SBTi initiative approves aquafeed manufacturer’s ‘ambitious’ climate action targets

Responsible Seafood Advocate

BioMar’s overall sustainability plan hits key milestone

climate action
BioMar’s climate action targets were validated and approved by the SBTi, hitting a milestone in BioMar’s overall sustainability plan. Image from BioMar’s 2022 Sustainability Report.

BioMar has become the first aquafeed company to have its carbon reduction targets independently validated to meet the 1.5 degrees-C trajectory. This is currently the most ambitious designation available through the Science-Based Targets Initiative (SBTi) process.

“As around 80 percent of the carbon emissions of aquaculture farming come from the feed,” stated Vidar Gundersen, global sustainability director at BioMar Group. “Our customers expect BioMar to take ambitious steps quickly to reduce our emissions.”

BioMar’s 2022 Sustainability Report outlines the carbon reduction targets validated by the SBTi initiative, which include reducing BioMar’s total feed greenhouse gas (GHG) footprint by one-third by 2030 and a 4.2 percent year-on-year absolute GHG emissions reduction target. In 2022, the total feed GHG reduction was 5.5 percent.

Together with suppliers, BioMar has launched improvement programs to reduce environmental impacts and increase circular and restorative practices, as most of aquafeed’s carbon footprint comprises Scope 3 emissions related to the raw materials.

“Applied, science-based sustainability is a mantra at BioMar, and data quality is key,” said Gundersen. “We have skilled global and local teams working with cutting-edge tools and methodologies for optimized sustainability solutions. We will all reach our targets sooner by collaborating together through the value chain.”

Read BioMar’s 2022 Sustainability Report here.

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