GLOBAL URGENCY

Climate change presents a “code red” threat to humanity." The world is currently on a trajectory that surpasses the critical climate target of limiting the temperature increase to 1.5°C above pre-industrial temperatures by 2030.

To prevent devastating effects on our planet and its people, we must rapidly cut global greenhouse gas (GHG) emissions by half before 2030 — and achieve net zero by 2050.

Food production, for both humans and pets, including supply chains, farms, crop production and land use – is responsible for nearly 26% of global GHG emissions, and the seafood industry is a key part of this sector.

INTEGRATED APPROACH

Across our value chain, significantly reduce and reach net zero emissions from owned activities, purchased goods and services, fuel and energy related activities, upstream and downstream transportation and distribution.

Aligning our targets with the Science Based Target initiative (SBTi), we will drive the deployment of new environmental data collection tools and help deliver a net zero economy. From farms, factories and forests, to open sea fishing and aquaculture – we will accelerate our path to a healthier and more sustainable world.

We are the first global seafood processor in the world to set 1.5°C aligned short-term and long-term goals verified by SBTi, accelerating meaningful progress in our industry. Our purpose is to help regenerate ecosystems, heal the planet and support the people our business depends on.

SEACHANGE® COMMITMENT

A 42% reduction in GHG emissions by 2030 from a 2021 baseline, and net zero by 2050.

Path to Net Zero by 2050

Sourcing

  • Ensure zero deforestation across the supply chain
  • Reduce farm operations energy use
  • Utilize alternative feed ingredients
  • Explore zero and low carbon fuel and technologies

Production

  • Phase out coal from our operations
  • Install renewable energy
  • Increase energy efficiency
  • Raw material utilization

Post Consumer Waste

  • Drive recyclable packaging and reduce the demand on raw materials

Customers

  • Support customer GHG emission goals and targets
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ACTION PLAN

FUTURE OUTCOMES

Impact Areas

Climate Action

2030 & 2050 science-based targets verified by SBTi

Biodiversity

Ensuring a zero-deforestation supply chain

United Nations Sustainable Developments Goals

OUR PROGRESS (2024)

Scope 1 & Scope 2
-21%
By 2030
Scope 3
-32%
By 2030
42%

reduction in Greenhouse Gas (GHG) emissions across Scopes 1, 2 and 3 by 2030