trade-offs that ingredients bring, as well as other environmental and social impacts beyond the carbon footprint.

To help readers of this report better understand how we approach our impacts, we explain in detail the main stages of the fish and shrimp feed life cycle with a description, our main challenges and examples of food.

We urge you to read this report and to cooperate with us; Help us improve and join our vision of driving the path to an even more sustainable aquaculture industry.

Kids eating salmon

Following

The role of blue foods

On a global scale, blue foods – the diversity of aquatic species and products from the oceans and freshwater – play a critical role in ending human malnutrition and building a healthy, sustainable and resilient food system. In addition to providing food and nutrition security for billions of people and being a vital provider of livelihoods, economies, and cultures for many coastal states, many blue foods are produced in ways that are more environmentally sustainable than terrestrial foods.

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