Marine Harvest tops sustainability index
Marine Harvest has topped the new Coller FAIRR* Protein Producer Index. This index is the world’s first comprehensive assessment of how 60 of the world’s biggest farmers of meat, fish and dairy are managing their sustainability risks.
The assessment looked at environmental, social and governance (ESG) factors. Each company’s performance was evaluated on 22 KPIs, with regard to pollution, climate change, food safety, animal health & welfare and worker safety.
Overview of the risk factors on which the FAIRR Index ranked 60 of the world’s largest protein producing companies
It found that although more than half of the companies investigated are failing to properly document their impact, salmon farming companies rank among the most sustainable.
“In general, aquaculture companies lead the animal proteins sector in the quality of their reporting of critical sustainability issues. Europe-based aquaculture producers – Marine Harvest, Lerøy Seafood and Bakkafrost – display management best practice and disclosure across all eight scored risk factors.”
Marine Harvest was the top ranked company with an overall score of 81.9 out of 100, scoring well across all areas. It was highlighted, in particular, for its approach to antibiotics. “Their robust policies and performance on antibiotic use are complemented by a comprehensive discussion of fish welfare.”
The top-10 of the overall FAIRR Protein Producer Index/De top-10 van de FAIRR Protein Producer Index ranglijst
For a brief executive summary on the FAIRR Protein Producer Index, see:
http://www.fairr.org/coller-fairr-protein-producer-index/
A detailed summary of the report can be found here.
*FAIRR, founded by Jeremy Coller, Chief Investment Officer of Coller Capital (one of the world’s leading investment companies), is a collaborative investor network that raises awareness of material ESG risks and opportunities in global animal protein supply chains. FAIRR helps investors identify, prioritize and act on these factors through cutting-edge research and collaborative investor engagements with global food companies.