As a leading producer of feed ingredients from sustainable marine and aquaculture sources, we recognize that our value chain is deeply connected to a nexus of environmental, social, and governance topics.
The business implications of these topics are driven by sustainability megatrends such as climate change, food scarcity, water availability, resource limitation, biodiversity decline, and population growth. Billions of people rely on oceans for their livelihood and food source, and simultaneously there is a need to conserve and sustainably use ocean resources at all levels. Value creation lies in solutions that sit at the convergence of global productivity and addressing these pressing sustainability challenges. Innovative solutions that support economic growth, secure food supplies, address adverse environmental impacts, promote human rights and fair labor standards and provide both safe and healthy products to end consumers create enduring value.
The United Nations established the sustainable development goals (SDGs), a universal set of 17 goals, targets and indicators designed to shape corporate agendas and political policies in relation to a broad range of social, environmental and economic development issues. Private sector contribution to achieve this ambitious goal is critical. As such, ScanBio aligns our corporate activities to several of the SDGs in an effort to unlock value creation opportunities while practicing good corporate citizenship.
ScanBio accomplishes this by tracking key environmental key performance indicators. Collectively, the production framework aligns with four SDGs: Zero Hunger, Responsible Consumption and Production, Climate Action, and Life Below Water. Beyond the sustainable production framework, ScanBio is committed to responsible business growth that support SDGs such as Affordable and Clean Energy, and Decent Work and Economic Growth.