BioMar receives third-party verification of carbon reduction plan

BioMar is now the first aquafeed company to meet the Science Based Targets Initiative’s (SBTi) ambitious carbon reduction targets.

SBTi is a partnership between multiple environmental groups that encourages corporations to reduce their greenhouse gas emissions and independently assesses their plans. More than 2,000 companies have signed onto the initiative, including seafood companies such as Lerøy Seafood, Grieg Seafood, and Nomad. In 2022, SBTi released a guide specifically to help seafood companies reduce their carbon footprint.

BioMar announced its intention to seek a carbon reduction pathway through SBTi in June 2022, and now SBTi has validated the Denmark-based company’s plans. The company is committed to reducing its emissions by approximately a third by 2030. BioMar also released a 2022 Sustainability Report outlining its targets.

“As around 80 percent of the carbon emissions of aquaculture farming come from the feed, our customers expect BioMar to take ambitious steps quickly to reduce our emissions,” BioMar Group Global Sustainability Director Vidar Gundersen said.

Gunderson added that applied, science based sustainability “is a mantra at BioMar, and data quality is key.”

 “We have skilled global and local teams working with cutting-edge tools and methodologies for optimised sustainability solutions. We will all reach our targets sooner by collaborating together through the value chain,” Gunderson said.

Joining SBTi is just part of the company’s efforts to be more environmentally conscious. To celebrate its 60-year anniversary in 2022, BioMar adopted a new corporate strategy that incorporates new environmental and community projects.

“We undertook the biggest strategy process in the history of BioMar,” BioMar CEO Carlos Diaz said. “It is an ambitious strategy with exciting opportunities, and sustainability is no longer just a part of the strategy – it is the strategy.”

Photo courtesy of BioMar