Skretting sustainability report 2020

Our migration towards a more sustainable future

Key stakeholders

Stakeholder engagement is the key starting point for a company, not only in terms of its sustainability reporting cycle, but also as a means to connect to its business strategy and demonstrate how a company is responsive to the legitimate needs and concerns of its key stakeholders. Stakeholder engagement is a key component that drives sustainability within Skretting. 

Individual

Consumers

Consumers often have important input about the sustainability of food production systems and they represent an important force in changing behavior in the food chain. They will also heavily influence the attitude of retailers and our customers when it comes to sustainability issues.

Employees

Our people are important to us. Our company has many programmes to ensure personal development opportunities and a safe and healthy work environment. We have regular business updates and our intranet “Nutranet” provides regular update of events.

Social and economic

Local community

Supporting local communities will secure the long-term prosperity of Skretting. Our policies and practices can create economic value in a way that also creates value for society by addressing its needs and challenges.

SHV

SHV, the owner of Nutreco and Skretting, has ambitions within the area of sustainability and have clear requirements to the sustainability performance of the companies they own and finance.

Value chain

Retailers

In many ways, retailers echo the demand and wishes of the consumer. They influence us in many ways. They set requirements to our customers and they often demand extensive documentation of our sustainability performance - for example through certification or private specification and audits.

Farmers

Our customers are companies that produce aquaculture species typically for human consumption as seafood. Our company provides feed and in addition technical assistance through our service team and customer events. Information is made available via our website, customer magazines and we facilitate engagement through global forums, meetings and site visits.

Suppliers

Our procurement department is actively engaged with our raw materials suppliers on a daily basis. We also have strategic engagement activities and workshops with suppliers and potential suppliers to identify opportunities or improvements within the supply chain. Suppliers are also invited to take part in the AquaVision conference.

Environmental

Legislating bodies

Governments are active in updating and developing new environmental legislation. We engage with government through our association with leading industry bodies. Our employees also give advice to government bodies on a variety of issues such as aquaculture feed legislation and issues relating to food safety.

NGOs

Governments are active in updating and developing new environmental legislation. We engage with government through our association with leading industry bodies. Our employees also give advice to government bodies on a variety of issues such as aquaculture feed legislation and issues relating to food safety.

Technical

Research institutes

We cooperate with many research institutes in the area of sustainability. For many years we have worked on reducing the dependency of marine raw materials. In later years more work has been dedicated towards reducing carbon emissions and deforestation. Research institutes develop new knowledge and methodology in these areas that we can use in our work.

Global stakeholder platforms

MarinTrust

MarinTrust, formerly known as the Global Standard for Responsible Supply (IFFO RS) has become the leading independent business-to-business certification programme for the production of marine ingredients. Skretting is a member of the governance board.
ABOUT MARINTRUST

Sustainable Fisheries Partnership (SFP)

Skretting is a sponsor of the SFP, a non-profit organisation filling a specific gap between industry and the marine conservation community, utilising the power of the private sector to help less well-managed fisheries meet the environmental requirements of major markets.
ABOUT SFP

Global Salmon Initiative (GSI)

In partnership, GSI salmon farmers and feed companies have committed to working pre-competitively together to accelerate progress towards ever increasing standards of sustainability for the farmed salmon industry, and to driving progressive innovation in the feed sector.
ABOUT GSI

The ProTerra Foundation

Skretting is member of the ProTerra Foundation, a not-for-profit organisation that advances and promotes sustainability at all levels of the feed and food production system.
ABOUT PROTERRA

UN Global Compact

Nutreco is a member of The UN Global Compact program; a non-binding UN pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. In 2019, Skretting was one of the first companies to sign the UN Global Compact Sustainable Ocean principles as one.
ABOUT UN GLOBAL COMPACT

SeaBOS

SeaBOS comes from a series of Keystone Dialogues between scientists and seafood companies. CEOs from the 10 largest global seafood companies have joined forces to create transformative change through five task forces: (1) Illegal, Unreported and Unregulated (IUU) Fishing & Modern Slavery, (2) Transparency and Traceability, (3) Improving Regulations, (4) Internal Governance and (5) Innovation.
ABOUT SEABOS

The Round Table on Responsible Soy (RTRS)

Nutreco is member of RTRS, a civil organisation promoting responsible production, processing and trading of soy on a global level. RTRS encourages current and future soybean to be produced in a responsible manner to reduce social and environmental impacts while maintaining or improving the economic status for the producer through the development, implementation and verification of a global standard.
ABOUT RTRS

Roundtable on Sustainable Palm Oil (RSPO)

Nutreco has been a member in good standing of RSPO since near its inception. Committed to this multi-stakeholder platform, we purchase green palm certificates for all our palm oil products excluding kernel oil.
ABOUT RSPO

New York Declaration on Forests (NYDF)

Skretting is a signatory of NYDF, which is a voluntary and non-binding international declaration to take action to halt global deforestation. It was first endorsed at the United Nations Climate Summit in September 2014, and by October 2017 the NYDF supporters grew to include over 191 endorsers who have committed to doing their part to achieve the NYDF’s 10 goals and follow its accompanying action agenda.
ABOUT NYDF

Aquaculture Stewardship Council (ASC)

Established in 2010, the ASC is a robust and credible environmental/social standard in the farmed seafood sector. Nutreco’s Sustainability Director sits on the Supervisory Board of the ASC. Currently Skretting is a member of the steering committee overseeing the work related to develop an ASC Feed Standard.
ABOUT ASC

Sustainable Shrimp Partnership (SSP)

Skretting is a founding member of the Sustainable Shrimp Partnership (SSP), a group of leading companies who share one mission: to make shrimp aquaculture a clean, stable, and successful practice for the world. In order to reach that goal, the leaders have set a clear and ambitious plan to elevate the whole sector to the next level.
ABOUT SSP

Global Aquaculture Alliance

Skretting is a member of the Global Aquaculture Alliance (GAA), an international non-profit organisation that promotes responsible aquaculture practices through education, advocacy and demonstration. For over 20 years, GAA has demonstrated a commitment to feeding the world through responsible and sustainable aquaculture.
ABOUT GAA

GlobalGAP

Skretting is member of GlobalGAP which is an organisation that has developed criteria for food safety, sustainable production methods, worker and animal welfare, and responsible use of water, compound feed and plant propagation materials. Skretting is also a member of the technical committee that oversees the GlobalGAP aquaculture standard.
ABOUT GLOBALGAP

European Feed Manufacturers’ Federation (FEFAC)

Nutreco is a member of the FEFAC Sustainability Committee, which meets two or three times each year in Brussels to address sustainability initiatives associated with the European feed industry.
ABOUT FEFAC

Cerrado Manifesto Statement of Support Group

Established in 2017, Nutreco was one of 23 founding member signatories to the Cerrado Manifesto Statement of Support Group (SoS). The SoS has become the world’s largest business-driven group calling for immediate action in defence of the Cerrado by supporting local and international stakeholders.
ABOUT CERRADO

The North Atlantic Pelagic Advocacy Group (NAPA)

The North Atlantic Pelagic Advocacy Group (NAPA) was created as a sector wide, multi-stakeholder initiative of partners to build a shared, global and non-competitive solution to sustainability issues in the North East Atlantic Pelagic fisheries complex.
ABOUT NAPA

In this section

Our operations and role
Certifications in Skretting
Key stakeholders
Governance
Materiality

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