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SUSTAINABILITY LIBRARY 2023 About Lerøy Material topics

Material topics

Material impacts

Process to determine material topics

In order to identify which issues are the most significant to Lerøy and determine material topics, the company has undertaken a materiality assessment.

In order to determine material topics, Lerøy completed the following steps:

  • Identified the stakeholders which are the most important to the organization. The most important stakeholders included customers, suppliers, business partners, employees’, regulators and community representatives;
  • Identified a range of potential material topics, based on own materiality assessment, GRI 13 Sector Standard, Coller Fairr Protein Producer Index, EU Taxonomy and other relevant frameworks, which the stakeholders had to assess with regard to their relevance to them and Lerøy;
  • Conducted materiality assessment by identifying potential materiality topics and requesting stakeholders to prioritize and assess the importance and impact of issues that are relevant Lerøy seen from their perspective. Stakeholder feedback is gathered in a form of questionnaire which is distributed to relevant stakeholders;
  • Prioritized material issues based on their actual and potential, negative and positive, impacts on the economy, environment, and people, including impacts on their human rights. The material topics that were defined as relevant are those which the organization has or can have the greatest positive or negative impact on. The organization has not tested the topics on other stakeholders than the Management Team and Audit Committee after they have been concluded as it sees the assessment process to be sufficient in defining the material topics;
  • Reported on the materiality issues and how they are being managed.
Stakeholders whose views and feedback has been collected
  • PWC: Audit and assurance, consulting and tax services
  • Løvold: Supplier of systems for mooring fish farms and other floating installations in the sae
  • The Norwegian Seafood Federation – interest organization for fisheries and aquaculture companies in Norway
  • ScaleAQ: Supplier of aquaculture systems (such as mooring systems, pens and pen accessories, barges, nets and net service, camera systems, LED lights and sensors, feeding systems etc.)
  • OneOcean – Supplier of software solutions for informed and compliant voyage decision making;
  • Söderberg & Partners: Supplier for risk assessment and financial advice
  • Ettiketto: Packaging supplier
  • Marel: Food processing machinery and software solution
  • Zoetis: Producer of medicine and vaccinations for pets and livestock
  • Atradius: Supplier of trade credit insurance, surety and collections services
  • ICA: Swedish retailer franchise
  • Wikborg Rein: one of the biggest law firms in Norway
  • Akvagroup: Supplier of solutions and services to global aquaculture
  • DNV: an international accredited registrar and classific
  • Ahlsell: supplier of products and services within electrical, tools, personal protective equipment etc.
  • Rema: grocery chain in Norway and Danmark
  • Morenot: provider of solutions to fishing-, aquaculture- and seismic industries
  • IKEA: Swedish chain selling  ready-to-assemble furniture and houseware supplier
  • Aquatiq: Supplier of process equipment, chemistry and hygiene solutions to global food industry
  • Bellona: Independent non-profit organization that aims to meet and fight climate changes
  • Båtsfjord municipality: municipality in northern Norway (Lerøy runs a processing plant in the municipality)
  • Bewi: international provider of packaging, components and insulation solutions
  • Vard: full-service ship builder and designer
  • Norgesgruppen: Norwegian grocery wholesaling group
  • DNB: Financial services company (bank)
  • Danske bank: private Nordic banking company
  • Optimar: automated fish processing company
  • Skretting: world’s largest producer of feeds for farmed fish
  • Selstad: International supplier of competence and equipment for sea-based commerce
  • NMBU: Norwegiosn University of Life Sciences (research institution)
  • Employees of Lerøy

 

Material topic 2022 

Is the topic new or has it been included in ESG reporting in previous reporting period? 

BIODIVERSITY 

The topic has been included in Lerøy’s ESG reporting in previous reporting period. Fish Escapes, Sea bed conditions was material topics in 2021 but is now included in biodiversity. 

WATER AND EFFLUENTS 

New material topic in 2022 

WASTE 

New material topic in 2022, however the company chose to include GRI 306 “Waste” (2020) in its reporting for 2021 

FISH HEALTH AND WELFARE 

The topic has been included in Lerøy’s ESG reporting in previous reporting period. Sea Lice, Use of Drugs and Chemicals, was material topics in 2021 but is now included in fish health and welfare. 

CLIMATE EMISSIONS 

The topic has been included in Lerøy’s ESG reporting in previous reporting period; In the previous reporting period the name of the topic was “Emissions” 

RAW MATERIALS FISH FEED 

The topic has been included in Lerøy’s ESG reporting in previous reporting period. Deforestation was a material topic in 2021 but is now included in raw materials fish feed. 

HEALTH, SAFETY AND ENVIRONMENT 

The topic has been included in Lerøy’s ESG reporting in previous reporting period; In the previous reporting period the name of the topic was “Health, Safety and Environment (HSE)” 

FOOD SAFETY 

New material topic in 2022. Product Traceability and Product Recall was a material topic in 2021, but is now included in Food Safety. 

FOOD SECURITY 

New material topic in 2022 We reported food waste in 2021 

RESULTS 

The topic has been included in Lerøy’s ESG reporting in previous reporting period; In the previous reporting period the name of the topic was “Earnings and Returns for Owners” 

SUPPLIER MANAGEMENT 

The topic has been included in Lerøy’s ESG reporting in previous reporting period 

CUSTOMER PERSPECTIVE 

New material topic in 2022 

COMPLIANCE 

The topic has been included in Lerøy’s ESG reporting in previous reporting period; In the previous reporting period the name of the topic was “Compliance and Business Code of Conduct” 

ANTI- CORRUPTION 

New material topic in 2022, however the topic was partly reported on under “Compliance and Business Code of Conduct” 

LEARNING AND ORGANISATIONAL DEVELOPMENT 

New material topic in 2022 

Topics which we reported on in 2021 that are not included in 2022 reporting:

  • Plastic Management
  • Certifications

 

In 2022 Lerøy has chosen to report on material topics which reflect the content in GRI Sector Standard 13. The material topics for 2022 implicitly cover the topics listed above.