Sustainability

Benchmark’s mission is “Driving Sustainability in aquaculture”. We are doing so by delivering products and solutions that improve sustainability for aquaculture producers through better health, yield and animal welfare.

Driving Sustainability in Aquaculture

We deliver products and solutions that improve sustainability for producers through better health, yield and animal welfare.

We do this by identifying environmental, social, and governance (ESG) opportunities and actively managing risks material to our business and stakeholders. Our sustainability strategy is aligned to address the risks and opportunities in nine ESG factors, all aligned with the UN Sustainable Development Goals.

Read more about our commitment, goals, and achievements in the BMK Sustainability Report 2023

Picture of Ivonne Cantua, Director of Investor Relations and head of the Sustainability Working Group

We believe that by fulfilling our mission we can help to meet the needs of a growing global population for healthy, nutritious food while minimising the impact on the environment and communities where aquaculture is present.

Ivonne Cantu, Director of Investor Relations and head of the Sustainability Working Group

Five Focus Areas

Our program has five focus areas that together address the main drivers of sustainability and ESG risks in our business. The five areas recognizes that financial sustainability and corporate governance are managed through our finance and legal functions.

Our objective is to develop products that have a positive impact on the sustainability of aquaculture. Genetics is the very starting point of the production chain in aquaculture. Every improvement of efficiency or survivability will contribute to a more sustainable end-product.

Because genetics are live products, animal welfare and fish health are direct outputs of what we do. Sustainable farming system is not only a benefit for the animals and the environment, but actually essential contributors to the success of our customers.

Every industry impacts its environment in some ways. We aim to reduce our GHG emissions and waste to a minimum level in all of our operations across geographical lines and species.

Benchmark Genetics Norway became a member of the network Klimapartnere in May 2019. The company has set ambitious goals to become climate neutral by 2025 and fossile free by 2030.

At Benchmark, we promote animal health and welfare through our products and our operations.

We care for our people and empower them to reach their potential.

We engage with our employees through the Employee Champion representatives, and the monthly Town Hall meetings lead by the Executive Management Team. To promote well-being, Benchmark has trained a team of Mental Health First Aiders across the group who has the role of being a confidential point of contact for employees experiencing issues in connection with mental health.

Continuous training to increase knowledge and engagement is secured through the Benchmark Training Platform.

Benchmark for Better (‘B4B’) is the company’s new communities, and charity initiatives. It is an umbrella for our existing charitable and community work, and a platform from which to build from. B4B combines charity and sustainability, aligning our efforts with the UN Sustainable Development Goals and with our corporate purpose of improving the sustainability of aquaculture.

We contribute to improvements for broader communities, making a meaningful and positive impact on the communities in which we operate – for its people, animals and the environment. In 2020, Benchmark implemented a Group volunteering policy, allowing employees to take two days off to volunteer for a chosen charity.

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