Skretting Sustainability Report 2022

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Stakeholder engagement and governance

We believe that engaging with internal and external stakeholders is key to ensuring we invest the right focus and effort in continuous improvement and dealing with the complex issues that face the future of sustainable food.

Our stakeholders

Through active conversations with several stakeholder groups, we benefit from their diverse perspectives as we explore our solutions. We identify our stakeholders as any group or individual that Nutreco and Skretting affects through our activities, products and services or who, in turn, may affect Nutreco’s ability to achieve its goals.

Using this definition, we recognise six main stakeholder groups: Employees, government, external platforms for specific sustainability topics, food retail and services, academia and NGOs.

Overview of stakeholder groups and their expectations, engagement and activities.


Concerns and expectations
  • What is the company strategy?
  • What is our financial performance?
  • What is the company going to do around cost cutting?
  • Do we need to close our factory?
  • How can I make an (international) career at Nutreco?
How we engage and how often
  • Regular (local) town hall meetings
  • Monthly broadcasted interviews with leadership
  • Nutranet (intranet) announcements
  • Divisional strategy updates (annual or biannual)
  • Annual European Works Council
  • Regular local Works Council


Concerns and expectations 
  • Protection of consumer and animal health
How we engage and how often
  • Showing leadership through continuous organisation of and participation in relevant stakeholder platforms, focusing on solutions
  • Launching nutritional solutions

Platforms for specific sustainability topics

Concerns and expectations
  • Deforestation for commodity production
How we engage and how often
  • Developing soy and palm sourcing policy in alignment with RoadMap 2025

Food retail and foodservice

Concerns and expectations
  • GHGs and novel ingredients
How we engage and how often
  • Engaging with supply chain to increase novel ingredients

Non-Governmental Organisations (NGOs)

Concerns and expectations
  • Overfishing ocean species for marine ingredients supply
  • Deforestation for soy commodity production.
How we engage and how often
  • Engaging in FIPs
  • Collaborating on platforms that address specific concerns


Concerns and expectations
  • R&D collaboration and validation of animal performance on circularity, health (AMR reduction) and welfare, and emissions reduction
How we engage and how often
  • Setting up or intensifying collaborative projects
  • Engaging with over 80 academic institutions around the world

Global stakeholder platforms


Logo MarinTrust.pngMarinTrust, formerly known as the Global Standard for Responsible Supply (IFFO RS) has become the leading independent business-tobusiness certification programme for the production of marine ingredients. Skretting is a member of the MarinTrust governance board. The main purpose of the standard is:

  • To ensure that whole fish used come from fisheries managed according to the
    FAO Code of Conduct for Responsible Fisheries.
  • To ensure no Illegal, Unreported and Unregulated (IUU) fishery raw materials
    are used.
  • To ensure pure and safe products are produced under a recognised Quality Management System, thereby demonstrating freedom from potentially unsafe and illegal materials.
  • To ensure full traceability throughout production and the supply chain.

Sustainable Fisheries Partnership

Logo sust Fisheries.pngSkretting is a sponsor of the Sustainable Fisheries Partnership (SFP). This non-profit organisation fills 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. Their work is organised around two main principles: making available up-to-date information on fisheries for the benefit of major buyers and other fisheries stakeholders; and using that information to engage all stakeholders along the supply chain in fisheries improvements and moving toward sustainability. SFP operates through two main principles: information and improvement.

Global Salmon Initiative

Logo Gsi.pngAn important way in which Skretting is helping advance the salmon sector is through its membership of the Global Salmon Initiative (GSI). In partnership, GSI salmon farmers and feed companies have committed to working precompetitively together to accelerate progress towards ever increasing standards of sustainability for the farmed salmon industry, and to driving progressive innovation in the feed sector.

Skretting is a proud Associate Member of GSI. These are organisations that have a shared interest in the continued growth and prosperity of the farmed salmon industry as well as a shared commitment to improving the sustainability of the sector.

Associate Members work closely with the GSI members on specific projects where shared knowledge and collaborative working will support accelerated progress.

ProTerra Foundation

Logo Proterra.pngSkretting is member of the ProTerra Foundation which is a not-for-profit organisation that advances and promotes sustainability at all levels of the feed and food production system. A commitment to full transparency and traceability throughout the supply chain and concern for corporate social responsibility and the potential detrimental impact of herbicide-resistant, genetically modified crops on ecosystems and biodiversity is at the heart of everything we do.

Independent third-party certification is central to the Proterra Foundation. ProTerra certification ensures that high quality supplies of crops, food, and feed are independently certified and produced with improved sustainability.

UN Global Compact

Logo United Nations GC.pngNutreco is a member of The United Nations Global Compact programme. This is a non-binding United Nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a principlebased framework for businesses, stating ten principles in the areas of human rights, labour, the environment and anti-corruption. Under the Global Compact, companies are brought together with UN agencies, labour groups and civil society. Nutreco has been a member since 2015.


Logo SeaBos.pngIn 2022, Skretting continued to be a key contributor to the Seafood Business for Ocean Stewardship (SeaBOS) initiative. CEOs from the 10 largest global seafood companies have joined forces through SeaBOS to create transformative change. The work is divided into 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.

Round Table on Responsible Soy

Logo RTSR.pngNutreco is member of the Round Table on Responsible Soy (RTRS), which is a civil organisation that promotes 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.

Roundtable on Sustainable Palm Oil

Logo RSPO.pngNutreco has been a member in good standing of the Roundtable on Sustainable Palm  il (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.

New York Declaration on Forests

Logo NY Global Platform.pngSkretting is a signatory of the New York Declaration on Forests (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: 40 governments, 20 sub-national governments, 57 multi-national companies, 16 groups representing indigenous communities, and 58 NGOs. These endorsers have committed to doing their part to achieve the NYDF’s 10 goals and follow its accompanying action agenda

Aquaculture Stewardship Counci

Logo ASC.pngEstablished in 2010, the Aquaculture Stewardship Council (ASC) is a robust and credible environmental/social standard in the farmed seafood sector. It currently has over 1.6 million tonnes of farmed seafood independently certified and compliant to the standard. 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

Global Aquaculture Alliance

Global Aq Alliance.pngSkretting 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.

It does this by providing resources to individuals and businesses worldwide who are associated with aquaculture and seafood. They improve production practices through partnerships with countries, communities and companies, as well as online learning and journalism that has an active readership in every country of the world.

Sustainable Shrimp Partnership

Logo SSP.pngSkretting 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.


Logo global gap.pngSkretting is member of GlobalGAP, 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.

European Feed Manufacturers’ Federation

Logo fefac.pngNutreco is a member of the European Feed Manufacturers’ Federation (FEFAC) Sustainability Committee, which meets two or three times each year in Brussels, Belgium, to address sustainability initiatives associated with the European feed industry.

A positive outcome of this committee was the roll-out of the FEFAC Soy Sourcing Guidelines, which lay out the minimum criteria that purchasing feed mills could incorporate when making their soybean, soybean meal and soy concentrate purchases.

The North Atlantic Pelagic Advocacy Group

Logo North Pelagic.pngThe 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 complex sustainability issues in the Northeast Atlantic Pelagic fisheries.

NAPA represents retailers, foodservice companies and suppliers from EU and non-EU countries with the shared aim of sourcing sustainable and certified seafood in order to supply a growing demand for eco-labelled fish products.

To achieve this, NAPA is seeking an agreement on total allowable catches for Northeast Atlantic Pelagic fisheries in line with scientific advice, and for a long-term science-based management agreement.

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.

Today, there are 132 company signatories to the SoS across agroindustrial, farming and food processing, finance, packaged consumer goods, retail and foodservice and other supporter groups. Its key focus in 2019-2020 is to support the activity of the Brazilian Grupo de Trabalho do Cerrado (GTC) by accelerating the transition to deforestation and conversion-free soy production and to share knowledge and action plans with key Chinese companies and stakeholders.

The Global Roundtable on Marine Ingredients

Logo Global roundtable.pngFounded in 2021, Skretting is a member of the Global Roundtable on Marine Ingredients. The initiative aims at taking action based around the framework of the UN Sustainable Development Goals. Additionally, it works to provide a single value chain contact point to contribute to existing platforms aimed at ensuring sustainable management of fisheries providing marine ingredients.

The Roundtable will foster and support precompetitive efforts by members to:

  • Identify and agree on ways to further improve the availability of sustainable marine ingredient materials.
  • Investigate the potential of new raw material sources, such as mesopelagic species and others.
  • Catalyse and support existing and new fisheries improvement projects.
  • Understand and address urgent social issues and enhance social responsibility in key fisheries and regions.
  • Maintain a global overview of the state of the resources and industry.

The first priority for the Roundtable is West Africa, where production of marine ingredients (both direct and through by-products) has grown dramatically over the last decade, and a number of economic and social  challenges have been identified. Southeast Asia is another geographic priority, where multispecies fisheries pose unique management challenges, and some fisheries are tainted by human rights and labour abuses. The Roundtable will also address other important topics such as life cycle assessments and potential new raw material sources.


Nutreco’s Sustainability function is led by the company’s CEO. The Corporate Sustainability Director reports to the CEO and chairs the Nutreco Sustainability Platform (NSP). The NSP is where the sustainability aspects of our strategy are developed, and where sustainability issues are addressed. It is made up of five individuals, three of whom represent the businesses.

The functional directors in the Trouw Nutrition and Skretting business lines are responsible for the implementation of sustainability activities aimed at achieving the targets set out in RoadMap 2025, working with teams in our businesses throughout the world.

Nutreco Corporate Sustainability Governance table

Double materiality

In anticipation of the sustainability reporting requirements outlined in the EU Directive in the CSRD, which will be in force for disclosures related to 2024, Nutreco decided in 2022 to move forward and perform a materiality assessment taking into account the double materiality principle. Double materiality in reporting accounts not only for how a company affects the environment and society, but also how the environment and society impact the company’s financial value. A sustainability topic meets the criteria of double materiality if it is material from the impact perspective (inside-out) and from the f inancial perspective (outside-in).

Through the double materiality assessment in 2022, we identified key internal and external stakeholders to engage in the different phases of the assessment. We considered a broad representation across geography, business line and relationship with Nutreco in order to reflect diverse internal and stakeholder perspectives through the process. We gathered input from these internal and external stakeholders about their prioritisation of sustainability topics through in-depth interviews and workshops.

In line with the double materiality principles, our discussion with stakeholders focused on both the impact and financial perspective of each topic. We identified the following highly material topics for Nutreco:

  • Efficient use of resources in animal nutrition
  • Animal health and AMR
  • Climate change
  • Product quality and safety
  • Circular novel and responsible raw materials
  • Biodiversity and ecosystems
  • Business ethics and transparency
  • Resilience to economic and political volatility

The results of our materiality assessment further confirm the areas of focus in our RoadMap 2025. In 2023, we will further implement the insights of our double materiality assessment into our 2025 RoadMap and sustainability strategy.