Impact Report 2023

Welcome to our first Impact Report, which showcases the most relevant developments on our sustainability journey during 2023! Switching from a Sustainability Report to an Impact Report is not just a change of name, but an acknowledgement that anything we do has an impact both on the environment and society. And we want to be accountable for that.

Read the full report here (PDF)

And what more do we need to do better together, in order to create positive winds of change?

We are releasing our first-ever Impact Report for 2023, building upon the theme of transparency that was the focus of our 2022 Sustainability Report. Just two years away from reaching the milestone year of 2025 for the targets set out in our Sustainability RoadMap, we are taking an honest and critical look at our progress and what still needs to be improved.

There are notable achievements in 2023. While scope 1 and 2 (energy, water and waste) emissions increased by 4.1% between 2018 and 2023, scope 3 emissions (feed raw materials) decreased by 11.1% in the same timeframe, leading to a total carbon footprint reduction over all three scopes by 10.4%.

“The report shows not only our global absolute greenhouse gas emissions, but also the main drivers per business unit and within our main species. We are continuously increasing our knowledge and will keep reducing our impact through efficiency improvements, better data quality, changes in raw material compositions and sourcing,” says Bastiaan van Tilburg, Skretting’s CEO.

Recognising that suppliers play a critical role in facilitating the production of sustainable seafood, Skretting has partnered with EcoVadis, a globally recognised sustainability rating platform. By using EcoVadis, Skretting is getting better insight into its suppliers’ sustainability initiatives – particularly those who operate in regions or industries where sustainability risks are more prevalent – identifying areas for improvement in order to catalyse positive change throughout its supply chains.

Although the milestone was obtained in January 2024, the report also highlights Skretting Chile’s achievement as the first salmon feed plant in the world to be certified according to the Aquaculture Stewardship Council Feed Standard.

We are continuously increasing our knowledge and will keep reducing our impact through efficiency improvements, better data quality, changes in raw material compositions and sourcing.
Bastiaan van Tilburg, CEO, Skretting

Dealing with dilemmas

On the improvement side, one of Skretting’s goals has been to source 100% of its marine ingredients from certified origins, or else from a Fishery Improvement Project, by 2025. In 2023, a combination of reasons such as a lower amount of certified ingredients due to fishing quota in Peru, fisheries losing their certification and few fisheries entering into FIPs, led to a record high cost of fish oil, which had an impact on the cost of feed. As a result, 77% of the marine ingredients purchased were certified or from a FIP – down from 84% reported in 2022. Skretting recognises that this step backwards needs to be the exception to the rule, but that it needs the industry to move on the same direction to reach its ambitious targets.

“If we look at the volume of uncertified ingredients in 2023 alone, paying the premium to replace them with certified would have cost our global operations around €70 million more, and that’s something that we can’t absorb on our own. We need the industry to come together and share the responsibility to create a positive environmental and social impact,” adds van Tilburg.

Skretting’s Impact Report is a call to arms; the value chain needs to move in the same direction, sharing both responsibilities and costs. Certification bodies are asked to be stricter during audits, with clear-cut distinctions between what is or isn’t certified. Feed producers must innovate to lower cost and reduce dependency on certain ingredients, and engage in new FIPs to find new certified marine ingredients. And the industry must be steadfast in its drive to be more sustainable, which will go a long way to helping eradicate risks such as Illegal, Unreported and Unregulated (IUU) Fishing, child labour and modern slavery, among others.

We need the industry to come together and share the responsibility to create a positive environmental and social impact.
Bastiaan van Tilburg, CEO, Skretting

Strengthening collaboration and transparency

In a bid to enhance transparency in the organisation, Skretting has disclosed the number of cases reported through Speak Up, its whistleblower and grievance mechanism that is open to both internal and external stakeholders. The total number for 2023 stands at 10. Skretting aims to increase awareness of this tool, and also consistently invite its stakeholders to provide feedback, both on what is going well, and what ultimately needs to be done better.

Acknowledging that progress can only be done in collaboration with other stakeholders, Skretting also invited customers, suppliers, certification bodies, NGOs and other partners to share their views on the challenges that aquaculture faces and the possibilities to improve.


Some highlights from 2023

Jorge Díaz

During 2023, at least 17% of our scope 3 emissions were covered by commitments made through the Science Based Targets Initiative.

ingredient approach

Oil pouring

77% of our marine ingredients were certified or coming from an Fishery Improvement Project (FIP).

Marine ingredients

Johan Gerrits

For the first time ever, we published the total number of Speak Up cases reported – 10 cases.

Ethics & compliance

Stuart Fyfe

Skretting’s absolute carbon footprint rose by 4.1% in scope 1 and 2 from 2018-2023 but decreased by 11.1% in scope 3 during the same period. We explain why.

Climate & circularity

Alexandre Bolay

We continue to show our dedication to health, safety and the environment. For the
second consecutive year, we achieved a significant reduction in the Total Recordable Case Frequency (TRCF), which decreased by 16% to 1.61 per 200,000 hours worked by the end of 2023.

HSE

Juan Manuel Leiva

Skretting Chile became the first certified salmon feed plant in the world, according
to the Aquaculture Stewardship Council (ASC) Feed Standard.

ASC certification

Marcel Görmer

Skretting’s carbon footprint per ton of feed produced decreased by 32% globally from 2018-2023.

Carbon footprint

Tibiábin Benítez-Santana

And, finally, we encourage you to read our “Collaboration with stakeholders” section,
where we hear directly from them on a variety of important subjects.

Collaborations

Impact Report 2023 chapters