Policies

Policy: Fish feed

Fish feed policy

Purpose

The purpose of this policy is to specify guidelines for the requirements and goals stipulated by Lerøy Seafood Group (Lerøy) for finished feed and feed raw materials, in terms of environmental, social and financial sustainability.

Valid for

This policy applies to all employees who carry out work involving fish feed at Lerøy.

Definitions

Lerøy covers all wholly or partly owned subsidiaries and collaborating companies within fish feed purchases.

 

Framework and principles

Marine raw materials shall originate from responsibly regulated fisheries, with individual species governed in accordance with the regulations laid down by national and international authorities and quotas specified on the basis of scientific recommendations (HI, ICES, FAO, IMARPE, CERNAPESCA etc.). We do not accept species that are on the UN’s list of endangered species (the CITES Convention on International Trade in Endangered Species of Wild Fauna and Flora) or classified as critically endangered or endangered on the IUCN Red List of Threatened Species. The supplier shall comply with and follow the prevailing ASC standard for all marine raw material deliveries to Lerøy. Lerøy also aims to increase the share of MSC certified marine raw materials, year by year.

Vegetable raw materials shall originate from land-based production in areas sustainably obtained for such production. The supplier shall not make use of suppliers that are involved in burning/destroying rain forests/mangrove forests. Vegetable raw materials shall be certified in accordance with an internationally approved standard for sustainability, if such exists.

If soy is used in the feed, this must originate from producers who have full traceability throughout the value chain, and suppliers who have specified a cut-off date for deforestation (Brazil).  All soy from Brazil must have ProTerra certification.

When evaluating new raw materials that do not naturally belong to the above-mentioned categories, the raw material's level of sustainability shall be thoroughly and comprehensively assessed, and a written in-house report shall be prepared, supported by documentation from the producers. Lerøy has taken an active choice in relation to establishing new sources for raw materials for feed, and shall continue to lead the way in the development of new, circular raw materials. These do not have to have full certification at the time of use.

All raw materials shall be covered by a tracking system, providing a full overview at all times of the raw material used (down to species and catch/production area) and where the feed containing these raw materials has been used.

Lerøy does not make use of GMO raw materials, palm oil, ethoxyquin, raw materials from salmonids, Land Animal Proteins (PAP/LAP's) or fat sources from land animals.

Feed shall at all times comply with the Group's different fish farming certificates, such as organic production, Lerøy Salmon TM and ASC production.

Lerøy aims to minimise greenhouse gas emissions throughout the value chain. Raw materials for fish feed represent a significant factor in terms of greenhouse gas emissions, and Lerøy therefore aims to focus on raw materials that help us achieve our climate goals.

 

Roles and responsibilities

  • All employees involved in feed developments, feed specification developments, feed purchases and other tasks related to feed are responsible for following the policy.
  • The top management in each company is responsible for ensuring that the company has personnel with the competencies required to ensure compliance with local regulations.

Policy ownership and implementation

  • The Technical Manager is the owner of this document, and is responsible for updates.
  • The COO Farming is assigned principal responsibility for the policy and is also responsible for ensuring its implementation and compliance.
  • The policy requires the approval of the corporate management at Lerøy, and shall be presented to the Group's Board of Directors.
  • The CEO of Lerøy Seafood Group has overall responsibility for the policy.