ZERO DEFORESTATION POLICY
Why we need to act
Forests serve a critical function in the fight against climate change and provide livelihoods, food, shelter, medicine, and fuel for more than a billion people worldwide. Forests are also home to 80% of our planet’s plant and animal species. Conservation of natural forests is therefore crucial to limiting global warming, preserving terrestrial biodiversity, and safeguarding the rights of Indigenous Peoples.
Soy and palm oil cultivation are among the biggest known global drivers of deforestation and forest degradation. Seeds from the soybean plant provide high protein for animal feed for livestock, including farmed fish. Fish feed is the most important and costly input factor in salmon farming. Sustainable sourcing has long been an issue, with increased production volume of farmed fish, which has made feed producers substitute marine fish oil and fish meal with plant-based ingredients such as Soy Protein Concentrate.
Increasing demand for protein and animal feed is likely to lead to expansion of soy cultivation, causing loss of forests and vegetation in biomes like the Amazon and Cerrado in Brazil. The Amazon Soy Moratorium was implemented by the Brazilian soy industry and civil society in 2006, halting deforestation caused by soy cultivation. No such industry-wide solution is in place in the Cerrado. The Brazilian Forest Code allows for forest conversion of up to 80 percent of the Cerrado biome. As such, additional solutions are needed to halt soy related deforestation of the Cerrado.
Grieg Seafood is committed to eliminate deforestation from our supply chain.
In 2019, the Grieg Seafood used the following feed ingredients with deforestation risk:
- Soy Protein Concentrate based on soybeans: 16% of total amount of feed globally
- Palm Oil: 0,21% of total amount of feed globally
Direct impact on deforestation
We certify 100 % of all ingredients at risk
|Year||Ingredient||Certification schemes||Percentage certified|
|2020||Soybeans||Proterra and Round Table on Responsible Soy (segregated)||100%|
|2020||Palm oil||Round Table on Sustainable Palm Oil||100%|
Indirect impact on deforestation
We recognize that we may indirectly contribute to deforestation by increasing demand. To tackle this risk, and because certification schemes have not led to the desired halt in soy-related deforestation, we are working in the following ways:
- Grieg Seafood is a founding member of the Cerrado Funding Coalition together with Tesco and Nutreco. The coalition aims to end all soy-driven deforestation in the Cerrado, by funding a Brazilian-led industry-wide solution which provides financial incentives to farmers that expand soy onto existing agricultural land. Learn more at www.cerradofundingcoalition.com
- Grieg Seafood has pledged to contribute 2 dollars per tonne soy used every year for 5 years, starting when the solution is launched.
- Grieg Seafood is committed to use our market power to impact the soy industry towards becoming deforestation free.
- We are a Steering Group member of the Cerrado Manifesto Statement of Support
- We are in continuous dialogue with suppliers on taking one step further towards ending deforestation
New feed ingredients for the future
With a growing global population, the aquaculture industry and Grieg Seafood are poised for growth during the coming decades. We recognize the need to find alternatives, and will take part in commercialization of alternative feed ingredients.