June 22, 2023

Veramaris' first sustainable development report sets foundations for growth

Veramaris has just released its first sustainable development report to provide an update on its sustainability journey and showcase algal oil as a reliable and renewable source of omega-3 (EPA & DHA) for aquafeed.

This is especially timely as farmers revisit omega-3 feed specifications to improve animal health, quality and farm productivity, while fish oil supplies face uncertainty due to reduced forage fisheries quotas and the risk of a powerful El Nino on the horizon, the company added.

"No genuine growth can come without efforts to improve our own sustainability. I believe our responsibility as a forward-thinking company is to do better ourselves, while helping others do better too," said Gertjan de Koning, chief executive officer of Veramaris.

Structured around six UN Sustainable Development Goals, the report includes Veramaris' first greenhouse gas emissions statement. This is in addition to the actions already being taken to ensure the company's Science Based Target commitment is reached by 2030.

The report also provides updates on the company's value chain marketing efforts, which involve collaborating with partners to reduce marine dependency and ensure the health and nutritional quality of farm-raised seafood.

Working with supply chain partners, Veramaris has shown how algal oil can be used to control Omega-3 content in farmed salmon, creating value by ensuring maximum product quality and offering consumers an excellent source of omega-3. Leading retailers are already making algal oil part of their ESG communication.

More details about Veramaris' sustainability commitment and progress are available in the full report here: veramaris.com/sustainability

- Veramaris