2030 Ambitions: Our Promise 

1/3 by 2030

Reduce BioMar total feed GHG footprint by 1/3 by 2030

BioMar is responding to an urgent call-to-action for companies to set emissions reduction targets backed by a global network of UN agencies, business and industry leaders. We have set company-wide emission targets in line with climate science to ensure we are net-zero no later than 2050.

BioMar has set verifiable science-based targets through the Science Based Targets initiative (SBTi). We have committed to ambitious GHG emissions reduction targets following the 1.5°C pathway. Climate scientists define this as necessary to meet the goals of the Paris Agreement.

With aquafeed representing a significant proportion of the carbon footprint of farming, our farmers will be able to directly benefit from a reduction in their own on-farm footprint.

2022

Milestones

• BioMar total feed GHG footprint: 2.08 tonnes CO2/tonne feed (-5.5% from baseline 2020)

• Scope 1 & 2 SBTi status: -7.6% from 2021 (-15.9% from baseline 2020)

• Scope 3 SBTi status: -1.6% from 2021 (-1.6% from baseline 2021)

• Climate action targets validated and approved by the SBTi

• Achieved emissions reductions through low carbon technological solutions and fuel optimisation

50% by 2030

BioMar feeds 50% circular and restorative by 2030

In BioMar, we take action for our areas of responsibility. We encourage and stimulate restorative practices in our supply chain and have set targets for minimum inclusion levels of circular and restorative ingredients.

BioMar considers raw materials originating from by-products and waste streams to be circular. We seek to decouple feed supply chains from directly competing with food for human consumption.

We define restorative ingredients as raw materials that significantly shift the balance between ecosystem impacts and human production systems. The goal is to stimulate net-positive environmental outcomes compared to time-bound relevant benchmarks.

2022

Milestones

• 23% Circular and/or Restorative ingredients

• Submitted manuscripts to scientific journals to improve biodiversity coverage of our Restorative method

• Contributed 40 000 tons of new European origin, Donau Soja certified soybeans into the market

• Partnered with key suppliers to promote restorative practices, including regenerative agriculture

• Launched the West Africa Working Group through the GRT to improve ESG impacts of fisheries

• Contributed to a social audit of impacts from the marine ingredients industry in Senegal and Mauritania

• All-time high in ASC compliant raw materials

100,000 by 2030

100,000 people directly engaged in capacity building initiatives by 2030

At BioMar, we are actively engaging our entire value chain as we believe we can create a far-reaching impact on the world through capacity building, which lies at the core of all resilient societies.

We provide training courses and development programmes for employees, farmers and communities. We actively engage in third party agricultural and fishery improvement programmes and supplier improver initiatives. Through these initiatives, we aim to directly enable 100,000 people annually by 2030.

We promote human and labour rights through initiatives like responsible pay and diversity targets. Through innovation, we create aquafeeds enabling people to make healthier and more sustainable food choices. We continue our commitment of active participation in the public debate around sustainable nutrition.

2022

Milestones

• Over 44,200 people impacted by capacity building initiatives

• 98% of the workforce is paid on or above living wage level

• Employee engagement in the top 25% of global manufacturing companies with a net promoter score (NPS) of 45

• Created the global diversity policy and set 2025 targets

• Created an internal global Cultural Awareness programme

• New Code of Conduct globally adopted by senior management

• Started a metrics-based roadmap for reporting on human rights