Prominent aquaculture enterprise Cermaq has been named as the most transparent salmon farming company by industry surveyor Seafood Intelligence.
Ranked alongside 36 salmonid companies and 11 fish feed companies, Cermaq was able to nail down the top spot in Seafood Intelligence’s annual transparency benchmark report by offering unique external assurances of its sustainability status, and by doing its due diligence in providing quarterly sustainability performance results.
“I’m proud of this accomplishment. Our commitment to openness and transparency is at the heart of everything we do. It is our ambition that through transparency and open reporting on material topics, we will improve and strengthen the constructive dialogue with our stakeholders,” said Cermaq CEO Geir Molvik of the company’s accomplishment.
For the seven years that the benchmarking transparency report has been published, Cermaq has clenched the top spot five times, and has been ranked as runner-up twice.
“We are working continuously to progress our reporting, and it is very valuable for us to obtain an objective and comprehensive feedback on our efforts,” said Wenche Grønbrekk, Head of Sustainability and Risk for Cermaq. “We also believe that good reporting is an essential tool to strengthen sustainability performance.”
Cermaq’s transparency efforts are robust and include the alignment of the company’s strategy to the UN Sustainable Development Goals, as well as its participation in industry partnerships such as the Global Salmon Initiative, Seafood Business for Ocean Stewardship (SeaBOS) and FReSH.
Cermaq, which is a subsidiary of Mitsubishi Corporation, is a leading farmer of trout and salmon, with operations in Norway, Chile and Canada.
