BioMar Group has become the first aquafeed company to have its carbon reduction targets independently validated to meet the 1.5°C trajectory, which it said is currently the most ambitious designation available through the Science Based Targets Initiative (SBTi) process.
“As around 80% of the carbon emissions of aquaculture farming come from the feed, our customers expect BioMar to take ambitious steps quickly to reduce our emissions,” said Vidar Gundersen, Global Sustainability Director, BioMar Group.
In BioMar’s new 2022 Sustainability Report, it outlines the reduction targets validated by the SBTi initiative. In 2022, the total reduction was at 5.5% from the commitment to reduce emissions by one-third by 2030. Together with suppliers, it haslaunched improvement programmes to reduce environmental impacts and increase circular and restorative practices, as most of aquafeed’s carbon footprint comprises Scope 3 emissions related to the raw materials.
“Applied, science-based sustainability is a mantra at BioMar, and data quality is key. We have skilled global and local teams working with cutting-edge tools and methodologies for optimised sustainability solutions. We will all reach our targets sooner by collaborating together through the value chain,” said Vidar Gundersen.
In 2022, BioMar turned 60 years and celebrated this milestone by undertaking environmental and social community projects.
“We undertook the biggest strategy process in the history of BioMar. An outcome of our new strategy is to go beyond feed and hopefully pave the way for BioMar to become an even better solutions provider. Our new strategy, Above & Beyond, will guide our actions and initiatives until 2028. It is an ambitious strategy with exciting opportunities, and sustainability is no longer just a part of the strategy – it is the strategy,” said Carlos Diaz, CEO BioMar Group.
